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...President Obama, in an interview on 60 Minutes, indicated that cooler heads were prevailing. Although he took pains to take AIG and Wall St.'s actions to task, he also suggested that the proposed bill from Congress would use the tax code to penalize a specific subset of people and would be contrary to good public policy. "Well, I think that - as a general proposition, you don't want to be passing laws that are just targeting a handful of individuals. You want to pass laws that have some broad applicability. And as a general proposition, I think you certainly...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...nothing but the unsolvable end sum of a complex mathematical algorithm by which they will be assigned a place of living. And for others, it’s just an annoyance; a lack of perfect information in Harvard’s centrally planned real estate market. But for one subset of the freshman class, Housing Day is the culmination of an intensive, nearly year-long study of Harvard’s winding social staircase. For these climbers, today is one of the most crucial exams of a Harvard career—and there’s no curve. Alexander...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: Bystander: Climbing the Housing Ladder | 3/18/2009 | See Source »

...News. Obama's staff vowed more recently that the further infusion of taxpayer money into AIG, a firm now 80% controlled by the Federal Government, was appropriate and necessary. And now Obama was faced with the fact that his new executive-compensation policy, which applied to only a narrow subset of executives at a few institutions, was powerless to stop the worst violators at AIG from getting their undeserved payday. (See the worst business deals...

Author: /time Magazine | Title: Obama's AIG Outrage: All Talk, No Action | 3/17/2009 | See Source »

...from professors and administrators, rather than specific grievances.Law School Professor Carol S. Steiker ’82, who served as president of the Law Review when Kagan was supervising editor, says the competitive atmosphere was a source of discontent among her fellow students. As a result, only a small subset of the student body, such as many members of the elite Law Review, felt they received attention from the aloof faculty.“The people who were stars got a lot of pats on the back,” Steiker says, “but those who weren?...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERS | Title: Kagan's Legal Legacy | 2/27/2009 | See Source »

Many criminals, Hare explains, suffer from some form of antisocial personality disorder, a condition that causes them to behave impulsively and aggressively and generally commit violent crimes. Within that group, a subset also exhibits psychopathy, a coldness and lack of empathy for the people they hurt. They are the ones most likely to commit repeat violent crimes. The smallest group of all is the people who suffer from psychopathy alone - indifference to others, without the violence. These, says Galietta, are the "white-collar psychopaths." And that group is an incubator of Madoffs...

Author: /time Magazine | Title: Putting Bernie Madoff On The Couch | 12/31/2008 | See Source »

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