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...capital to aspiring entrepreneurs--just racking up household debt. That's especially worrisome, since most developing countries don't have strong consumer-protection laws. "Everyone has realized you can make money," says Damian von Stauffenberg, principal of MicroRate, which evaluates microfinance firms. "Before, no one who wanted to get rich quick was going into microfinance. Suddenly you have loan-sharking operations assuming the microfinance mantle...

Author: /time Magazine | Title: The Big Trouble In Small Loans | 6/5/2008 | See Source »

Savage Grace Directed by Tom Kalin; written by Howard A. Rodman; not yet rated; out now In this acid, fact-based portrait of the idle rich, love means finding new ways to hurt the ones you love most. Julianne Moore is the desperate mom, Stephen Dillane the sour dad, and two fine young actors, Barney Clark and Eddie Redmayne, play their son at various stages of his promise and ruin. A lush, creepy, boldly acted tale of suffocating passion...

Author: /time Magazine | Title: 5 Things You Should Know About | 6/5/2008 | See Source »

...rich young man become so interested in the poor? He talked about his grandfather, Honey Fitz, and his concern about people down on their luck, and his “mother’s basic religious beliefs, Sermon on the Mount, and those obligations that we all had,” especially the passage from Luke: “of everyone to whom much has been given, much will be required...

Author: By Adam Clymer | Title: Against the Wind | 6/5/2008 | See Source »

...Korea “potential trouble areas,” The Crimson pigeonholed these Asian countries into the realm of the unfamiliar and dangerous, volatile entities exiled by their vulnerability to the pull of communism. This tag validates these nations as objects of interest and simultaneously denies them their rich cultural history in favor of shoving them under the heading of potential “bad guys...

Author: By Emma M. Lind | Title: Let the Subaltern Speak | 6/4/2008 | See Source »

...think they had a very close and deep intellectual bond,” said Michael B. G. Froman, Rubin’s former chief of staff at the Treasury. “Oftentimes it was sort of like a constant seminar back and forth...It was a rich intellectual partnership—I say partnership on purpose, because Bob very much treated Larry like a very important partner in everything...

Author: By Claire M. Guehenno and Prateek Kumar, CRIMSON STAFF WRITERSS | Title: Portrait: Robert E. Rubin ’60 | 6/4/2008 | See Source »

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