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...heavily backed by government money. But versions of the plan have faced challenges from the start. Last year, when he was head of the New York Federal Reserve, Geithner said the government might to try by itself to restart sales in these assets using a "reverse auction" where sellers bid down an asset's price to compete for buyers. (Read "Obama's Challenge: Containing the AIG Bonus Outrage...

Author: /time Magazine | Title: Plan to Buy Toxic Bank Assets Delayed Again | 3/19/2009 | See Source »

...said she initially felt that the IOP was “very much an old boys’ club,” and despite a recent rise in female participation at the IOP, she felt that her gender ultimately served as both an asset and a liability in her bid for SAC President.Cox entered the IOP as a freshman and was initially put off by the lack of diversity in its forums. “There was basically a feeling when you came to an IOP event that there were a bunch of men,” she said...

Author: By Eric P. Newcomer and Evan T. R. Rosenman, CRIMSON STAFF WRITERS | Title: Women in Charge: Lam, Cox, Flores | 3/18/2009 | See Source »

...Obama was really very good, and he still is.”More than a dozen years later, after having taken separate paths with their law degrees, Obama and Sullivan extended their casual friendship. The President asked Sullivan to serve as an informal adviser during his historic bid for the White House.And just three months after Obama transcended racial barriers to become the first black president, Sullivan has made history of his own. In early February, the clinical professor of law and his wife, Stephanie Robinson, were selected as the first black couple to serve as House Masters...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERS | Title: Historic Picks To Step in at Winthrop | 3/17/2009 | See Source »

...time when electoral turnout and party membership have fallen to all-time lows in Britain, the Jury Team is a bid to engage a disillusioned electorate. Currently, less than 1% of Britons are active members of political parties, meaning that between them the parties claim fewer members than the Royal Society for the Protection of Birds. As Judge wrote in a recent editorial for The Guardian newspaper: "Our politicians have been pathetic at increasing democratic engagement, even with the power of the media at their fingertips." According to Jury Team advocates, that could be deliberate. "There's never been...

Author: /time Magazine | Title: Britain's New American Idol Political Party | 3/17/2009 | See Source »

...more pragmatic conservative elements who've been alarmed by the incumbent's handling of the economy and foreign policy. For now, Ahmadinejad is the sole conservative candidate, but Tehran mayor Mohammed Baqer Qalibaf has signaled his intention to run, and there has also been talk of a presidential bid by former Foreign Minister Ali Akbar Velayati, who carries the backing of such powerhouses in the pragmatic centrist ranks as former President Akbar Hashemi Rafsanjani, chairman of the clerical body that elects the Supreme Leader...

Author: /time Magazine | Title: How Khatami's Exit Could Be Good for Ahmadinejad | 3/17/2009 | See Source »

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