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More concrete success can be seen in another part of the Administration's original plan. The government has made it possible for homeowners with little or no equity to refinance into cheaper loans - a particularly tough trick to pull off with tighter lending standards. Loans owned or guaranteed by Fannie Mae or Freddie Mac qualify; the two government-sponsored entities cover more than half of mortgages in the U.S. In the first three weeks of the program, Freddie Mac closed about 1,000 of these refinances, though "that's a drop in the bucket compared to what's expected," says...

Author: /time Magazine | Title: Feds Offer More Help for Troubled Homeowners | 4/28/2009 | See Source »

...scheme to sell six meticulously forged versions of Mona Lisa to six gullible millionaires. Each would be duped into believing he had secretly bought the picture that had just been famously stolen from the Louvre. But in order to carry out the scam, it was necessary to pull off a highly publicized theft of the real picture. De Valfierno claimed that the scheme netted him millions, and that Peruggia has been well paid for his part, but had kept the original, thinking he could sell that...

Author: /time Magazine | Title: Art's Great Whodunit: The Mona Lisa Theft of 1911 | 4/27/2009 | See Source »

...going over the edge. Maybe the crew were concentrating too much on their bonuses (their exit strategy), or maybe they just climbed into their boat the wrong way (conditions of entry). It's time we learned how to row boats again: backs facing the front and pull hard. David Jonnes, MARSEILLE, FRANCE...

Author: /time Magazine | Title: On the Edge | 4/27/2009 | See Source »

...It’s very nice if someone is well-known in New York or California, but what matters in this job is running a great program in Cambridge,” Harris said.A FORMALIZED VOICE? The Crimson spoke with multiple writing program directors who questioned how much pull a director without a professorship could have in working with other faculty members and administrators.Since its founding in 1872, the Harvard College Writing Program—the first program of its kind—has served as the model for writing instruction at a number of other schools, such as Princeton...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: After Search, Expos Awaits Changes | 4/27/2009 | See Source »

It’s never easy to go to a rival’s field with everything to lose and pull out a victory. But on Saturday, that’s exactly what the Harvard softball team did—twice.The Crimson traveled to Hanover, N.H. to take on Dartmouth in the first half of a crucial home-and-home series to decide the Ivy League North title. In front of a raucous Big Green crowd at Sachem Field, Harvard swept the twinbill, mounting a sixth-inning rally in each game to win by scores...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Ivy North Division Title For Grabs | 4/26/2009 | See Source »

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