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...next quarter, the rate at which people are losing their jobs may slow, but average wages will probably drop sharply at the same time. The effect of fewer people losing jobs while those who are working make less is no clear sign that the economic world is getting better. GDP numbers which are significantly influenced by dangerous trends in inventories like the Q4 2008 figure defy clear interpretation...

Author: /time Magazine | Title: The Housing Mirage: Misleading Numbers | 3/24/2009 | See Source »

...some finance experts argue that the real answer to problems with ratings agencies is to get rid of the notion that an NRSRO sign-off is the gold standard. To literally delete it from regulations. In other words, to make finance firms and investment vehicles justify - either through their own due diligence or ratings they themselves have paid for - why their holdings meet regulatory requirements...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...Like many cricket enthusiasts, Lodaya says he's surprised that the BCCI assumed the government would provide security for its matches during a general election. "One can't be blamed for thinking of this as a sign of hubris," agrees New Delhi-based Vaarunya Bhalla, who works in advertising. "It's almost as though they were trying to make some sort of statement by pushing the government endlessly." Indeed, many have welcomed the development as a sign that the enormously wealthy BCCI has been cut down to size. "In cricket, the BCCI has become an all-powerful bully," says...

Author: /time Magazine | Title: Citing Security, India Moves Cricket Matches | 3/23/2009 | See Source »

...call—you never know quite how you’ll react,” said Fish. “If people panic, you’re in worse trouble…these guys didn’t panic, and just kept going. That’s the sign of a team that’s still growing and getting better...

Author: By Allen J. Padua, CRIMSON STAFF WRITER | Title: WEB UPDATE: Crimson Downs Pilots in Singles | 3/22/2009 | See Source »

...neglect to insert his own opinions into the other narratives, in the form of slightly snide footnotes and cross-references to previously mentioned information.Boyle clearly has a gift for the compelling. As the self-appointed narrator of this tale, Tadashi illustrates the life of the so-called apprentices who sign up to learn from Wright at Taliesin (both his home and studio) and instead find themselves relegated to washing dishes, peeling potatoes, and working in the fields. Tadashi remains deeply devoted to Wright, despite his awareness of the man’s destructive narcissism. This alone would be an intriguing...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: Novel Reveals Wright's 'Women' | 3/20/2009 | See Source »

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