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...said that in practice, the prices for the toxic assets were still going to be too low when the programs are launched in coming months, according to a source who was in the room, which was confirmed by another source who was briefed by participants. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Banks Balk at Selling Toxic Assets | 4/16/2009 | See Source »

...believe in yourself in order to mature something and get it to where you really feel ready to show it and be judged by it. With all the pressures of getting into graduate school, and getting a job, and getting tenure, you can’t obviously blame anybody for grinding things out too fast, but it’s very disruptive. DD: I think a similar advice for writers too is that there’s so much a media thing of “Oh, the hot new first novel!”...and then the writer gets...

Author: By Kriti Lodha, CRIMSON STAFF WRITER | Title: An Interview with the Damrosch Duo | 4/16/2009 | See Source »

...rules to inject more transparency into the ratings process and to better mediate conflicts of interest. But those rules were severely watered down from what the SEC had proposed the summer before and subsequently dismissed by people who had been hoping for genuine reform. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...list of people and institutions to blame for the financial crisis would include credit-rating agencies - the companies that assign letter grades to everything from General Electric's bonds to Malaysia's sovereign debt, indicating the chances that investors will lose money. The CEOs of the three largest agencies - Moody's, Standard and Poor's and Fitch - were assailed by Congress in October for the way their firms made record profits while raising few, if any, red flags about how massively risky mortgage-related securities had become...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...boonies” or a “flyover” area. Minnesota has the highest voting rate in the country. 78% of eligible Minnesotans voted in the 2008 election. Garrett J. Augustine ’10 feels that the whole process of judges deciding the election is to blame. “Whichever way it gets decided by the judges does not seem like the will of the people,” says Augustine. Clearly Minnesotans care about their elections...

Author: By Lauren J. Vargas | Title: Franken Wins?! - Ya Shure, You Bet’chya | 4/15/2009 | See Source »

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