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There is always hope for more bad news and battles between the government and large banks that would bring the issues back to the front pages of the press. The losses from credit cards, commercial real estate, corporate loans, and derivatives may be substantially greater than the government could have ever imagined. Banks could face hundreds of billions of dollars in additional write-offs. The government and bankers did not see the crisis that is just passing coming. They almost certainly won't see the next...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

Federal Reserve chairman Ben Bernanke, speaking via satellite to a bank conference sponsored by the Chicago Federal Reserve Bank, said on Thursday morning that the stress tests "will allow, I hope, for greater confidence in the banks." But even though the stress tests are over, the banks and their investors are not out of the woods...

Author: /time Magazine | Title: The Bank Stress Tests: A $75 Billion Mid-Term Exam | 5/7/2009 | See Source »

...since. THINKING OUTSIDE THE BOXThough the Outing Club has many enthusiastic, nature-loving members, “there isn’t a lot of presence for people who aren’t sure if they’re interested in the outdoors,” Hersher says. She hopes to expand membership to less forest-friendly students during her tenure as president. Mette S. Andersen ’11, the club’s treasurer, agrees. “We hope to get more people involved. It’s really a great resource for students...

Author: By Kate A Borowitz, CRIMSON STAFF WRITER | Title: Oh, the Places You'll Go! | 5/7/2009 | See Source »

...something I’ll carry with me all my life, is how to put a positive, life-affirming twist on this maxim of “all in the game” and live by that motto. As we close out this school year, it is my humble hope that this knowledge will be enriching for your life as well. Here’s an added bonus: inserting the phrase, “yo it’s all in the game” into your conversations, accompanied by a ruggedly philosophical facial expression and an easy shrug...

Author: By H. max Huber, CRIMSON STAFF WRITER | Title: Taking It to the House: A Fond Farewell | 5/7/2009 | See Source »

...same kind of language Obama used in defeating John McCain in the general election last November. Indeed, the Obama administration continues to deploy many of the campaign tactics it used in the run-up to the election, even now that it has taken power. Behind the facade of hope and change lies a cynical attitude of vote-getting and shallow ideological persuasion that only hurts Obama’s chances at truly reaching the American public...

Author: By Peter M. Bozzo | Title: The Permanent Campaign | 5/7/2009 | See Source »

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