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...churning out, the ratings firms helped investors load up on those securities - the same ones that are now, in many cases, near-worthless and clogging up the financial system. Plenty of people at the ratings agencies were aware of trouble brewing. In December 2006, a manager at Standard & Poor's e-mailed a colleague: "Let's hope we are all retired and wealthy before this house of cards falters...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...French winemakers fear that the new rules will allow any producer to mix their surplus whites and reds, flooding the market with cheap, poor-quality rosé. "We are shocked by these plans," says Eric Rosaz, director general of the Association Générale de la Production Viticole, France's winemakers' association. "We have our own traditions in France, and we want to protect them. We want to ensure that French rosé remains a quality product and is recognized as such. But this proposal could force thousands of winemakers out of business...

Author: /time Magazine | Title: War of the Rosé: French Winemakers vs. the E.U. | 3/21/2009 | See Source »

...discussions. They are satisfied as long as people are making personal connections and thinking about creativity in innovative ways with renewed enthusiasm.“My goal is to connect things that are already in existence,” Clapp says. “Harvard is not an arts-poor community; it is an arts poorly-connected community. There are rich conversations happening everywhere. I just want to have these conversations together...

Author: By Matthew H. Coogan, CONTRIBUTING WRITER | Title: HGSE Group Uncovers Creativity Everywhere | 3/20/2009 | See Source »

...Carter” tops the charts and Lil’ Wayne sweeps the Grammy’s, she shows up at one of his shows only to get pushed away. The moral of the story is not to say no to Lil’ Wayne lest you end up poor and lonely. —Mark A. Fusunyan

Author: By Mark A. Fusunyan, CONTRIBUTING WRITER | Title: POPSCREEN: Lil' Wayne | 3/20/2009 | See Source »

...It’s natural to want information about the event, but it’s not the best way to be accurate,” Gilbert said. “Our imagination is a very poor guide to how we’ll feel in the future...

Author: By and Manning Ding, CONTRIBUTING WRITERS | Title: Psych Study Investigates Predictors of Happiness | 3/20/2009 | See Source »

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