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...model for nationalizations could prove valuable in the months ahead. The government is in the process of stress-testing the nation's largest banks as part of Treasury Secretary Timothy Geithner's plan to fix the ailing banking sector. And many think the outcome of those tests could lead to more takeovers. So far, Geithner and other officials have denied they are interested in running banks. But in the past few weeks, a number of prominent Republicans and fiscal conservatives, most notably former Federal Reserve chairman Alan Greenspan and Senator Lindsey Graham, have joined those who think the government should...

Author: /time Magazine | Title: Nationalized Banks: Why They Might Work | 3/6/2009 | See Source »

...Affairs Select Committee about the need to bring embassy workers up to speed on the rules and to rework technicalities. Recently, Clay says, dancers, musicians and tumblers from Zimbabwe who have performed at British festivals every year since 1998 were rejected because embassy staff felt the troupe could not prove it had sufficient funds to support itself in the U.K., despite having contracts and a spotless track record. "How can they [show sufficient funds], with Zimbabwe's appalling rate of inflation?" he asks. (See pictures of London...

Author: /time Magazine | Title: Britain's Clown Shortage: Visa Rules Hit the Circus | 3/6/2009 | See Source »

...songs of the night. They did a great job getting the crowd into it, seemingly dedicating every song to the ladies, and even the other bands could be seen dancing in the crowd, appreciative of their performance. Their last song was the only cover of the night, and would prove to be the show stealer, as Kultgen’s sweater came off and sunglasses came on and the band launched into a well-crafted version of Britney Spears’ “...Baby One More Time.” Taking the stage last was Start, Go!, who also...

Author: By Ross S. Weinstein, CRIMSON STAFF WRITER | Title: LINEAR PERSPECTIVE: Rockus | 3/5/2009 | See Source »

...They’ve done a great job of creating a very supportive network and good team culture where people feel a part of the group,” Allard says. The captains are ultimately united in their goals for the team this season, and their leadership should prove to be the driving force behind the team’s success. “We play off each other really well, and we’re great friends, which helps a lot—to be able to talk to each other and provide a unified front to the team...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: SOFTBALL '09: Senior Pair Packs Punch | 3/5/2009 | See Source »

...point is that most Americans think of pork as waste. That's why Republicans called the stimulus bill "Porkulus," even though it had no actual earmarks. The fact that money is earmarked does not prove it is wasted, and the fact that money is not earmarked does not prove it is not wasted. This is common sense, when you think about it. Earmarks got their name from the bygone practice of branding the ears of livestock to identify their owners, but no one would have thought a pig without an earmark was kosher. The vast majority of wasteful federal spending...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

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