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...benefits to the banks that sell. That's not a safe assumption. We don't yet know what private investors will be willing to pay for those once-thought-to-be-valuable legacies. With the government stimulating demand, the toxic assets will presumably go for more than the fire-sale prices currently prevailing. But with profit-hungry private investors doing the bidding, the selling prices will presumably be lower than what the banks are currently valuing the assets at. (See the best business deals...

Author: /time Magazine | Title: Separating Toxic Assets from Legacy Assets | 3/26/2009 | See Source »

...less a gang rumble. As Maria, the virginal Puerto Rican girl he falls for, newcomer Josefina Scaglione has a lovely voice and good energy but seems to be acting by the numbers. (Karen Olivo, as her friend Anita, is the only one in the cast who shows some real fire...

Author: /time Magazine | Title: Is West Side Story Overrated? | 3/25/2009 | See Source »

Though the digitization project has come under fire for its cost and possible privacy breeches, colleagues and interest groups applauded Blumenthal’s selection...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Blumenthal To Oversee Medical Records Digitization Project | 3/25/2009 | See Source »

...likes of Pakistan. Nevertheless, says Bailey, "the general feeling is that the Vandals are at the gate, and we've got to repress them. It's reached a level of moral panic, and it's an issue where the Republicans feel they can hold the Democrats' feet to the fire...

Author: /time Magazine | Title: Obama's Other War: Fighting Mexico's Drug Lords | 3/25/2009 | See Source »

...Gyurcsany's departure closes the book on an administration troubled from the day it was elected in April 2006. Just a few months after that poll, anti-government protesters in Budapest attacked the Hungarian state TV building, clashed with police, and set fire to vehicles during several nights of violent riots. The riots were sparked by the government's unpopular reform program, which aimed to tackle everything from healthcare and pensions to the size of the state bureaucracy. (See pictures of riots...

Author: /time Magazine | Title: Is Hungary the Financial Crisis' Next Iceland? | 3/24/2009 | See Source »

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