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Once some banks do sell, though, it could force a widespread, and revealing, revaluation of similar assets on every bank's books. The banks have been asking regulators and accountants for, and getting, relief from having to mark some of their assets to market prices because the markets for many debt securities are so clearly broken. But the prices prevailing in a smoothly functioning government-subsidized market will be hard to ignore. This has led to speculation in the economics blogosphere that banks might game the program by conniving with investors to overbid for assets. That's not inconceivable...

Author: /time Magazine | Title: Separating Toxic Assets from Legacy Assets | 3/26/2009 | See Source »

...foam-core-mounted map of Montana, and on the way to the new digs, Tester takes me down to the basement, where he worked in windowless offices for his first three months, holding staff meetings in the cafeteria, waiting for the office-shifting process to progress through the Senate. Mark Udall is now in Tester's old space, waiting. "It's just survival," says Udall's communications director, Tara Trujillo. "We've seen mice. The cockroaches do not survive here." Tester laughs the deep laugh of a guy who no longer has to work near dead cockroaches...

Author: /time Magazine | Title: Moving On Up: The Senate Shifts Offices | 3/26/2009 | See Source »

Longtime ADHD researcher Mark Rapport supervised the study, which is set to be published in the Journal of Abnormal Child Psychology. Rapport, a professor at the University of Central Florida (UCF) in Orlando, notes that our activity level - how much we move around in everyday situations - is one of the most fixed parts of our personalities. If you are a fidgety kid, you will be a fidgety adult, even if you learn to manage your movements with caffeine, stress-reduction, a personal trainer or other adult accoutrements...

Author: /time Magazine | Title: Kids with ADHD May Learn Better by Fidgeting | 3/25/2009 | See Source »

...Mark J. Schlesinger, a professor of health policy at the Yale School of Public Health, said that while he lauded both the project and the appointment, he was skeptical as to whether the project could be completed by the expected date, as Europeans have been working toward this goal for decades but have not yet reached...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Blumenthal To Oversee Medical Records Digitization Project | 3/25/2009 | See Source »

Apartheid may have collapsed 15 years ago, but the forced evictions of blacks and mixed-race people from the city center during the 1960s left its mark as much in music as in everything else. Even now, musicians living on the Cape Flats, the massive expanse of gritty slums and working-class townships to which nonwhite Capetonians were removed, find themselves isolated from the city and from each other. "What we're doing through music and culture is trying to contribute to our urban regeneration," says Coffeebeans Routes co-founder Iain Harris...

Author: /time Magazine | Title: Cape Town's Jazz Crusaders | 3/25/2009 | See Source »

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