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First, he highlighted a massive new FDIC program to get the banks to sell troubled mortgages. For all the focus on complex securities based on bad loans, the bad loans themselves pose the greatest threat to banks' balance sheets, according to the Treasury department. Bill Gross, chief investment officer of the massive PIMCO bond firm who has been in conference with the government about participating in the plan, estimates the loans pose up to a $1 trillion problem for the banks, and the new program taps FDIC funds to get investors to buy those loans from the banks. Gross told...

Author: /time Magazine | Title: Geithner's Toxic-Asset Plan: Wall Street Finally Cheers | 3/23/2009 | See Source »

...said. Soghoian noted that he has already talked to Microsoft and Mozilla about incorporating TACO into the popular web browsers Internet Explorer and Firefox. Mark A. Fusunyan ’12 said that since he doesn’t tend to click on online ads, ad-tracking did not pose a “huge concern” to him. “The program seems like a good idea to put into an existing browser,” said Matthew C. Mulroy ’12. —Staff writer Michael J. Ding can be reached at ding2@fas.harvard.edu...

Author: By Michael J Ding, CRIMSON STAFF WRITER | Title: Program Halts Online Advertisement Tracking | 3/19/2009 | See Source »

...recent e-mail from H BOMB expressed that these woes continue in the face of the nationwide financial crisis--and that might pose problems for the magazine...

Author: By Aparicio J. Davis | Title: The Fourth Coming of H BOMB | 3/16/2009 | See Source »

...These challenges are just as Obama defines them: the soaring health-care costs that disadvantage American companies abroad, the difficulty young people—the lifeblood of any economy—have affording higher education, and, most drastically, the threat that a failure to meaningfully combat global warming will pose to both the planet and human lives. As Rosabeth Moss Kanter, a Harvard Business School professor, wrote for Politico in response to Krauthammer’s piece, Obama is “not only a brilliant strategist, he is a brilliant analyst of America, understanding all the factors that contribute...

Author: By Brittney L. Moraski | Title: Krauthammer’s Non Sequitur | 3/15/2009 | See Source »

...believe that Zardari is trying to stifle opposition? We don't pose a threat to Mr. Zardari. All my party is talking about is a democratic Pakistan. This is what we actually decided with Benazir Bhutto. She is the one who signed the Charter of Democracy with me. It was the political will of Benazir Bhutto, which Mr. Zardari should have followed and acted upon. He has not followed her political will. He has taken a different agenda altogether, an agenda which will take Pakistan further away from democracy...

Author: /time Magazine | Title: Pakistan's Sharif Blames Politics for Security Lapses | 3/5/2009 | See Source »

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