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The American dream of homeownership used to have relatively simple requirements: a 20% down payment and a 30-year fixed-rate mortgage. Not anymore. For today's first-time home buyers, financing has become far more creative, complex and confusing. Faced with record-high real estate prices, new buyers are...

Author: /time Magazine | Title: Money: Are You Overleveraged? | 2/26/2006 | See Source »

THE BEST OF YOUTH MARCO TULLIO GIORDANA The lives of two brothers--one a doctor, one a soldier--mesh and collide over 40 years in this fascinating and often moving six-hour drama. Six hours? Yep. Too long for a sit in a movie house, but just right for an...

Author: /time Magazine | Title: 7 Favorite Foreign Films | 2/26/2006 | See Source »

Roger W. Ferguson ’73, a member of the Harvard Board of Overseers, announced his resignation from his position as vice chairman of the U.S. Federal Reserve Board of Governors yesterday. Ferguson, who is reportedly a friend of Lawrence H. Summers dating back to the two menâ?...

Author: By Claire M. Guehenno, CRIMSON STAFF WRITER | Title: Alum and Harvard Board of Overseers Member Steps Down as Vice Chair of Federal Reserve Board | 2/23/2006 | See Source »

It’s a common enough story in the music world: an aging artist loudly insults the current style, sending waves through the whole scene. But this time, the feuding parties aren’t Nas and Benzino.Barry Burns, the guitarist for Scottish post-rock band Mogwai, called recent...

Author: By Will B. Payne, CRIMSON STAFF WRITER | Title: Rock Rivalries Beef Up Music Business | 2/23/2006 | See Source »

Just on Monday, U.S. Ambassador Zalmay Khalilzad threatened the Iraqi government with a loss of funds for training their military unless the new government being hammered out was ?non-sectarian.? ?The ministers, particularly security ministers, have to be people who are non-sectarian, who are broadly acceptable, who do not...

Author: /time Magazine | Title: Behind the Blast of the 'Golden Mosque' | 2/22/2006 | See Source »

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