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These first steps, she said, are part of her larger initiative to bring new "transparency and accountability" to all financial sectors, enact "vigorous prosecution" of those who have "cheated investors" and modernize the entire U.S. regulatory system. (See the top 10 financial collapses...

Author: /time Magazine | Title: Mary Schapiro Moves Quickly to Shake Up the SEC | 2/11/2009 | See Source »

...Detroit may be forced to bring its production structure to a level where it can eventually do without financial help when the domestic market is only supporting 11 million or 12 million sales a year. However, the by-product of this process is that at 16 million unit sales, which is the level from just three years ago, Detroit may be forced to give up market share because it cannot replace its old plants and labor infrastructure fast enough to take advantage of a modest but rapid sales recovery. At a 20% market share, GM will only have to produce...

Author: /time Magazine | Title: When Does Detroit Run Out Of People To Cut? | 2/10/2009 | See Source »

...This is not only good for labor. It’s good for the City of Cambridge and it will provide much needed tax revenue,” said Joseph Power, the business representative for the Carpenters Local Union. Other residents were skeptical that the measure would bring an employment uptick. “If you’re looking at this to pay your mortgage, you’re going to be homeless and hungry,” said resident Heather M. Hoffman, addressing the union representatives present at the meeting. According to ARE Regional Vice President Tom Andrews...

Author: By Sarah J. Howland, CRIMSON STAFF WRITER | Title: Cambridge Council Approves Rezoning | 2/10/2009 | See Source »

...clubs devoted to starting other clubs and businesses devoted to founding other businesses. Overall, despite the shrinking student funding resources and questions about genuine motives, this entrepreneurial bent is beneficial to the Harvard community. Students are better able to pursue their interests because of increasingly specialized organizations that bring in speakers and provide opportunities that would otherwise be absent. The entrepreneurs themselves also acquire valuable skills in the process—such as budgeting, networking, and managing—that will serve them well in the future...

Author: By Shiv M. Gaglani | Title: Entrepreneurs or Extortionists? | 2/10/2009 | See Source »

Cheesy Children's Weekend. If you can't get a babysitter for Valentine's Day, bring the kids along. In Sante Fe, the Inn of the Anasazi's weekend "Children's Crafty Mac & Cheese" package starts off with a family pottery class to create a personalized dinner plate. On Saturday afternoon, kids get a lesson with the Inn's chef, who teaches them how to cook their own mac and cheese and sugar cookies. At dinnertime kids get served, you guessed it, mac and cheese on their custom-made plates, and at night, their sugar cookies will be waiting...

Author: /time Magazine | Title: Fashion Week's Couture Tea Cakes and Other Travel News | 2/9/2009 | See Source »

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