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...Strata is one of the many so-called toxic assets clogging the nation's financial pathways. What's more, the complicated bond and its ilk are likely to present a significant stumbling block in the government's latest effort to fix our ailing banks. (Read "Why Your Bank is Broke...

Author: /time Magazine | Title: For Geithner's "Bad Bank": A Toxic Financial Mutant | 2/9/2009 | See Source »

...When I was little, I pretended my bike was a horse named Satan. 18. My wife calls me Panda. When a friend of ours found out and started calling me Ling Ling, I got pissed. 19. I can't take guys who wear sports jerseys seriously. 20. Danny DeVito broke my pinky toe. 21. One time, Sean came over and asked what I was cooking. I grabbed his hand and shoved it into the pot of water. I had just put it on the stove, so it wasn't hot yet, but he didn't know that. 22. I find...

Author: /time Magazine | Title: 25 More Things I Didn't Want to Know About You | 2/8/2009 | See Source »

...would rather not stop our growth plans unless we are really broke,” he said...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: SEAS Weathers Economic Storm | 2/6/2009 | See Source »

...analysis of the 40 years preceding the outbreak of war. He begins by outlining the model of a “national economy” that linked the producers of the South to the manufacturers of the North and helped bind regional interests. In the 1850s, however, this alliance broke down because of two factors: the rise of the antislavery movement and the development of the Great Lakes economy...

Author: By Chris R. Kingston, CRIMSON STAFF WRITER | Title: Egnal Revisits Civil War Theory | 2/5/2009 | See Source »

...acquire a minimum 15% stake in a company must make an open offer to all shareholders based on a 26-week average share price. SEBI wants to waive this requirement to enable more realistic pricing of Satyam's shares, which plunged by more than 70% after the scandal broke and now trade at about $1.27 a share. Satyam's government-appointed board are discussing buyout options this week, but a sale cannot be completed until its accounts are restated, a process that could take several months. The company said this week it secured $133 million in working capital through bank...

Author: /time Magazine | Title: India Market Officials Probe Satyam Fraud | 2/5/2009 | See Source »

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