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...gave a speech in October 2007 at a mortgage securities conference and starting talking about these issues publicly. Why did you stand up and do that? I thought they were going to throw tomatoes at me. We had done some industry roundtables in the spring of 2007 to talk about sub-prime and nontraditional mortgages. Everyone gave us all this happy talk that they were going to modify these loans, and I'm sure they meant it as the time. They said it was in everyone's economic interest to restructure the loans instead of foreclose because the losses...
...Radcliffe lightweight crew is a program in flux.A team that had consistently won medals at the IRA National Championships, notching a bronze medal as recently as 2006, has fallen short over the past two years.In 2007, the crew’s varsity eight fell just off the medal stand, losing to a suprise Bucknell boat, which won the gold. The team was just four seconds short of third, ending the crew’s six-year run of medaling.Last spring, the program fell to a sixth- place finish, as Wisconsin regained its national championship crown.In order to respond, the crew...
...Crimson.“We had quite a good start [to the season],” heavyweight captain Teddy Schreck said. “We just didn’t come into the championship races with the type of momentum that would have brought us to the medal stand, which is unfortunate, because I feel at different parts of the season we were there and in good shape to be able to do that.”After a disappointing eighth-place result at EARC Sprints and an 11th-place finish at the IRA National Championships, the varsity eight came...
...York Federal Reserve, trying to cut a deal that would get the money flowing to the big banks but would also generate enough in insurance premiums to protect the FDIC and thus the individual deposits that millions of Americans think of as safe. Paulson had asked the FDIC to stand behind loans between banks. To Bair, that meant a whole new category of risks on her ledger and the prospect of greater FDIC payouts if the big banks cratered. In the end, Paulson and Geithner agreed to Bair's demand for higher insurance fees from banks getting federal bailout money...
Gage: The question of temperament can come to stand in for when there just don't seem to be a lot of other ways to predict someone's behavior ... and you've seen this much more in campaigns. George W. Bush is a good example. [He appeared] to be just very flat during the campaign. It was hard to tell what he thought ideologically. And how he behaved in office, of course, was different in those terms ... I was just trying to think of examples of moments that have become kind of our iconic moments of ideal presidential temperament...