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...company's attempt to improve the fortunes of its financial unit will not be without cost. As Morningstar says, "GE's decisions to wind down its non-U.S. portfolio and shift to higher-quality asset classes is welcome even though these decisions will likely pressure earnings going forward." GE makes the risks of its exposure to the real estate, tight credit markets, other financial firms clear in all of its public filings and readily admits that it may not be able to keep its "Triple-A" credit rating which would drive up its borrowing costs...

Author: /time Magazine | Title: In Defense of General Electric | 2/24/2009 | See Source »

...road. The company also maintains a strict “all hours” contact policy, under which a designated member of staff at headquarters mans an emergency cell phone 24/7. As an added measure, the staffer is barred from drinking alcohol and riding the T during their shift. Let’s Go has also had issues with publishing firms. After St. Martin’s Press terminated their 25-year relationship when internally commissioned focus groups evaluated the guides as “frivolous” and “silly,” they have shifted their...

Author: By Stephanie M. Woo, CONTRIBUTING WRITER | Title: Ready, Set, Let's Go | 2/24/2009 | See Source »

...process of renovating the suite, which will be the only existing memorial at Harvard to the former President, has highlighted a dramatic shift in undergraduate residential life over the last 100 years and has chronicled Roosevelt’s shift from a privileged youth to the populist icon who was elected to the American presidency four times...

Author: By Bita M. Assad, CRIMSON STAFF WRITER | Title: The Legacy of Franklin Delano Roosevelt | 2/24/2009 | See Source »

...victorisou weekend that included wins against Penn and Princeton, it was forced to switch from the style of play it had employed all season. The squad, praised for the performance of its guards—Emily Tay, Brogan Berry and Niki Finelli—looked to shift some of the scoring duties over to the team’s forwards. “Our guards have been our scorers when it should be our forwards,” Harvard coach Kathy Delaney-Smith said. “We are trying to do a better job. They started double and triple...

Author: By Evan Kendall, CRIMSON STAFF WRITER | Title: Forward Markley Leads Scorers | 2/23/2009 | See Source »

...easy to see the shift by looking at bands of FICO scores - a popular measure of a borrower's creditworthiness. In January, 18.58% of loans associated with a FICO score below 688 were delinquent by one measure - a large number, but just half a percent more than in December. By contrast, the number of delinquent loans in the top tier (752 or higher), jumped by nearly 7% in January. The overall percentage of problem loans remained small by comparison - the delinquency rate rose from 1.45% to 1.55% - but the quickening pace of homeowners falling behind on their payments signifies more...

Author: /time Magazine | Title: Housing Crisis Moves Beyond Subprime Borrowers | 2/21/2009 | See Source »

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