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...before the end of the month. U.S. President Barack Obama unveiled proposals in January for a $90 billion bank tax designed to recoup public money used to shore up the nation's lenders. No-nonsense Sweden, meanwhile, has already implemented its own version. But amid this consensus on the need to charge banks, doubts over the merit of the schemes remain. (See pictures of the global financial crisis...
...housing market. "Recent estimates suggest that it would take about 33 months to clear all troubled mortgages at the current pace of liquidations," wrote Merrill Lynch analyst Michael Hanson in a recent note. Alex Barron, founder and senior research analyst at Housing Research Center LLC, has similar worries: "We need to be concerned about the homes that are significantly underwater but haven't yet defaulted," he says. "It may take another two, three or four years before we're well on our way towards a real recovery." (See pictures of the recession...
...don’t really see why we would need such a Web site if you were in Haiti,” Schinazi said, based on his own experience...
...wake of three apparent suicides at Cornell University in the past six weeks, members of the mental health community at Harvard reaffirmed their commitment to providing support for students at risk but disagreed on the need to take immediate steps in response...
...despite their athletic achievements, the Suters always stressed that to be a winner, Brent would need to act like one. That meant showing commitment to his sport and giving one-hundred percent every time he stepped out onto the field...