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...first I thought there was no way this would fly," says analyst Paul Miller at FBR Capital Markets. "But I talk to a number of bank executives, and they like...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

...FDIC will look broke, and probably stay that way until sometime in late 2012. And that raises the question as to how much a boost in confidence the prepayment plan will be to the banking system. "Does it really spook people that the FDIC has a negative number?" says Miller. "To the public, I think, it is less spooking than borrowing from the Treasury. That's why they are doing it. It's a p.r. thing." (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

Other analysts say there is too much at stake for that to happen anytime soon, but that the risk is real. "The cease-fire will likely hold - imperfectly - because the alternatives are worse," says Aaron Miller, a former adviser to six U.S. Secretaries of State on Arab-Israeli affairs and a public-policy fellow at a Washington think tank. "Hamas achieved gains - propaganda; largely the leadership survived; and they still control Gaza. The Israelis got an end to high-trajectory rocket fire into Israel. If either of those objectives are undermined, then things could start up again...

Author: /time Magazine | Title: Israel's Cease-Fire with Hamas: Close to Snapping? | 9/28/2009 | See Source »

...that that it is an elite intellectual institution, but it is not elitist. If there were huge problems with the University of California, that would be one thing. Instead, we are taking something that by all measures is a great success and tearing it down." Student leader Isaac Miller says the university community came together to "protest the de-funding of public education by the State of California and the crisis of priorities of the university administration." "It was stunning," says Steen. "In the 20 years since I was an undergraduate here, I have never seen anything like this...

Author: /time Magazine | Title: California's Budget Crunch: The Universities Protest | 9/25/2009 | See Source »

...rallies." But there will be more rallies. Protest organizers at Berkeley said that discussions are under way for a march on Sacramento that would include participants from the UCs, the 23-campus Cal State University system and the states' junior colleges. "This is just the beginning," says Miller. "It's a wake up call to students about what is happening to their education...

Author: /time Magazine | Title: California's Budget Crunch: The Universities Protest | 9/25/2009 | See Source »

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