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...Great Clawback How was AIG able to live so dangerously for so long? In part because for years Washington looked the other way. The company befriended politicians with campaign cash - $9.3 million divided evenly between Democrats and Republicans from 1990 to 2008, the Center for Responsive Politics reported. And it spent more than $70 million to lobby them over the past decade, escaping the kind of regulation that might have prevented the current crisis...

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

...course, it works best when "she" is more like you than not. People may have their own unique preferences, but they also "tend to marry, befriend, work with and live near those who share their preferences and personality traits." So the people we're likely to get "surrogation information" from - our neighbors and friends - are also more likely to share our likes and dislikes. "There is little disagreement among people about the sources of pleasure and pain," the authors write, "and even less disagreement among neighbors...

Author: /time Magazine | Title: How to Predict What You'll Like? Ask a Stranger | 3/19/2009 | See Source »

...than the random output of the computer program that sorted my blocking group. I won the housing lottery, but I just as easily could have lost. Behind a Rawlsian veil of ignorance, I know that I would not want to run the risk of not only being forced to live in the Quad, but also having to eat there...

Author: By Daniel E. Herz-roiphe | Title: Smoot, Hawley, and HUDS | 3/18/2009 | See Source »

Winthrop operates by the motto: "Keep your friends close and your frenemies closer." If you want to get to know your blockmates (and the people through the fire door, and the people those people are sleeping with, etc.), Winthrop is the place to do it. Almost all sophomores live in miniscule doubles, and residents are sometimes forced to squeeze into double bedrooms even during their senior year. But with common rooms in every suite, Winthrop lodging is ideal for forced socialization. Plus, humans bond over trauma, and if murdering a six-inch cockroach in your bedroom isn?...

Author: By Emma M. Lind | Title: The Housing Crisis: Winthrop House | 3/18/2009 | See Source »

...company - owns 79.9% of AIG. He told reporters, "I think the time has come to exercise our ownership rights. We own most of the company. And then say, as owner, 'No, I'm not paying you the bonus. You didn't perform. You didn't live up to this contract.'" (See how financial madness took over Wall Street...

Author: /time Magazine | Title: The AIG Bonuses: Getting Mad and Getting Even | 3/18/2009 | See Source »

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