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...further reduce share value and corporate profits. Mitsubishi UFJ, like Japan's other mega-banks, avoided damage caused by the subprime crisis, but its stock portfolio is now taking a hit as the Nikkei and Tokyo Stock Price Index (Topix) continue to fall and wipe value from its balance sheet. One credit analyst estimates that since the end of June, the total stock value held by the top three banks has dropped by $56 billion, signaling that other banks are clearly at risk...

Author: /time Magazine | Title: Troubles Hit Morgan Stanley's Japanese Savior | 10/27/2008 | See Source »

...athleticism. They make [goalkeeper Austin Harms’] job a lot easier.” Harms, who took over in goal at the start of the winning streak, had only one save to make in the match. Not only did the back four help keep Princeton off the score sheet, but with their anticipation and positioning, often started the Harvard attack. “Our defense has been really stepping up since Ivy play started, and they did it again Saturday,” Akpan said. “One of our biggest problems in the last few years...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Fifth Straight Victory as Defense Stymies Princeton Attack | 10/26/2008 | See Source »

...precious for us, for our currency, to take too much risk. We need to have a banker who is just as responsible as someone working for the water company. Banks are going to become a utility. And banks probably will not have a lot on their balance sheet, and the risks taken will be borne by individuals like myself who have capital, and who know the risks, with their own money. Otherwise you're going to keep having a cycle that's deeper every time...

Author: /time Magazine | Title: Nassim Nicholas Taleb | 10/24/2008 | See Source »

...stick. For instance, banks can continue to pay out money to shareholders, as the government pours money in. Thirdly, is it enough money? The banks are so nontransparent that no one can fully answer the question, but what we do know is that the gaps in the balance sheet are likely to get bigger. That is because too little is being done about the underlying problem...

Author: /time Magazine | Title: Nobel Laureate: How to Get Out of the Financial Crisis | 10/17/2008 | See Source »

...that.” Sure, Kanye dresses pretty sharply and has a swank apartment in this video, but from there, I think he loses me. The video certainly has a promising start. It opens with Kanye, dressed entirely in white, sitting on a couch covered with a white sheet in a room that is—of course—completely white. Then we see shadows of people with elaborate headdresses behind the blinds (also white—whaddya know!). For the rest of the video, the shots cut between large groups of tribe members—with face paint...

Author: By Samantha C. Cohen, CRIMSON STAFF WRITER | Title: POPSCREEN: Kanye West | 10/17/2008 | See Source »

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