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...state's contribution, however, would require an endowment on the order of $16 billion, a nearly impossible task even in flush times. (Just a few years ago, the school's endowment was around $7.5 billion, but it has taken a significant hit with the fall of the stock market.) Which means that in order to survive, the university may have to make dramatic changes that could threaten its character. (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: Cash-Strapped State Schools Being Forced to Privatize | 4/23/2009 | See Source »

...considering a plan to back new securitized commercial-property loans for five years, which could help enliven the market and create new opportunities for refinancing. But real estate executives are pressing for more direct government rewards to lenders, like an extra point on the refinancing or a bump in interest rates, to encourage them to continue loans as they mature. "Let's provide a way for [the banks] to roll over those loans, not just say that no one wants to refinance them," said Blaine Walker, a commercial real estate broker in Utah...

Author: /time Magazine | Title: The Looming Crisis in Commercial Real Estate | 4/22/2009 | See Source »

...another for Freddie Mac - a private company that, with sister-agency Fannie Mae, holds or guarantees more than half of all U.S. residential mortgages and finances some 70% of new-home loans, and which the Obama Administration counts on as a cornerstone in its plans to revive the housing market...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

...There are some business owners who really do care about the environment, but there are plenty of the others who see it as an opportunity to market themselves,” said Penn, adding that he did not disapprove of businesses selling themselves as green...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Local Stores Celebrate Earth Day | 4/22/2009 | See Source »

...International Chamber of Commerce, the Strait of Malacca suffered 38 actual or attempted pirate attacks in 2004, the second highest total in the world after Indonesia. "We don't stand a chance" against the pirates, an Indonesian naval officer conceded at the time. In 2005, the London insurance market added the strait to its list of areas at risk of war. (See pictures of a pirate-hostage rescue in Africa...

Author: /time Magazine | Title: How to Defeat Pirates: Success in the Strait | 4/22/2009 | See Source »

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