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...Lenihan says housing prices need only appreciate 10% over the next 10 years for NAMA to return a profit on its initial expenditure. But predicting what's around the corner is never easy - as Ireland knows only too well. According to NAMA's draft business plan, a "prolonged property market depression" or "sluggish economic growth" could result in the failure of the scheme. Despite the risks, proponents say it's the only way to ensure that Ireland's banks start lending again. But for residents bearing the brunt of the country's economic slump, NAMA is little more than...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

...territories and is most likely arming those areas to the teeth. Georgia's new Defense Minister, Bacho Akhalaia, told me the Georgian army will "stay calm." But the military is rebuilding. An infantry battalion will deploy to Afghanistan in January under the command of U.S. Marines, and it will return, as veterans did from a deployment in Iraq, with more experience and confidence for the next engagement. Though the E.U. report found that Saakashvili was unjustified in firing first, he says the Russians left him without options. "I've been running it over and over again, what happened," he said...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

...shaving with whatever was available--Vietnam all over again. Until the U.S. leadership looks at our history, we will never learn from our mistakes. I was in the eighth grade when the first Tennessee soldier was killed in Vietnam in 1962, and 10 years later I was fortunate to return from service with the 1st Air Cavalry Division in Vietnam. Let's hope the decision makers review Ferguson's work while examining the war in Afghanistan...

Author: /time Magazine | Title: Inbox | 10/26/2009 | See Source »

Harvard was most dangerous on Saturday each time Princeton’s punt unit took the field. The danger came not from the Crimson’s return game, which managed only five yards on three attempts, but from the Tigers’ self-inflicted struggles...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: NOTEBOOK: Tigers Endure Punting Woes | 10/26/2009 | See Source »

...Nabel, who completed her residency at Brigham over 20 years ago, accepting this position represents a return to her roots within the Harvard medical community. “I see this as an opportunity to come home in many ways,” she said, adding that she had met her husband and given birth to her first child at Brigham...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Nabel To Lead Two Boston Hospitals | 10/26/2009 | See Source »

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