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...necessary to prevent what they viewed as a possible catastrophic failure of the national and perhaps global banking system. If Merrill Lynch had been left on its own to suffer huge fourth quarter losses, it might have faced a fate like that of the departed Lehman. Morgan Stanley (MS) nearly had the same set of problems until the Japanese financial house Mitsubishi UFJ agreed to honor a commitment to put $9 billion into the U.S. investment firm. Whether their presumption was right or not, it appears that Paulson and Bernanke believed that a failure at Merrill could have been...
...Hengameh Saberi is an S.J.D. candidate at Harvard Law School. The author has no relation to Ms. Saberi...
...Ms. Saberi’s plain disregard of multiple warnings to cease reporting after her press credentials were revoked in 2006 provides ample material for a fair process of appeal but does not make the Revolutionary Court’s summary trial and its eight-year imprisonment sentence any less disturbing. Likewise, the media’s hype and portrayal of her as a pure beauty pageant queen to be rescued by the West from the dragon’s mouth just shortly after the silent death of a 29-year-old blogger in prison, Omidreza Mirsayafi, and the White...
...battle in British television is not between the contestants and the judges, nor is it even between the contestants themselves. The real battle is a war against our better judgment, a struggle to convince us that a woman can emote a love ballad without ever having been kissed (as Ms. Boyle has stated of herself) or that a young boy from a broken home can rise to superstardom. In some viewers, the battle has already been won. Both of the contestants have received praise from twittering couple Demi Moore and Ashton Kutcher. Rosie O’Donnell has even...
...serious problems that women face. PETA’s “naked” demonstrators and models choose to participate in these actions because they want to do something to make people stop and pay attention. We believe that people (including men, as shown in the link that Ms. Fiske provided to our “I’d Rather Go Naked Than Wear Fur” campaign) should have the choice to use their own bodies to make social statements and that there is nothing shameful or “wrong” about being naked. This...