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...prevent further deterioration of the financial sector. The $700 billion bailout is an appropriate short-term tactic and should stabilize the U.S. economy, buying time to address root problems. The credit market freeze stems from banks that are unwilling or unable to lend out capital for any significant length of time. Surviving banks are, quite appropriately, concerned that their damaged assets, composed largely of mortgage-backed securities, may rapidly decline in price, leaving banks with a need for immediate capital. By purchasing a portion of these depressed assets from troubled banks, the Treasury will alleviate some of this market congestion...

Author: By The Crimson Staff | Title: Secure Our Securities | 9/28/2008 | See Source »

...Anna, Lee and McBride have laid on so many miracles, the moviegoer runs out of patience. The film goes for broke and in the process breaks. It's too much and not enough. One could find a perfectly good movie, of normal length, by watching St. Anna on DVD and skipping the awful chapters to focus on the terrific ones...

Author: /time Magazine | Title: Spike Lee Goes to War with Miracle at St. Anna | 9/25/2008 | See Source »

...playlists (with as many as 100 songs on each) that you can listen to on the site or share with your buddies. Say, for instance, you're hankering for some Coldplay. Create a playlist, drag and drop all four albums, and you're good to go. The full-length songs stream at something less than CD quality (128 kilobits per sec.), but it's good enough on a computer...

Author: /time Magazine | Title: MySpace Launches a Free-Music Revolution | 9/24/2008 | See Source »

...Schroeder writes at length about the women who would later fill the void and care for Buffett. Primary among them was his wife of 52 years, Susie. During their early years together, settled into family life with their three children in Omaha, Neb., Buffett worked voraciously; Susie "knew that the main thing he needed was to feel loved and never criticized." In public, people noticed how affectionate the two were - Warren liked to hold Susie in his lap - but in private, his wife kept hoping that once they had enough money (between $8 million and $10 million, she figured), Buffett...

Author: /time Magazine | Title: Warren Buffett Tells All: The Women in His Life | 9/23/2008 | See Source »

...before. As a result, the audience is left with a mild sense of shock, rather than horror, when the body count reaches a staggering climax. Stylistically, “Burn After Reading” adheres to the Coens’ aesthetic of long, panning shots that span the length of entire scenes. But “Burn After Reading,” which takes place in and around Washington, D.C., forces the brothers to deal more with interior spaces like homes, offices, and gyms. Gone are the striking rural panoramas from “Fargo?...

Author: By Claire J. Saffitz, CRIMSON STAFF WRITER | Title: Burn After Reading | 9/19/2008 | See Source »

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