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...enshrined in countless laws and private contracts; ratings are a key yardstick in how state and federal regulators determine the safety of banks, insurance companies, money-market mutual funds and other parts of the financial system. Over the summer, the SEC proposed some rules that would start the reform movement at home, undoing the agency's own dependence on the ratings agencies. (Read "A Brief History Of: Ratings Agencies...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...small contingent of students from Harvard’s Student Labor Action Movement unfurled a protest banner and politely requested that the University avoid layoffs during an intimate lunch event with University President Drew G. Faust and seven Eliot residents. SLAM, a student organization that advocates on behalf of Harvard staff, interrupted Faust’s noontime meal with a warm welcome and round of applause. They then presented her with an open letter and an oversized cotton T-shirt. In the letter—addressed to the President and the Corporation, the University’s highest governing body?...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Students Protest Layoffs at Faust Lunch | 4/15/2009 | See Source »

...attendance but did not speak. Hammonds is currently scheduled to attend a UC meeting on May 3, according to Kia J. McLeod ’10, UC vice-president. Smith has also been invited to that meeting. A contingent of students representing Harvard’s Student Labor Action Movement were also in attendance at the meeting, accompanied by a large sign that read, “Greed is the new Crimson.org. No layoffs,” to which Smith commented, “Nice banner.” After the event Flores praised Smith for his willingness to answer...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: UC Asks for Greater Input | 4/15/2009 | See Source »

Where do you see the charter-school movement going? I'm a big fan of choice and competition, and in our country, historically, wealthy families have had a lot of options as to where to send their children. And families that didn't come from a lot of money had one option - and usually that option wasn't a good one. The more options available, the more we give parents a chance to figure out what the best learning environment is for their child. To me it's not about letting a thousand flowers bloom. You need to have...

Author: /time Magazine | Title: Arne Duncan: The Apostle of Reform | 4/15/2009 | See Source »

...Abhisit's government and troops were able to disperse the entrenched Red Shirts from central Bangkok on Tuesday without further bloodshed suggests that Thais may finally be moving toward solving their political problems without relying on a royal arbiter. But the Red Shirts have vowed to rekindle their protest movement - and the divide that has cleaved the country is so wide that no one seems to have any idea how to bridge it. "I hope from now on we don't have Yellow Shirts, Red Shirts, Blue Shirts, whatever color shirts," said Apirat as he watched flames rise from...

Author: /time Magazine | Title: Bangkok Protests End; Thais Mull a Divided Nation | 4/14/2009 | See Source »

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