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...those bonds hoping to make a big profit. That means Cantor has not had to suffer the same credit crunch that its larger rivals have been struggling with for more than six months as many of those loans or bonds have gone bad. Many firms have had to pull back from some trading businesses, or go out of business all together...

Author: /time Magazine | Title: Cantor Fitzgerald, Victim of 9/11, Thrives in Recession | 4/17/2009 | See Source »

Despite the pressure of Chrysler's April 30 deadline to pull off a rescue package - or face potential bankruptcy - the United Auto Workers has been in no rush to make concessions. "As I see it, the United Auto Workers union has a choice. They can [shed] some jobs or they can take a pay cut," says a financial consultant based in Detroit. "Naturally when you're faced with two bad choices, there is a natural tendency to procrastinate...

Author: /time Magazine | Title: The UAW and Chrysler: a Lose-Lose Situation | 4/17/2009 | See Source »

...Communications. Have you found any real-world uses for those boring classes you had to sit through? SBB: I think my time studying communications wasn’t mostly about a trade than it was about experiencing college, which was about self-exploration. I don’t pull out those series and things often, but I had a good time while I was there. 9. FM: In college you won Spring Sing, UCLA’s annual music competition. Twice. You sang in Awaken a Capella, a co-ed a Capella group. How did the music scene at UCLA...

Author: By Stephanie M. Woo, CONTRIBUTING WRITER | Title: 15 Questions with Sara B. Bareilles | 4/17/2009 | See Source »

...Whether it’s for the summer or forever, the magnetic pull to New York City—like that exerted on energetic bugs by a sophisticated flame—has long been undeniable. But an undercurrent of dissent is beginning to appear, as the collapse of the financial market has thrown some of the pitfalls of this high lifestyle into high relief for young people. There is, believe it or not, life outside of New York City. And, although it might be different, it’s probably not as terrible as you think...

Author: By Emma M. Lind | Title: I ? NY | 4/16/2009 | See Source »

...saying goes, though, it’s always darkest before Fleet Foxes plays “Sun It Rises.” And so, to my disbelief, the College Events Board (CEB) deigned to reach down and pull me, Lazarus-like, out from the abyss of despair by inviting Ratatat to this year’s Yardfest. All at once I felt like maybe I wouldn’t have to spend my whole postgraduate life telling girls at concerts that I went to Brown...

Author: By James A. Mcfadden and Garrett G.D. Nelson | Title: Point/Counterpoint: Striking the Right Note | 4/16/2009 | See Source »

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