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...considering a plan to back new securitized commercial-property loans for five years, which could help enliven the market and create new opportunities for refinancing. But real estate executives are pressing for more direct government rewards to lenders, like an extra point on the refinancing or a bump in interest rates, to encourage them to continue loans as they mature. "Let's provide a way for [the banks] to roll over those loans, not just say that no one wants to refinance them," said Blaine Walker, a commercial real estate broker in Utah...

Author: /time Magazine | Title: The Looming Crisis in Commercial Real Estate | 4/22/2009 | See Source »

...outbreaks, Zucker supported the adoption of a set of 2007 World Health Organization recommendations advocating things like increased transparency and cooperation among nations in matters of public health. “A healthy society is truly a more secure society,” Zucker said. Zucker’s direct style struck a chord with some in the audience. “I think it was important for him to remind us that despite all the technology and the medical feats we’ve accomplished in the past 50 to 100 years, there are still always going...

Author: By Eric L. Michel, CONTRIBUTING WRITER | Title: IOP Fellow Frank About Bio-Threats | 4/21/2009 | See Source »

...Furthermore, according to Karl Rove, “If [the tea party movement] has a father it is CNBC’s Rick Santelli, who called for holding a tea party in Chicago on July 4.” Yet Santelli was condemning homeowner bailouts—neither direct taxes nor spending...

Author: By The Crimson Staff | Title: Rebels Without a Cause | 4/21/2009 | See Source »

...China has been experimenting with various forms of direct elections at the village level for decades. In the last ten years, the polls have reached almost every one of China's over 600,000 villages. Urban residents have no direct elections, and all other official positions above the village level are indirectly elected in polls over which the ruling Communist Party maintains strict control. Although the village elections are still dismissed by some critics as an attempt by the Party to be able to show direct democracy in action in China without conceding any real power, they have received...

Author: /time Magazine | Title: More and More, Rural China Is Going to the Polls | 4/21/2009 | See Source »

...Mondays through Fridays. Referring to the conceivable connection between the change in hours and the University’s current budgetary concerns, Selsby said, “There is obviously a savings to us there, but I don’t believe [the change in hours] was a direct repercussion of the current economic situation.” The impact of this change on undergraduate User Assistants—FAS IT’s student employees who staff the help desk and the clinic—remain unclear. Selsby denied that the economic crisis has significantly affected student employees, adding...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: FAS IT Cuts Hours, But Not For Budgets | 4/20/2009 | See Source »

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