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...This tension over pricing helps explain the leaked stories on Wednesday announcing that Treasury Secretary Timothy Geithner will make public the results of the banks' "stress tests" next month. The tests started out in March as a gauge of banks' ability to handle a worst-case economic downturn; now they've become a weapon for Obama and Geithner to force the banks to clean up their acts, officials say. "It gives [Obama and Geithner] leverage to make large institutions do things they otherwise wouldn't do," says a senior government official involved in the tests...

Author: /time Magazine | Title: Banks Balk at Selling Toxic Assets | 4/16/2009 | See Source »

...English is probably something like being gay in the Army,” Bennett says. “Half your colleagues are titillated by the same thing as you. But it doesn’t mean they want you to talk about it.” That might explain the fact that while there are many writers among Cambridge’s literati, Bennett feels the writing scene can be surprisingly hush-hush.According to Bennett, the relative silence of the writing community stems from a combination of individual pride and the English Department’s notoriously critical approach. Bennett perceives...

Author: By Maria Y. Xia, CRIMSON STAFF WRITER | Title: Do the Write Thing | 4/16/2009 | See Source »

...different elevations by comparing them to similar reefs in the Bahamas, and determined that the seas might have risen by 6.5 to 10 ft. (2 to 3 m) over the course of 50 to 100 years - far faster than scientists had assumed. Only rapidly melting ice sheets could explain sea-level rise occurring that swiftly, which would indicate that the ice locked away in Greenland and Antarctica today might not be as safe as we had thought...

Author: /time Magazine | Title: Coral Fossils Reveal Sea Levels Rising Fast | 4/15/2009 | See Source »

...That might explain the fact that while there are many writers among Cambridge’s literati, Bennett feels the writing scene can be surprisingly hush-hush...

Author: By Maria Y. Xia, CRIMSON STAFF WRITER | Title: Do the Write Thing | 4/15/2009 | See Source »

...Public gaffes like that one may explain the anti-Catholic backlash driving similar movements elsewhere in the world. In October last year, Italy's Union of Rationalist Atheist and Agnostics sponsored the country's first-ever "De-baptism Day," when the no-longer faithful attended protests and passed out de-baptism forms to areligious people who didn't have internet connections to download them. More recently, on March 2, atheists and feminists in Argentina teamed up to launch the "Not in my Name" Internet campaign which encourages Roman Catholics to notify their local bishops of their desire to officially leave...

Author: /time Magazine | Title: De-Baptism Gains a Following in Britain | 4/14/2009 | See Source »

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