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...Whichever it is, if the number of institutions involved in swap-trading were limited to those trading with AIG, then AIG is probably not too big to fail. We have to worry about chains of claims. Just because AIG dealt only with banks does not mean those banks did not rewrite similar contracts with hedge funds...

Author: /time Magazine | Title: The Case for Letting AIG Fail | 3/16/2009 | See Source »

...What you wound up with is a host of more intelligent works.” While other comic book writers of the time shied away from the subtler nuances and deeper philosophical dilemmas, Moore welcomed them.“A lot of the superhero comics have always dealt with these characters with enormous abilities, if not enormous powers,” Davis says. “But not the realistic, ‘If I’m living in the world and I have the power to reshape it, why don’t I? Why don?...

Author: By Edward F. Coleman and Bram A. Strochlic, CRIMSON STAFF WRITERSS | Title: Hitting the Comic Books | 3/12/2009 | See Source »

Growing evidence of police executions has led to a profound sense of disillusionment among many Kenyans, who fear that their country is once again in the grip of authoritarianism, a phase most thought was relegated to the years of terror dealt out by Daniel arap Moi, who led the country from 1978 to 2002. The coalition government that was meant to restore normality after a spasm of postelection violence in early 2008 has done little to make life better, and the fact that so few police officers have been prosecuted or, indeed, have resigned after being accused has reinforced...

Author: /time Magazine | Title: Kenya: Protesting Politics As Usual | 3/12/2009 | See Source »

...report also ranks the states according to parameters that go beyond their share of homeless children, factoring in, among other things, incidence of such health conditions as asthma and tooth decay. With that framework, Connecticut, New Hampshire, Hawaii, Rhode Island and North Dakota were rated among states that dealt best with the problem overall. At the bottom of the list: Texas, Georgia, Arkansas, New Mexico and Louisiana...

Author: /time Magazine | Title: Report Says 1 in 50 U.S. Kids Is Homeless | 3/10/2009 | See Source »

...cornerstone of Coleman's case was roughly 4,800 absentee ballots his lawyers say election officials improperly rejected. But a mid-February order from the panel severely limited the categories of absentee ballots it would consider - and, in the process, dealt a serious blow to Coleman's chances of winning the contest. When Coleman rested his case last Monday, he was arguing for the court to examine fewer than 2,000 absentee ballots. In his closing argument, Coleman's attorney Jim Langdon argued the election was so rife with error that the panel might not be able to declare...

Author: /time Magazine | Title: Coleman and Franken Still Battle, As Minnesota Gripes | 3/10/2009 | See Source »

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