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...America, said the resolution authority could be based on the way the Federal Deposit Insurance Corp. closes down smaller banks, which involves auctioning off troubled institutions to stronger competitors, often with a government guarantee for risky assets. Also questioned by the panel was Morgan Stanley's chairman, John Mack. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

...robbing us all of our retirement savings: Wall Street CEOs. On Wednesday, four top financial executives are scheduled to testify in front of the commission, including Bank of America's recently appointed chief Brian Moynihan, Goldman Sachs' Lloyd Blankfein, JPMorgan's Jamie Dimon and Morgan Stanley's John Mack...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...Weiss observed on the mat in Saturday’s contest against the Pride will prove crucial for the Crimson as the dual season unfolds, given the number of sidelined grapplers. Harvard bounced back from its loss to Rutgers by winning four of the eight bouts contested at the Mack Sports Complex, but with heavyweight Spencer DeSena out due to a skin infection, the Crimson forfeited the final matchup and settled...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Grapplers Split First Dual Competitions | 1/10/2010 | See Source »

...Ares rocket as a best invention? It is an example of brute force over finesse. Comparing it to the Saturn V is like comparing a Mack truck to a Ferrari. NASA should have been improving on a Saturn-class vehicle instead of stacking existing bricks together. My 50 years in the rocket business tells me Ares will soon be forgotten. Edward F. McKenna Norwood, Mass...

Author: /time Magazine | Title: Inbox | 12/21/2009 | See Source »

...within hours, Mack Anthony, commander of a MEND faction now opposed to Okah, condemned the attack. "We want to state categorically that the attack was carried out by enemies of the Niger Delta," said Anthony. "We are aware that the negotiation process is slow. [But] we are in an era of peace and MEND's top leaders shall not ... do anything that will derail the existing peace...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

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