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...roots. One notion is to let cities use NSP money to leverage lenders into helping more borrowers avoid foreclosure. Since lender banks naturally want foreclosed properties taken off their hands in the NSP buyout - and since reckless and even predatory lending was so often at play in the subprime mess - perhaps they in return ought to be required to show some level of commitment to homeowner relief, such as revising interest rates and other mortgage terms. This month, in advance of the Dec. 1 deadline cities face for submitting plans for their NSP funds, Miami Gardens councilman Andre Williams sent...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...That's the kind of foreclosure-prevention relief that cities like Miami Gardens thought last summer's federal legislation was going to facilitate but didn't. Which leaves communities to depend on little more than good corporate citizenship from many of the same companies that helped create the housing mess in the first place...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...house the second annual Project East fashion show, hypothetically keeping attendees safe from the New England elements. Yet bad news arrives on Saturday night when the National Weather Service announces a flood watch for Cambridge. By the time doors open for the show the lawn is becoming a muddy mess. The tent can’t prevent the water from soaking the ground, and audience members find themselves walking through mire that sucks their shoes down. Kristin S. Kim ’09, one of the founding directors of Project East, recalls that they have seen worse when it comes...

Author: By Hyung W. Kim, CRIMSON STAFF WRITER | Title: The Cantab Wears Prada | 11/19/2008 | See Source »

Situated on Manhattan's ultra-hip Lower East Side, the school is not actually blue, although evidence of its genesis is everywhere. As in the show, there are long tubes that snake around the corridors, through which children can talk to one another. Pupils are encouraged to mess with shaving cream. There's a spectacular water table, with balls and hoses and a Medusa's head of tubes. Every school day includes half an hour of "glow time," in which the shades are pulled, the black lights go on, and heretofore inconspicuous paintings and sculptures come to life. And there...

Author: /time Magazine | Title: At the Blue Man Group's School, Kids Rule | 11/13/2008 | See Source »

Bless-this-mess chefs looking to make something more exotic than green-bean casserole this holiday season are in luck. Fall brings a trio of cookbooks from world-renowned molecular gastronomists whose kitchens look a bit like chemistry labs, with all those centrifuges and tanks of liquid nitrogen used to make carrot foam and whiskey jellies. This hyper-whimsical style of cooking has caught on at many a celebrated restaurant, but are these books--whose recipes call for ingredients like calcium lactate--even remotely useful for home cooks...

Author: /time Magazine | Title: Home Cooks, Meet Molecular Gastronomy | 11/13/2008 | See Source »

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