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...should they lower the principal on "good" mortgages? Why not just on those that are most likely to be foreclosed on? Thanks to the way the debts have been bundled and then cut into tranches, the good have been rolled together with the bad, and specialized renegotiation is easier said than done. That is why banks have not already renegotiated loans on a large scale. But with the government's pressure, lowering the remaining principal on every mortgage could easily become a reality...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

Even doctors who aren't familiar with Kristeller's script are finding it easier to combine spiritual care and medical care. HealthCare Chaplaincy is an organization of Christian, Jewish, Muslim and Zen Buddhist board-certified chaplains affiliated with more than a dozen hospitals and clinics in the New York City area. The group routinely provides pastoral care to patients as part of the total package of treatment. The chaplains, like doctors, have a caseload of patients they visit on their rounds, taking what amounts to a spiritual history and either offering counseling on their own or referring patients to others...

Author: /time Magazine | Title: The Biology of Belief | 2/12/2009 | See Source »

...China find ways to jointly profit from the development of low-carbon economies? Currencies, Tibet, human rights, Taiwan and other important questions should not be forgotten. But a new united front to address climate issues would help bolster the larger edifice of Sino-U.S. relations, making it easier to deal with these other contentious issues...

Author: /time Magazine | Title: A Fresh Start | 2/12/2009 | See Source »

...Look who’s on a tough three-game skid and sitting near the bottom of the Ivies? Your Penn Quakers! And you know what, it will not be getting any easier for sophomore Tyler Bernardini and company. Brown has two players—junior Matt Mullery and sophomore Peter Sullivan—who work a lethal one-two combination for the Bears. I think the squad can get a game this season—just not this...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Ancient Eight in State of Disarray | 2/12/2009 | See Source »

...Knesset. But Netanyahu had been expecting a big victory; his support had plummeted in the last days. Finally, there was Tzipi Livni, whose moderate Kadima party won one more seat than Likud ... but didn't really win either, because Netanyahu was right: he would probably have an easier path to building a parliamentary majority than Livni would...

Author: /time Magazine | Title: How Israel's Anger Issues Hurt Us All | 2/12/2009 | See Source »

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