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...growing number of regulators seem to think some relaxation of the rules may make sense. The top U.S. banking supervisor, Comptroller of the Currency John Dugan, tells TIME he is in favor of letting the banks mark back up the value of some of their toxic assets. "I think there are some changes that ought to be made," Dugan says. Mark-to-market accounting is a problem, he says, for illiquid assets because "those things have just stopped trading altogether." Dugan does not support doing away with mark-to-market entirely; not even industry lobbyists want that. But his deputy...

Author: /time Magazine | Title: Will a Mark-to-Market Fix Save the Banks? | 3/11/2009 | See Source »

...breakneck pace of last night’s game would tend to favor Harvard’s running offense, but instead it led to turnovers and quick, one-and-done possessions...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Dartmouth Crushes Crimson's Shot at Title | 3/10/2009 | See Source »

...heated debate spilled over onto the UC general e-mail list just hours after Undergraduate Council President Andrea R. Flores ’10 cast the tie-breaking vote in favor of a contentious legislation to allocate $200 towards publicity for a for-profit student business, “Get Out of Cambridge...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: Publicity Funds Cause Row on UC | 3/10/2009 | See Source »

...unanimous vote in favor of the legislation to endorse and publicize the enterprise is in keeping with a similar arrangement that the council had with CrimsonReading.org, a site devoted to helping undergraduates find cheaper, used textbooks. Although, when Crimson Reading was created in 2006 it was a non-profit site and the site’s profits were donated to a charity in Zambia...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: Publicity Funds Cause Row on UC | 3/10/2009 | See Source »

...Many ordinary Afghans who loathe the Taliban favor negotiations in the hopes of reversing the deteriorating security situation. "We've had 30 years of war, and fighting has not provided the solution, so now we have to try negotiations," says Ahmedzai, an employee at an international-development agency. But that's an option born of despair. "We hate the Taliban, but we also hate the suicide bombings," says 18-year-old student Hekmatullah Hekmat. "In order to have a peaceful, stable Afghanistan, we must negotiate." But Hekmat adds that if the price of peace is a return to the social...

Author: /time Magazine | Title: Talking with the Taliban: Obama Draws Skepticism | 3/10/2009 | See Source »

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