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...purpose of the government's stress tests of the nation's 19 largest banks is to find out which will need capital. The evaluations are based on several artificial, and, perhaps, unrealistic criteria. One is unemployment reaching 10% and another is a further, sharp drop in real estate values...

Author: /time Magazine | Title: If Banks Can Challenge Stress Tests, are they Really Tests? | 4/23/2009 | See Source »

DIED Unlike many other young Marines, Lance Corporal William Allen, 26, who appeared on TIME's cover in 2005, joined the military the day before 9/11. But like many who have fought in Iraq, Allen suffered from posttraumatic stress disorder. He died of a drug overdose after self-medicating...

Author: /time Magazine | Title: Milestones | 4/23/2009 | See Source »

What the Secretary avoided in his comments regarding why the banks are not increasing lending is that he has information about bank "stress tests" that Congress does not. Geithner knows that some of the financial firms are not robust. But, it is too dangerous for him to name them into an open microphone. It could cause a panic, and drive the stocks of major banks down and cause depositors unnecessary worry. What he would say is that if some of the banks did not pass their tests, the federal government stands ready to help them if private investors...

Author: /time Magazine | Title: Tim Geithner Thumbs His Nose at Congress | 4/22/2009 | See Source »

...immediately and I thought that was unfair, [it] certainly was a misrepresentation on the part of the coaches and how they recruited me.” Furthermore, he says, “I felt like the training was a little bit ridiculous.” Witt is quick to stress that he didn’t see this as a simple intensification from high school to college football: “the [high school] division I played in, it was very serious stuff. Not to blow it out of proportion, but it’s not like I came here...

Author: By Mark J. Chiusano and Hyung W. Kim, CRIMSON STAFF WRITERS | Title: Leaving the Locker Room | 4/22/2009 | See Source »

...summer of 2004, the JPRA was even considering sending trainers to Afghanistan, prompting another SERE psychologist, Colonel Kenneth Rollins, to warn his colleagues by e-mail: "[W]e need to really stress the difference between what instructors do at SERE school (done to INCREASE RESISTANCE capability in students) versus what is taught at interrogator school (done to gather information). What is done by SERE instructors is by definition ineffective interrogator conduct. Simply stated, SERE school does not train you on how to interrogate, and things you 'learn' there by osmosis about interrogation are probably wrong if copied by interrogators...

Author: /time Magazine | Title: Report Details Pentagon Role in Torture Tactics | 4/21/2009 | See Source »

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