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...Proprietary trading played a big role in manufacturing the CDOs and other instruments that were at the heart of the financial crisis," says Michael Madden, a managing director of the investment firm BlackEagle Partners and a former Lehman executive. "If firms weren't able to buy up the parts of these deals that wouldn't sell ... the game would have stopped a lot sooner...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

...announcement came a day after Faculty of Arts and Sciences Dean Michael D. Smith updated the Faculty with a more positive financial outlook—FAS had exceeded its expectations and cut its own deficit from $110 million in September down to $80 million...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Yale Announces New Wave of Budget Cuts | 2/5/2010 | See Source »

Politicians must listen closely to their constituents in order to fix American politics, Republican National Committee Chairman Michael S. Steele said in a speech at the Institute of Politics yesterday...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Steele Stresses Honest Politics | 2/4/2010 | See Source »

Despite the apparent progress of the interrogation, the unavailability of HIG has inspired fresh rounds of criticism from national security hawks. "Why wasn't his group brought in once this terrorist was taken into custody?" McConnell declared on the Senate floor. Former CIA Director Michael Hayden wrote in an op-ed last Sunday that while the Administration was still unprepared to question terrorists, interrogations of CIA personnel over Bush-era abuses are "well underway." William Burck, a former deputy counsel to President Bush, says the idea of the HIG is "fabulous" - but it needs to be implemented. The fact that...

Author: /time Magazine | Title: Why Didn't HIG Question the Undiebomber? | 2/4/2010 | See Source »

Dean of the Faculty of Arts and Sciences Michael D. Smith, a computer scientist with years of teaching under his belt, assumed a professorial role at yesterday’s Faculty meeting and used a popular lecture tool—a PowerPoint presentation...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: FAS Dean Takes a Professorial Role at Faculty Meeting, Armed With Slideshow | 2/3/2010 | See Source »

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