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...Monoline bond insurance companies, such as MBIA and Ambac Financial Group Inc., have been hit the hardest as they scramble to raise capital to cover possible defaults and to stave off a downgrade from the ratings agencies. It was this group's foray out of its traditional municipal bonds and into mortgage-backed securities that caused the turmoil. A rating downgrade of the monoline companies could be devastating for banks and others who bought insurance protection from them to cover their corporate bond exposure...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

...fact, you can. We’re the casting directors for ‘Beauty and the Geek’—we think you’d be perfect for the show.’” So began Grosslight’s three-month-long foray into the world of reality television. In January, after a series of try-outs, a movie-making challenge, and an enormous pile of paperwork, Grosslight—who does not own a television—was named an alternate for this season of “Beauty and the Geek...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Beauty and the Teaching Fellow | 3/3/2008 | See Source »

Thanks to all these precautions, Bush's foray into the West Bank passed without a hitch. But the real challenge for the presidential phalanx of bodyguards will come when his tour moves on to possibly more dangerous territory - Bahrain, Kuwait, the United Arab Emirates, Saudi Arabia and Egypt - where Bush is even less popular. With reporting by Jamil Hamad/Bethlehem and Aaron J. Klein/Jerusalem

Author: /time Magazine | Title: How to Protect the President in the Mideast | 1/10/2008 | See Source »

...Faust has gradually broadened her academic interest, from focusing almost exclusively on the antebellum South to including the war itself. “This Republic of Suffering” also marks her first significant foray into analysis of the Northern experience...

Author: By Laurence H. M. holland, CRIMSON STAFF WRITER | Title: With New Book Out, Faust Shows Historical Side | 1/9/2008 | See Source »

Sooner or later the politicians were bound to weigh in. On Nov. 7, Stephen Harper announced he was "concerned" about the dollar's "unprecedented" rise, an unusual Prime Ministerial foray on to Bank of Canada turf. Ontario Premier Dalton McGuinty met with the PM the next day, calling for lower interest rates and a federal contribution to a $1.1 billion jobs fund for struggling Ontario manufacturers. (Harper made no promises.) The same day, the Quebec Premier was demanding a loonie summit with all the provincial Premiers. (One is now scheduled for January). Just six weeks after the loonie achieved parity...

Author: /time Magazine | Title: The Loonie Takes Off in Canada | 12/20/2007 | See Source »

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