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...FDIC has taken over--nationalized, if you will--14 smallish banks so far this year. The tough questions have to do with the banking giants. Regulators deem them too big to be sold off or shut down according to standard FDIC procedures without risking another market breakdown like the one that followed the collapse of Lehman Brothers. The Obama Administration has already said it will buy shares in banks that need more help, and is negotiating a deal that would give it a big minority stake in Citigroup. But it has so far dismissed suggestions that it should take full...

Author: /time Magazine | Title: Nationalizing Banks: What's All the Fuss? | 2/26/2009 | See Source »

...from beyond the arc in the first half, only landing one three pointer, but shot 50 percent from the three-point line in the second half after the guards took over the scoring initiative. THREE-POINT LANDThe Crimson, a team that is usually wet from beyond arc, saw a breakdown in its three-point shooting this weekend. The team shot 27.3 percent from three-point range on Friday and 33.3 percent on Saturday. “They are hesitating,” Delaney-Smith said. “Tay is an excellent shooter, but she doesn’t like...

Author: By Evan Kendall, CRIMSON STAFF WRITER | Title: Forward Markley Leads Scorers | 2/23/2009 | See Source »

...Given Mexico's widespread breakdown in security, the praise for Flores' Feb. 5 act of self-defense is unsurprising. The conviction rate in the thousands of murders and kidnappings afflicting the nation every year is estimated to be as low as 5%. Women and children are also increasingly among those killed by criminal gangs. And the limits on the legal system's ability to stem the tide of violent crime has produced a growing, shadowy movement for vigilante justice. In recent months, at least three new clandestine groups have promised to hunt down and murder criminals to help restore order...

Author: /time Magazine | Title: As Crime Mounts, Mexicans Turn to Vigilante Justice | 2/21/2009 | See Source »

...Escobar. Many of the paramilitary leaders later confessed they had funded their own activities by dealing drugs, but claimed they virtually stopped anti-social crime in areas under their control. Gustavo Duncan, who authored a book on the Colombian paramilitaries, says similar organizations could emerge in Mexico amid the breakdown in state authority. "While Mexico may not ever get as bad as Colombia, some of the factors are very similar," Duncan notes. "When the state cannot keep control in certain areas, it leaves a vacuum for these type of organizations to step in and in many ways they become...

Author: /time Magazine | Title: As Crime Mounts, Mexicans Turn to Vigilante Justice | 2/21/2009 | See Source »

...could begin to better understand the brain.“I was interested in behavior in some way that was hard to put your finger on,” Sanes says. “What spot in the brain accounts for how we act? When somebody has a nervous breakdown, what is actually breaking down? We’re beginning to claw our way there.”But as Sanes and Lichtman seek to add to human understanding, they say they’re also hoping to attract undergrads to their field. Both teach...

Author: By Paul C. Mathis, CRIMSON STAFF WRITER | Title: Unraveling Nerves, Understanding the Brain | 2/20/2009 | See Source »

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