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...believe that global PC shipments are near the bottom (of the cycle) and that we are approaching the beginning of the next, long-awaited PC-replacement cycle," Morgan's report said. Supporting that notion, a release on June 22 from a meeting of the Global Technology Distribution Council, whose member companies handle more than $100 billion in global technology sales, said that "the worst may be over...

Author: /time Magazine | Title: Tech Sales Up for Netbooks, but Not the Big Stuff | 6/23/2009 | See Source »

...bottom lines of Fannie and Freddie are any guide, the government seems to be doing a less than stellar job with the two mortgage-financing giants. In the first three months of this year alone, Fannie and Freddie lost a combined $33 billion; the government has pumped $85 billion in equity into the two companies to keep them afloat. What's more, the Treasury and the Federal Reserve have purchased more than $700 billion of Fannie and Freddie mortgage securities. Still, the turnaround of the two companies is not yet in sight. Lockhart said the bottom lines of Fannie...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...formerly the chief operating officer of the Social Security Administration. He says he meets with senior executives of both companies once a week; his staff interacts with Fannie and Freddie every day. Lockhart believes that the government has done a better job of running Fannie and Freddie than the bottom lines of the two companies suggest. Most of the losses suffered by the mortgage giants, he notes, resulted from mortgages that Fannie and Freddie backed before they were taken over. Furthermore, part of the mandate of the current conservatorship has been to use Fannie and Freddie to stabilize the mortgage...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...Howell E. Jackson had managed to secure some additional donor support specifically for HLS's Yellow Ribbon commitments, which allowed the school to participate fully even in the current tough financial times."I think [Harvard's Yellow Ribbon participation] is a typical case of 'every tub on its own bottom,'" said Seth W. Moulton '01, a Business School and Kennedy School student who served four tours with the Marines in Iraq and worked as a special assistant to General David H. Petraeus. Nevertheless, he said he thinks participation in Yellow Ribbon is a "huge step in the right direction...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Schools Vary Widely In Level of Support for Veterans Aid | 6/18/2009 | See Source »

...well organized. About 20,000 supporters of the President were inside the building, being entertained by a series of TV stars, athletes and religious singers. Many thousands more swirled outside. Inside, a TV host led the crowd in chanting "Death to Israel." "Squeeze your teeth and yell from the bottom of your heart," he implored. Later, the host said he had once asked Iran's President where he got the energy to travel to all the provinces. "My heart is powered by nuclear fuel," Ahmadinejad replied. The place was hot, and packed, and people were fainting. After several hours...

Author: /time Magazine | Title: Joe Klein: What I Saw at the Revolution | 6/18/2009 | See Source »

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