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Wall Street Wizards Financial engineers sliced, packaged and sold subprime-mortgage securities for yield-hungry investors on the premise--reinforced by yes-men ratings agencies--that these were oh-so-safe AAA bonds. Oops...

Author: /time Magazine | Title: Wheel of Blame | 3/20/2008 | See Source »

What characteristic of the Versace brand have you kept alive to immortalize your brother? Armando Rodriguez Davila, Mexico CityGlamour. When Gianni started, fashion was about being safe, being sophisticated. The word glamour didn't exist. Gianni invented glamour. It meant women not being afraid to embrace femininity and sensuality. I make sure glamour stays...

Author: /time Magazine | Title: 10 Questions for Donatella Versace | 3/20/2008 | See Source »

...rest of the Southwest can use its water more efficiently, it should be safe for decades. One solution could involve diverting more of the river's water away from agriculture--which claims 85% of the supply--in favor of the region's thirsty cities. That would be challenging politically, but something has to give. Still, while Lake Mead has shrunk to just 52% of capacity, the immense reservoir still contains an incredible 9 trillion gal. (35 trillion cu L) of water. But the dry sky above and the rock all around reinforce the inescapable fact that this land...

Author: /time Magazine | Title: Postcard: Lake Mead | 3/20/2008 | See Source »

...group aiming to raise awareness about social issues on campus.The newly-formed HMAR receives more guidance from OSAPR than its predecessor and is “democratic” without official positions, Braxton said.Van Niel, who is also a Harvard varsity football player, said HMAR seeks to create a safe college environment in which women can enjoy themselves without having to be afraid of the consequences of a man losing control.Van Niel, who worked with sexual assault, violence, and rape issues in high school, said HMAR allows him to address issues about which he is passionate. According to its members...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Men Unite Against Rape | 3/20/2008 | See Source »

...contortion. To be in transit is to be disconnected, but for some of those sleeping here, rootlessness is not temporary. Each night, scores of London's homeless men and women take advantage of modern travel delays by posing as stranded passengers in order to sleep in a warm and safe place. They play a cat-and-mouse game with police, often donning floral shirts, fanny packs and other travel accessories to blend in. And their increasing creativity - and ability to disappear in Heathrow's swelling crowds of delayed passengers - has prompted the airport to try a new approach...

Author: /time Magazine | Title: Heathrow's Down-and-Out Jet Set | 3/20/2008 | See Source »

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