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...runs a network of branches," says Antonio Ramirez, analyst at investment bank Keefe, Bruyette & Woods in London. "It's quite simple, quite traditional." Focused on retail banking, with limited investment banking operations, and with a long-buoyant domestic market to lean on, Santander side-stepped the toxic assets caught up in the collapse of the U.S. sub-prime mortgage market. Enjoying "good growth at home, they were never in the need of chasing growth in these kind of exotic instruments," says Ramirez. Santander's strategy - mirrored at rival Spanish lenders - owes much to the country's regulators. The Bank...

Author: /time Magazine | Title: Lessons from Europe's Big Bailout | 9/29/2008 | See Source »

...rousing start.Levine ascended the podium for the first time after undergoing surgery for kidney cancer. Baton in hand, he bowed his shock of wiry gray hair to acknowledge the standing audience’s warm reception. Earlier that day, Levine told the Associated Press that his doctors caught the cancer in its early stages and that he will need no further treatment. Once in his swivel chair, he surveyed the symphony members with a confidence that soon characterized the opening theme of Glinka’s “Overture to Ruslan and Ludmila.” The toe-tapping...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: BSO Shines On Opening Night | 9/29/2008 | See Source »

...common sense. It’s easy to assume that the victims of theft somehow bring it upon themselves, by making reckless decisions or failing to notice signs of impending danger. Many of us remain convinced that we have nothing to worry about—we would never be caught in such a vulnerable position...

Author: By Molly M. Strauss | Title: Going It Alone | 9/29/2008 | See Source »

...candidates spar, packing various locales to watch the broadcast with their fellow students, and came away with mixed reactions. “I thought Barack was better in the beginning and McCain was better in the end,” said Jerome M. Tullo ’12, who caught the debate at the Institute of Politics. “Obama was more logical and McCain used lots of one liners, but at the end he was very passionate.” Many of the gatherings were packed to the door, and at the IOP—where the John...

Author: By Anna S. Roth, CONTRIBUTING WRITER | Title: Students Assemble Across Campus to Watch Obama and McCain Duke It Out | 9/28/2008 | See Source »

...quarter, 9:42: A lucky break for the Crimson, as Matthew Hansen never turns around to the ball and the pass is caught in the end zone, but the official rules that the ball hit the ground. Ryan Burkhead gets Harvard's first sack of the game on the next play, and Brown settles for a FIELD GOAL. Your score is now 24-16 Brown...

Author: NO WRITER ATTRIBUTED | Title: HARVARD FOOTBALL LIVE! BROWN-HARVARD BLOG | 9/27/2008 | See Source »

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