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...management has been able to deliver results. Now there is also what we'll call a "beta trade" in banks - these are the lower-quality banks that have been beaten up the worst, the ones people have more fundamental questions about, whether they will be broken up or will fail. Everything is rallying at the moment, but we would much rather be in the former group, the long-term plays in leadership banks. I'm talking about such companies as Goldman Sachs, JPMorgan Chase, Visa, US Bancorp and Wells Fargo...

Author: /time Magazine | Title: Stock Market: Why Are Financial Stocks Rallying? | 5/19/2009 | See Source »

...expected to drop the hint that Israel will take out Iran's nuclear installations by itself, regardless of the shock waves that would send through the world. A poll by Bar-Ilan University showed that 66% of Israelis support a military strike against Iran if all other efforts fail. Netanyahu himself draws parallels between the Holocaust and the specter of an Iranian bomb aimed at Tel Aviv...

Author: /time Magazine | Title: Israel's Netanyahu: Taking a Turn Toward Pragmatism? | 5/18/2009 | See Source »

Even if the controversial budget measures pass, state officials say California must still trim $15.4 billion from its budget. If the propositions fail, as the polls portend, Schwarzenegger says the necessary cuts climb to more than $21 billion. (His proposals do not include tax increases. The governor and legislators already filled a $40 billion budget hole in February in part with $12.8 billion in temporary tax hikes...

Author: /time Magazine | Title: Voters Unlikely to Help Calif. Avert Budget Crisis | 5/18/2009 | See Source »

...without fail, it began once again—the flurry of e-mails hit the Eliot House list. With the famed Fete only days away, Eliot students of all classes, from rising sophomores through soon-to-be-graduating seniors, began posting their formal tickets for sale, along with desired prices. While the occasional solicitor lamented his or her inability to make the end-of-year ball, munificently allowing some layman the chance to enter the white tent in his or her place, more and more of the e-mails appeared to be planned and timed in advance. Deadlines of when...

Author: By Marcel E. Moran | Title: House Life (Or Best Offer) | 5/17/2009 | See Source »

...counterproductive at worst. What’s more, abstinence-only programs tend to spread misinformation and sexist stereotypes. According to a report prepared by the House Committee on Government Reform, abstinence-only curricula have claimed that HIV can be spread through tears, that abortion causes sterility, and that condoms fail to stop HIV transmission in 31 percent of cases. None of these claims, of course, is true. The report goes on to mention multiple instances of sexist content in abstinence-only programs, including one class that told students, “Women gauge their happiness and judge their success...

Author: By The Crimson Staff | Title: Abstaining from Ignorance | 5/14/2009 | See Source »

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