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...more regulations, please. That was the message from top executives at four of the nation's largest financial firms on Wednesday, spoken to a commission set up by an act of Congress to investigate the causes of last year's credit crunch. But more than a year after poor lending standards, unregulated products and bonus bonanzas helped spark the worst recession since the Great Depression, many say that reining in Wall Street is the only way to prevent another financial crisis. (Read "Hearings to Begin on Causes of Financial Crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

...event to expect is a visit from the club’s Grandmaster Keun Ha Kim, who will be traveling all the way from Canada to Cambridge in order to test Harvard's black belts. The Grandmaster, who last visited three or four years ago, only makes an appearance for special occasions, said Xie. (Cool fact: taekwondo Olympic silver medalist Mark Lopez, another special guest, helped jumpstart the celebrations last semester by coming to Harvard to run a training seminar...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Kicking Ass and Taking Names for Ten Years | 1/14/2010 | See Source »

...extreme act of political violence, six candidates running for posts in other local governments have already been murdered since Jan. 1, according to press reports. In a Tuesday night police raid to uncover the weapons cache of a private armed group in Cavite province on the island of Luzon, four police officers were wounded when a suspect detonated a grenade, killing himself instantly...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

...will discuss with the government how it will go about running an uncensored search engine in China. "We recognize that this may well mean having to shut down Google.cn, and potentially our offices in China," wrote Drummond, the Google executive, on the Google blog. Given the company's tempestuous four years in China, the odds the authorities will now compromise are slim...

Author: /time Magazine | Title: Google Ends Policy of Self-Censorship in China | 1/13/2010 | See Source »

...weeks and offered considerable scope for cheating. "We may be able to modernize the way we vote ... but can we really claim progress if some of us still resort to the Stone Age practice of just bludgeoning opponents," presidential candidate Manuel Villar told reporters. Over the past three weeks, four candidates from the Nacionalista Party, which Villar heads, have been gunned down by hitmen...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

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