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...plan has three parts. Most people have focused on the first part, which is run by the reliable Federal Deposit Insurance Corp. (FDIC) and about which Geithner provided the most detail on Monday. It covers not the complex bundled loans that have received much attention in the media but troubled loans, like mortgages that haven't been paid for three months or more. The plan offers very favorable financing for private investors who want to buy them. In an example provided by the Treasury, an investor would pay as little as $6 for a loan that had an original value...

Author: /time Magazine | Title: Geithner's Bank Plan: Only a Partial Solution | 3/25/2009 | See Source »

...things you mention is that white bird poop means a bird is stressed. But when I see it around, it's almost always white. Are birds always stressed? I meant when it's almost completely white. Um, I don't know how much detail you want, but the dark bits in the middle? If you don't see any of that and it's all white, then the bird is a bit more stressed...

Author: /time Magazine | Title: Why S___ Happens | 3/23/2009 | See Source »

...Tadashi, a fictional apprentice of Wright’s. Tadashi’s first-person narration frames the third-person of Wright’s lovers’ perspectives, among others. His voice alternates seemingly at random between the different character’s viewpoints, somewhat haphazardly revealing pertinent details of their inner lives as they relate to the story. He also provides a relatively detached critical insight into the more volatile personalities at work; this distance offers some respite from the roiling, overheated emotion of the female protagonists. Tadashi, amusingly, does not neglect to insert his own opinions into...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: Novel Reveals Wright's 'Women' | 3/20/2009 | See Source »

...Cheney's own lawyer, David Addington, investigated for their role in creating the Bush Administration's so-called torture doctrine. And on the weekend of Cheney's CNN appearance, a leaked Red Cross report on the treatment of Gitmo prisoners used the T word, describing in graphic detail how terrorist suspects were, among other things, beaten, kept in coffin-like boxes, chained to their beds and starved for weeks at a time...

Author: /time Magazine | Title: What's Behind Dick Cheney's New Attacks? | 3/19/2009 | See Source »

...have shown any interest in tapping the trillion-dollar subsidy to buy toxic assets from the banks. Hedge funds and other players all want to know the terms of the sale before they even think about stepping up to the plate. So far, Geithner and Treasury have provided little detail. "The question of how to price the asset is still on the table, unresolved," says Scott Talbott, a top lobbyist for the Financial Services Roundtable, an industry association...

Author: /time Magazine | Title: Geithner Faces Questions as He Prepares to Roll Out Toxic-Asset Plan | 3/17/2009 | See Source »

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