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...Swedish example offers one way to minimize such "moral hazard" and potentially recoup some of the funds taxpayers are being asked to spend to help get the credit markets rolling again. The idea, says Lundgren, is not to just give money, but "to get some ownership (in return), and eventually be able to get some revenue back." By taking a stake in its enfeebled banks, Sweden was able to minimize the taxpayers' burden in the long...

Author: /time Magazine | Title: Sweden's Model Approach to Financial Disaster | 9/24/2008 | See Source »

...Paulson's current plan exacts no such a price from the financial institutions it proposes to bail out; the idea has not been publicly discussed by either the Congress of the Bush Administration. But it ought not be considered ideologically beyond the pale, since the U.S. government did get equity stakes when it bailed out mortgage giants Fannie Mae and Freddie Mac, as it did last week for AIG, the world's largest insurance company...

Author: /time Magazine | Title: Sweden's Model Approach to Financial Disaster | 9/24/2008 | See Source »

...pub’s popular series begun last year that highlights a different craft brewer each month. Each session is given a theme, and last night Cadoux touched upon how he first incorporated organic products in his business. While in his dorm room in 1998, Cadoux developed the idea to brew beer himself after purchasing some brewing equipment. “I was always passionate about food,” he told the audience, “and I started to realize all the organic food was way tastier.” Cadoux found farmers who grew organic barley...

Author: By Emma R. Carron, CONTRIBUTING WRITER | Title: At Pub, Beer School is Back | 9/24/2008 | See Source »

...applied for a creative writing Master’s at the University of Cape Town. 10. FM: Your novel, “Blood Kin,” describes a corrupt political regime through the eyes of multiple narrators. Where did this story come from? CD: I had a film idea to do a portrait of the South African president, Thabo Mbeki. He’s quite an enigmatic political figure, he’s seen as quite distant from the population, and I thought I might be distinct by doing portraits of three men who worked close...

Author: By Kirsten E.M. Slungaard, CRIMSON STAFF WRITER | Title: 15 Questions with Ceridwen Dovey | 9/24/2008 | See Source »

...laws as a way to spread equality among citizens. She also promoted government regulation of the economy when it can help provide a more equal playing field. “It’s an honor to have such an intelligent president with such a clear idea of democracy that economics is not everything and people are important,” said Kenzo J. Asahi, a native of Chile and a second-year masters student in public administration at the Kennedy School, who attended the lotteried event. A former surgeon, pediatrician, and epidemiologist, Bachelet served as Chile?...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Chilean Leader Focuses On Democracy | 9/24/2008 | See Source »

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