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...letter to Kurtz four years earlier. El-Erian, who succeeded Meyer and pledged to “rebuild and reinvent” the company, said at the time that the move was not prompted by regulatory requirements, but merely a desire to stay “at the forefront of the industry...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...commercial real estate loans hit 1.8% in March, triple that of a year ago, according to Scott Talbott, a lobbyist for the Financial Roundtable, which represents the largest lenders. "Losses from commercial real estate are the next economic shoe to drop," he said. "This issue has moved to the forefront...

Author: /time Magazine | Title: The Looming Crisis in Commercial Real Estate | 4/22/2009 | See Source »

...than 120,000 seafarers and Indian industry has $250 billion worth of merchandise going back and forth through the Suez Canal every year. The route is also critical to India for its energy security. Though no Indian-flagged vessel has been taken hostage lately, India has been on the forefront in dealing with hostage situations off the Somali coast, particularly after the Hong Kong-registered MT Stolt Valor was hijacked in September of last year along with its crew of 22, including 18 Indians. The wife of the ship's Indian captain, Seema Goyal, waged a high-profile battle with...

Author: /time Magazine | Title: Pirate Hostages: A Few Rescued, but Many Still Languish | 4/16/2009 | See Source »

...aspect of the battle. Enforcing them is another. Activists complain that corruption within the security forces is enabling traffickers to operate with impunity. Many traffickers have "very good ties with the police," says Yanar Mohammed, who heads the Organization of Women's Freedom in Iraq, a group at the forefront of the fight against trafficking. Young women who have attempted to escape from brothels have sometimes been returned by police officers, she says. "It turns out [the cops] were loyal customers." Saad Fath Allah, director of the National Institute of Human Rights and the head of an inter-ministerial anti...

Author: /time Magazine | Title: Will Iraq Crack Down on Sex Trafficking? | 4/13/2009 | See Source »

...When artists are working with the Internet and directly engaging with culture and society as it’s happening, those technologies are reshaping and challenging the world that we live in.”“This is art that’s at the forefront of culture,” she continues. “Not that painting isn’t, per se, but it’s difficult in general to illuminate and speak intelligently about culture as it is happening. Technology allows artists to really do that forward thinking.”With information...

Author: By Denise J. Xu, CRIMSON STAFF WRITER | Title: The Web and Flow of Art | 4/10/2009 | See Source »

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