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German Chancellor Angela Merkel and her Finance Minister, Peer Steinbrück, have spent months saying they will never let irresponsible German banks off the hook by taking their toxic assets and putting them into some sort of government-backed bad bank...

Author: /time Magazine | Title: Why Berlin Says U.S. 'Bad Bank' Plan Is Bad | 3/30/2009 | See Source »

...over a $1 trillion in potential lending already, though only $9 billion in deals have been done so far. Geithner did not provide details of the terms of the loans or their size or duration, but the government said that investors would not be on the hook for those loans if the assets proved worthless. (See the worst business deals...

Author: /time Magazine | Title: Geithner's Toxic-Asset Plan: Wall Street Finally Cheers | 3/23/2009 | See Source »

...many of the same banks, which were also customers of the securities-lending operation run out of AIG's insurance division. In this case, AIG managed to take a business specifically designed to be low risk, low return and amp it into another dicey venture - with taxpayers on the hook...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...taught, and very few parents actually spend time on this kind of thing...and yet it’s probably one of the most if not the most important aspects of life—connecting meaningfully to other human beings. 3. FM: What do you think of the college hook-up culture?AB: It’s important to do something and practice something in order to get better at it, and dating is no different. So you have to figure out what your preferences are, you have to figure out what the things are to say and what...

Author: By Gulus Emre, CONTRIBUTING WRITER | Title: 15 Questions with Alex Benzer ’93 | 3/18/2009 | See Source »

...heard one of the Brahmins say to the others as he moved on to a different Facebook profile. “Wait go back, Stefan. Look at her profile pictures,” another pleaded. “So do you think she’d still hook up with you after last weekend,” yet another chimed in with a British accent to an uproarious laughter from the group. “Do you fellas think we should get going?” Carmichaels said to no response. “We should get going on this...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: Bystander: Climbing the Housing Ladder | 3/18/2009 | See Source »

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