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...fears that increased regulation following the credit crisis would dramatically curtail the profits of these lenders is receding. A deal struck in the Senate would reportedly dramatically weaken a proposal meant to crack down on so-called payday lenders and other specialty finance firms that cater to people with lower credit scores. (See "Is There Too Much Worry About the Debt...

Author: /time Magazine | Title: The Subprime-Lending Business Survives, Even Thrives | 3/11/2010 | See Source »

...Financial, First Cash Financial and World Acceptance, have risen sharply this year. World, one of the biggest, has seen its stock price rise to a recent $41 from $15 a year ago. World makes much of its money refinancing its existing customers into new loans with longer terms and lower monthly payments. But last year, it also increased lending. At the end of 2009, World had $839 million in outstanding loans, which average about $800 each. That was up from $736 million in loans a year before. (See "How Will the Credit Card Act Affect...

Author: /time Magazine | Title: The Subprime-Lending Business Survives, Even Thrives | 3/11/2010 | See Source »

...have wanted to pay the cost of searching for oil or gas in the region, or risk drilling wells in volatile countries such as Uganda, Mozambique or Somalia. But better technology, lower risk in some of the countries and higher oil prices in recent years have changed the equation. Wildcatters and majors such as Italy's Eni, Petronas of Malaysia and China National Offshore Oil Corporation (CNOOC) have all moved on East Africa in the past few years...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...quite-sure-what-this-is-but-it’s-probably-chicken taste, Pfoho boasts some of the (comparatively) most delectable food on campus due to simply having fewer mouths to feed. Pfoho's bright linoleum palace is home to the only two-tiered dining hall on campus. The lower level is more social, and tables are often combined for a large group dining experience, while the quieter upper level is perfect for homework, intimate conversation, and avoiding people—a sometimes impossible task in the community-oriented Pfoho. The hilariously awkward Lover's Balcony protrudes over the rest...

Author: By Sara Joe Wolansky, CRIMSON STAFF WRITER | Title: The Housing Market Reviews: Pforzheimer House | 3/10/2010 | See Source »

...Talks with Graham have been complicated. Initially, the idea was that in exchange for the White House's abandoning civilian trials for the 9/11 conspirators, Graham would deliver support for civilian trials for lower-level terrorists and for closing the Guantánamo Bay detention facility. But progress has been slow. "We don't anticipate a decision for weeks," says White House spokesman Ben LaBolt. (See pictures of Guantánamo inmates...

Author: /time Magazine | Title: Can Lindsay Graham Broker a Deal on 9/11 Trials? | 3/9/2010 | See Source »

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