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...Outside, the hard questioning of bank executives has already begun. Hammered by reporters on a conference call on Sunday, Mustier said Kerviel had outwitted the bank's internal control department for nearly a year, partly by changing the financial instruments he traded - thus triggering attention from departments that knew nothing of his trading history. Kerviel learned the intricacies of the bank's controls during his time working in middle-office jobs, before moving to the trading floor in 2005. "He chose very specific operations which were not involving any cash movements," Mustier said. "He managed to place transactions which...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...Harvard men’s hockey team, the second-semester improvements have already begun...

Author: By Daniel J. Rubin-wills, CRIMSON STAFF WRITER | Title: Men's Hockey Gets Back on Winning Track | 1/27/2008 | See Source »

...pollster and resident Latino expert, told the New Yorker after her win in New Hampshire that "the Hispanic voter--and I want to say this very carefully--has not shown a lot of willingness or affinity to support black candidates," he started a firestorm of innuendo that has begun to shape how the media are covering the race for the Democratic presidential nomination in the heavily Hispanic Western states...

Author: /time Magazine | Title: The Black-Brown Divide | 1/26/2008 | See Source »

Nationwide, no fewer than eight black House members--including New York's Charles Rangel and Texas' Al Green--represent districts that are more than 25% Latino and must therefore depend heavily on Latino votes. And there are other examples. University of Washington political scientist Matt Barreto has begun compiling a list of black big-city mayors who have received large-scale Latino support over the past several decades. In 1983, Harold Washington pulled 80% of the Latino vote in Chicago. David Dinkins won 73% in New York City's mayoral race in 1989. And Denver's Wellington Webb garnered more...

Author: /time Magazine | Title: The Black-Brown Divide | 1/26/2008 | See Source »

...candidate is not well-known, it helps to be endorsed by mediating institutions that people trust. Part of Obama's problem in Nevada was that, apart from the late endorsement by the Culinary Workers' Union, he didn't have a lot of that institutional support. And though he has begun to build those relationships in California--including the endorsement of the Latina head of the Los Angeles County Federation of Labor--he may not have enough time to attain the kind of recognition among Latino voters that Clinton enjoys...

Author: /time Magazine | Title: The Black-Brown Divide | 1/26/2008 | See Source »

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