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...billion dollar losses and complex financial assets, Santander's fortunes speak to the advantages of a simpler approach. Spain's largest bank "lends to their clients, takes deposits from their clients, and 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...

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

...more worrisome responses were the ones that betrayed her lack of curiosity about current events and reliance on bumper-sticker wisdom over complex thoughts. There were moments, in fact, in which you wondered whether she had been paying any meaningful attention to the world outside Alaska before McCain picked her as his running mate a month ago. (See photos of Sarah Palin on the campaign trail here...

Author: /time Magazine | Title: Viewpoint: Sarah Palin's Foreign Policy Follies | 9/27/2008 | See Source »

...North Korea Just kidding After expelling U.N. inspectors on Sept. 24, North Korea announced that it would reactivate its Yongbyon nuclear plant. The nation began dismantling the complex last year but reversed its stance in August when the U.S. failed to remove North Korea from an official terrorism list. Meanwhile, speculation continues over the health of leader Kim Jong-Il, still absent from public events...

Author: /time Magazine | Title: The World | 9/25/2008 | See Source »

...This article contains a complex diagram. Please see hardcopy of magazine...

Author: /time Magazine | Title: The World | 9/25/2008 | See Source »

...began the long, involved process of preparing the objects in the museum for transport to the off-site location where they’ll be stored during renovations. “It’s safe to say that it’s a very well-orchestrated and very complex project,” says Daron J. Manoogian, the Harvard Art Museums’ spokesman. The Fogg has over 260,000 works in its collection, though this number includes every ancient coin and paper drawing. Still, it’s easy to understand why the sheer number of objects...

Author: By Anjali Motgi, CRIMSON STAFF WRITER | Title: Where Art Thou, Fogg? | 9/25/2008 | See Source »

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