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...Oddly enough, though, talk of the Federal Government's possible mortgage bailout is beginning to slow things down. In Los Angeles, it has plugged the deal flow, because banks are now less willing to work things out since they suspect that Uncle Sam may offer better mortgage buyouts. "Recently, a lot of the financial institutions have stopped accepting short sales to find out if the government is going to buy their loans that are in default. They're waiting to see what happens with the recent rescue plan to buy back mortgages," says Fred Arnold, president of the California Association...

Author: /time Magazine | Title: The Housing Bust: Signs of a Bottoming Out? | 10/29/2008 | See Source »

...Securities and Exchange commission had for a time banned short selling of a variety of financial stocks - a controversial move that critics believe was a simple case of finding a scapegoat in the midst of market chaos. "It was a little signal that Beijing has a plan - a slow, methodical plan to reform their markets - and they are sticking to it," says a U.S. Treasury official...

Author: /time Magazine | Title: China Stays Its Capitalist Course | 10/28/2008 | See Source »

...Providence side of the pitch. “We just came off a pretty hard game against Princeton; it’s a midweek game—it’s hard sometimes to get up for these,” Fucito said of the Crimson’s slow opening.Luckily, the Friars were not doing much on offense either, failing to make headway against the staunch Harvard defense. The teams combined for only seven shots in the first 36 minutes of play.Providence managed to jump ahead at 36:04 when a Crimson defender was called for a foul...

Author: By Dennis J. Zheng, CONTRIBUTING WRITER | Title: Providence No Match for No. 17 Harvard | 10/28/2008 | See Source »

...what, after all, is up? The video cuts to a shot of Barack and Michelle Obama on TV and a slow smile on Stone's face as he says, "Change. That's what...

Author: /time Magazine | Title: The Wassup?! Dudes Return — For Politics | 10/28/2008 | See Source »

...looking forward to more training—last year we won Ivies, and it’s our goal to repeat.” The scores posted by Harvard over the weekend were lower than expected. Many factors worked against the Crimson, including the wet conditions and long, slow rounds that resulted. For example, Sheldon played 21 holes yesterday, more than the team is trained for at this point in the year. In the spring, individuals can play up to 36 holes a day, but then again, this is not the spring. “The course is a tremendous...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Fall Season Ends with Four Wins in Four Tournaments | 10/26/2008 | See Source »

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