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...Though the home-ownership-promoting policies of Fannie and Freddie are often held up as major contributors to the housing bubble and ensuing financial crisis, the two agencies actually backed and held a fairly small portion of subprime and otherwise risky loans. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

...year ago, two years ago, sold things a couple of years ago - not because I had any great vision, but I guess in retrospect I did. But we have many great jobs that were finished a couple of years ago, as opposed to now. We really missed a large portion of the depression...

Author: /time Magazine | Title: An Interview with the Donald | 4/21/2009 | See Source »

Bringing the purchasing proposal to students in its present state was “totally irresponsible,” said Flores, according to the minutes from the closed portion of yesterday’s meeting. Flores later confirmed making the statement, and said that she had been suggesting that in its tentative state the proposal could only spur uninformed feedback...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: Council Debates Proposal Publicity | 4/21/2009 | See Source »

...team’s season is a marathon.It seems rather appropriate, then, that Marathon Monday takes place every year in the heart of the Crimson sailing squad’s spring schedule.With a fall season beginning at the start of the school year in early September and a spring portion finishing in early June, both the co-ed and women’s teams are faced with a rather long competition schedule. The Harvard sailors must possess great endurance in competing virtually every weekend throughout the spring, and just as the closing miles of a 26.2 mile course often prove...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Sailing Begins Final Push in Action-Packed Weekend | 4/20/2009 | See Source »

...city from [Harvard], but often times, that is overshadowed by the fact that it is not tax-based,” Ward said.In March, City Councillor Marjorie C. Decker proposed granting Harvard a “mini-stimulus package” that would relieve the university of a portion of its Payment in Lieu of Taxes—also known as a PILOT payment—equal to the total annual salaries of subcontracted janitorial employees who had recently been laid off. The measure, intended to shame Harvard into backing off from layoffs, has since been tabled.Last week, Ward...

Author: By Danella H. Debel and Sarah J. Howland, CRIMSON STAFF WRITERSS | Title: New Councillor Seeks Own Niche | 4/19/2009 | See Source »

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