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...After you recovered these soldiers, what happened next? We would place the remains in a transfer case, which is sort of like a metal casket, and would drape the flag over it. Then we would load them onto the aircraft for transport. And when we would load them on, we did a little ceremony. The flight crew would be involved, standing in formation on either side of the bay doors, and we would do a little march from our vehicle to the plane and would situate the transfer case into the plane. There's a flag hanging overhead...

Author: /time Magazine | Title: Cleaning Up Death at War — and at Home | 3/24/2009 | See Source »

Last July, the Securities and Exchange Commission (SEC) put out a report detailing how the major credit-ratings agencies abetted the subprime-mortgage meltdown. By wildly overestimating the quality of the dicey securities that Wall Street was churning out, the ratings firms helped investors load up on those securities - the same ones that are now, in many cases, near-worthless and clogging up the financial system. Plenty of people at the ratings agencies were aware of trouble brewing. In December 2006, a manager at Standard & Poor's e-mailed a colleague: "Let's hope we are all retired and wealthy...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...official PfoHo move-in, a second move-in commenced. Armed with a single Harvard Mail Service dolly, two of my adoptive Dunster “blockmates” and I rolled my six-foot-long black pleather Chesterfield-esque foldout couch to my new home. With such a wide load, we literally took to the streets, navigating Brattle and Mt. Auburn Streets amidst honking cars and gaping pedestrians. I loved being a spectacle, pushing this symbol of permanence to my friends’ digs. This sofa would be my bed for the next nine months. The move-in continued gradually...

Author: By D. PATRICK Knoth, CRIMSON STAFF WRITER | Title: Suck It, Housing Lottery | 3/18/2009 | See Source »

Meanwhile, the mountainous terrain and high altitudes of Afghanistan have led the Army to increasingly emphasize rapid delivery of anything that can lighten a soldier's load. As a result, the U.S. Army Infantry Center at Fort Benning, Ga., is experimenting with a 4,000-lb, six-wheeled semiautonomous, supply-carrying robot vehicle called the Squad Mission Support System (SMSS), which will likely head to the mountains of Afghanistan for testing sometime next year...

Author: /time Magazine | Title: Army Robots: Will Humans Still Be in Control? | 3/15/2009 | See Source »

...obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter. A change to that rule could drain some of the banks' red ink and possibly make it easier for them to off-load the toxic assets. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Will a Mark-to-Market Fix Save the Banks? | 3/11/2009 | See Source »

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