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...protection. But if just 15% of BofA's $1 billion imaginary bond portfolio, which are real bonds just not necessarily owned by BofA, goes bad, then 100% of the investment in Strata is toast. Because of that, Moody's rated the bond the equivalent of BBB-, which is the lowest investment grade rating the firm...

Author: /time Magazine | Title: For Geithner's "Bad Bank": A Toxic Financial Mutant | 2/9/2009 | See Source »

...They did a tremendous job of being physical and strong around the rim,” said Harvard coach Tommy Amaker. “That was the Achilles’ heel for us this evening.” OFFENSIVE EXPLOSION Yale entered Friday as the second lowest scoring team in the Ivy League at 61.4 points-per-game. In fact, the previous weekend Yale managed to score only 42 points against Columbia and a paltry 36 points against Cornell. Against Harvard, the Bulldogs scored more points than it had in its past two games combined. “I thought...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: NOTEBOOK: Bulldogs Big Men Frustrate Crimson | 2/9/2009 | See Source »

...offensive efficiency,” Amaker said. Prior to its amped-up play in the second period, though, things looked bleak for the men’s squad. Harvard was 7-23 from inside the arch in the first and coughed the ball up nine times to the second lowest-ranked scoring defense in the Ivies. A lack of communication was evident in several misdirected passes and quick, failed possessions.SENIOR SURVEYAt the helm of the team’s second half comeback were three seniors: senior captain Andrew Pusar, Housman and Harris.Harris dropped a monster block in the final...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: NOTEBOOK: Crimson Amped by Second-Half Push | 2/9/2009 | See Source »

...sees the incident as just one example of increasing intolerance, especially after the passage of Proposition 8 in Calif. “We’re a membership of mostly immigrants, mostly women, mostly people of color, and as upper management likes to say, ‘the lowest on the totem pole,’” Childs said. “If they can beat up on us, it leaves the door open to beat up on anybody.” —Staff writer Danielle J. Kolin can be reached at dkolin@fas.harvard.edu...

Author: By Danielle J. Kolin, CRIMSON STAFF WRITER | Title: BGLTSA, Union Join to Support Staff | 2/6/2009 | See Source »

...Back in 1999, Burma's top brass unveiled a 15-year plan to completely eliminate opium cultivation. For a few years, production, as measured in part by U.N. helicopter forays over Burma, did indeed decline. But the U.N. now reports that poppy land has increased by 33% since the lowest levels recorded in 2006. Last year was the second consecutive year of growth, and the trend shows how unlikely it is that the junta will make good on its goal of completely wiping out poppies by 2014. (The alarming statistics didn't stopped Myanmar T.V., however, from claiming earlier this...

Author: /time Magazine | Title: Burma's Opium Production Back on Rise | 2/4/2009 | See Source »

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