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...average capital reserves for Canada's Big Six banks - defined as Tier 1 capital (common shares, retained earnings and non-cumulative preferred shares) to risk-adjusted assets - is 9.8%, several percentage points above the 7% required by Canada's federal bank regulator. That's a little better than major U.S. commercial banks like Bank of America, but significantly higher than an average capital ratio of about 4% for U.S. investment banks and 3.3% for European commercial banks...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

...replacement guitar. Finally, the kindness of strangers came through.“Some random person handed us a guitar,” Aucoin said.Drawing on a wide variety of instrumentation, including trumpet, piano, guitar, and bass, the band has been playing around Boston since 2006. Half of the six members are still in high school, and the rest go to college locally. Aucoin said Elephantom’s sound has been compared to styles ranging from Radiohead’s to classical music. There’s more than a record deal in store for these four acts. The winners...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: The Battle of the Bands | 11/10/2008 | See Source »

...penalties so far this season. However, in a different kind of extra-attacker situation, the Crimson faltered. When the Engineers pulled their goaltender with a minute to play in Friday’s game, Kessler simply couldn’t stop the barrage of shots the six attackers peppered her with.“Obviously, the extra attacker when they pull their goaltender is something we’re going to have to spend some time working on,” Flygh said. “We played desperate. We didn’t play to our systems and what...

Author: By Loren Amor and Kate Leist, CRIMSON STAFF WRITERSS | Title: NOTEBOOK: Harvard Yet To Find Consistency | 11/9/2008 | See Source »

...sophomore forward Michael Biega said. “I think it just showed us how hard it is to win on the road.”UNION 3, HARVARD 1Penalties proved to be the difference for Union (4-2-1, 1-1-0), as the Dutchmen scored twice on six second-period power plays. Freshman Alex Killorn notched his first career goal for the Crimson, while freshman Matt Hoyle made 29 saves.“They’re really calling a lot more penalties,” Biega said. “It’s kind...

Author: By Dennis J. Zheng, CONTRIBUTING WRITER | Title: Power-Play Still Crimson’s Achilles’ Heel | 11/9/2008 | See Source »

...We’ll play the two best defensive teams along with us the next two weeks,” Murphy said. “So right now, we got a lot guys dinged up, very physical football game. We’re going to enjoy this for about six hours and then regroup tomorrow. But it’s just going to be one day at a time, complete focus on Penn, because Penn on the road is a very tough team to play.” —Staff writer Dixon McPhillips can be reached at fmcphill@fas.harvard.edu...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: SIDEBAR: Special Teams Needs Fixing | 11/9/2008 | See Source »

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