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...down as its CEO in 2008 after only two years in the job, "years of reliance on wholesale funding left us in a vulnerable position." No kidding. When the meltdown in those markets occurred, HBOS was history. "The fundamental mistake that HBOS made was," said Stevenson, "it failed to predict wholesale collapse of wholesale markets...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

Destructive wildfires are already common in Australia, and it's not hard to see why climate change would increase their frequency. The driest inhabited continent on the planet, Australia has warmed 0.9°C since 1950, and climate models predict the country could warm further by 2070, up to 5°C over 1990 temperatures, if global greenhouse-gas emissions go unchecked. Beyond a simple rise in average temperatures, climate change will also lead to an increase in Australia's extreme heat waves and droughts. Southwestern Australia is already in the grip of a prolonged drought that has decimated agriculture...

Author: /time Magazine | Title: Why Global Warming May Be Fueling Australia's Fires | 2/9/2009 | See Source »

...This is quite good,” Rogers said, “though I cannot predict whether these results will hold for the rest of the year...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Fundraising Push Could Be Delayed Further | 2/9/2009 | See Source »

...Crimson denied Yale a field goal in the last 4:27 and prevented them from scoring for three minutes and 26 seconds. “We try to treat every ivy game the same,” Smith said. “You can’t predict outcomes or what teams can do.” The Crimson shot 45.1 percent from the field and 72.7 percent from the free-throw line, while Yale went 42.9 percent from the field and 73.7 percent from the charity stripe. Harvard won the battle on the glass, outrebounding the Bulldogs...

Author: By Evan Kendall, CRIMSON STAFF WRITER | Title: Harvard Sneaks Past Bulldogs | 2/9/2009 | See Source »

...appearing in their ensuing tour. This material seems to indicate a more settled, atmospherically uniform sound than ever before, but as outtakes from “Strawberry Jam,” like “Safer” and “Water Curses,” failed to predict the shift toward “Merriweather Post Pavilion,” it’s understood that Animal Collective are nothing if not unpredictable. For the moment, this piece appears to complete the triptych that began with “Person Pitch,” but the eternal question...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Animal Collective | 2/5/2009 | See Source »

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