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IndyMac will soon earn the first half of its name back. The Federal Government, which seized the failed bank last summer, is expected to close a deal in the next week that would return the California mortgage lender to private ownership. For IndyMac, the deal means independence in less than eight months. For the government, the IndyMac sale provides a shining example of how takeovers can work, at a time when the Obama Administration may soon begin pushing for more nationalizations. (See 25 people to blame for the financial crisis...

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

Men’s volleyball looks to return to .500 with contests against Rutgers-Newark and NJIT at the MAC. Harvard sits at 3-5, but all three wins have come at home, giving the Crimson confidence going into the weekend. The matches will take place Friday at 7:00 p.m. and Saturday...

Author: By Max N. Brondfield | Title: This Weekend in Sports: Spring Season's in Full Swing | 3/6/2009 | See Source »

This potential flood of ex-convicts re-entering society, on top of the more than 700,000 inmates who return each year, poses major challenges for government agencies and nonprofit organizations struggling with budget crises. Even without the expected surge of prisoners coming home, their efforts haven't proved particularly successful at stopping the revolving door of recidivism. Until recently, "most people got 50 bucks, a bus ticket and let out the door without any preparation - they land back in their old neighborhoods at four in the morning where there's drugs - so what would we expect in terms...

Author: /time Magazine | Title: Another By-Product of the Recession: Ex-Convicts | 3/6/2009 | See Source »

...some would argue that your return to politics would make it more difficult to heal the divisions in Thai society. I have to give moral support to my supporters. If I'm not going to fight anymore, that might hurt the feelings of my supporters. They are fighting for democracy. They are fighting for the rule of law. They are beyond just...

Author: /time Magazine | Title: An Interview with Ex-Prime Minister Thaksin Shinawatra | 3/6/2009 | See Source »

...said earlier that this is beyond you. If so, why is it necessary for you to return to politics? The Thai people know how badly I've been bullied. This is politically motivated. That's the reason why even people who don't know me and don't like me have come forward. Because they feel like this is not fair...

Author: /time Magazine | Title: An Interview with Ex-Prime Minister Thaksin Shinawatra | 3/6/2009 | See Source »

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