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...especially the complex ones - by assigning ratings that are more favorable than justified in order to hold on to the business. At the beginning of 2008, there were just 12 top-rated companies in the world, but some 64,000 structured finance instruments, like mortgage-related CDOs, won that seal of approval...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...stories—be they about publishing or another, totally unrelated subject. “It’s a good way to get the news out quickly and informally,” Senior Publicist Andrew Battle says. He’s wearing a green shirt stamped with the seal of the Loeb Classical Library, except that the seated Athena holds a beer. The back reads, “Homer, 82.” “It’s the shirt for the Press softball team,” Battle explains...

Author: By Madeleine M. Schwartz, CRIMSON STAFF WRITER | Title: A Pressing Situation for Books | 4/15/2009 | See Source »

...kits, which will debut in Britain in May and retail for $50, include a syringe that allows users to extract half a milliliter of barbiturate solution without breaking the sanitary seal. "Clearly, sterility doesn't matter given that death is the desired outcome," Nitschke says. But the solution deteriorates slower in a sterile environment, allowing those with painful conditions to "lock it away in the back of the cupboard in case things gets too bad." The extracted sample is then mixed with chemicals from the kit; a color change indicates a lethal solution. (See pictures of suicide...

Author: /time Magazine | Title: Foolproofing Suicide with Euthanasia Test Kits | 4/13/2009 | See Source »

...than economic agenda, the currency remains alive and arguably very strong. As with most things in life, adopting it involves a trade-off. A country gives up monetary freedom (to devalue, for instance) in exchange for increased trade with the rest of Europe, coordinated monetary policy, and a confidence seal in terms of foreign indebtedness. Basically, through the European Central Bank, countries less reputable than Germany get access to German interest-rate levels in regular market conditions...

Author: By Pierpaolo Barbieri | Title: Joining Euro(pe) | 4/9/2009 | See Source »

...Omodele-Lucien dropped to a (2-6, 6-3, 3-6) loss, leaving two singles points remaining, the score poised at 3-2. Fortunately for Harvard, it could count on its co-captain and No. 77 in the nation to seal the win at the No. 1 position; despite losing the first set, Clayton’s tenacity and stamina came to the fore in a 4-6, 6-4, 6-2 win over Jonathan Jaklitsch...

Author: By Allen J. Padua, CRIMSON STAFF WRITER | Title: Harvard Splits Weekend in Closely Contested Battles | 4/5/2009 | See Source »

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