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...didn't make the final December cut, but certain SEC commissioners want to revisit the issue. In a February speech, commissioner Kathleen Casey said it was imperative to address "the oligopoly in the rating industry" and overreliance on ratings in the SEC's rules. "These requirements - which accord privileged status only to ratings from certain firms - have served to elevate ... ratings to a status that does not reflect the actual purpose, much less the limitations, of credit ratings," she said...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...most iconoclastic. Hanlon cites past “Advokats” Norman K. Mailer ’43, Frank O’Hara ’50, and John L. Ashbery ’49 as writers who followed their own ideas about writing rather than obeying the status quo, a central tenet of the Advocate’s philosophy...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: ‘Advokats’ In The House | 4/15/2009 | See Source »

...Whitehead ’91 (better known as Colson Whitehead) has been invariably compared to Ralph Ellison’s masterpiece, “The Invisible Man.” He’s garnered plaudits of all kinds: a MacArthur Genius grant at age 32, Pulitzer finalist status for his novel “John Henry Days,” and a myriad of awards for young authors, including the Young Lions Fiction Award, the Anisfield-Wolf Book Award, and a Whiting Writers Award. However, for all the attention paid to him within the world of letters, here...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Colson Whitehead ’91 | 4/15/2009 | See Source »

Talk to people not just about how they feel but about how they're living now, and you hear more resolve than regret. Nearly half say their economic status declined this year, and 57% now think the American Dream is harder to achieve. And yet pain and promise are a package deal; even after all this, fully 56% believe that America's best days are ahead. It would be nice if it took something short of a heart attack to get us to work out, eat better and spend more time with our kids. But in the end, where...

Author: /time Magazine | Title: The Great Recession: America Becomes Thrift Nation | 4/15/2009 | See Source »

...Faust shares her fantasy of a sustainable house by the river in Allston after students pose questions about the status of the housing renewal project. Students nod uncertainly...

Author: By June Q. Wu | Title: Lunch with President Faust | 4/14/2009 | See Source »

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