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...recent report from Goldman Sachs, the firm's research analysts calculated that the best of the banking industry's toxic assets are carried on banks' books at an average of $91 (on a bond with an original $100 price). But TIME's calculations suggest that the government-subsidized buyers would pay only $70, leaving the banks with a $21 loss on each bond sold...

Author: /time Magazine | Title: Banks Balk at Selling Toxic Assets | 4/16/2009 | See Source »

...Well, he’s clearly a guy with great leadership qualities. But I met him back in 2003, so I could not suggest that I thought five years from then he would be the 44th president of the United States. My first reaction was, ‘This is the type of person we need running for office...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Plouffe Talks Family, Strategy | 4/16/2009 | See Source »

...campaigning for Tatar rights, contends that Russia is handing out Russian passports in the Crimea and could try to provoke the Tatars into providing a pretext to "protect" Russians, as it did in the Georgian enclave of South Ossetia last year. That invasion led many political analysts to suggest that Russia's next target would be Crimea, with its largely pro-Russian population. The Tatars, on the other hand, are vocal supporters of closer ties to Europe. "Many in Crimea want to be part of Russia, but we see our future as part of Ukraine," says Jemilev...

Author: /time Magazine | Title: For Crimea's Tatars, a Home That's Still Less than Welcoming | 4/16/2009 | See Source »

...This is not to suggest that the power grid can't be hacked into. In 2007, CNN reported that researchers working for the Department of Energy had mounted an experimental cyberattack against a power generator and were able to get it to self-destruct. Details of the experiment were kept from the public at the request of the Department of Homeland Security...

Author: /time Magazine | Title: How Vulnerable Is the Power Grid? | 4/15/2009 | See Source »

...President Bill Clinton before he conceded his affair with Monica Lewinsky in 1998. Lugo kept even his closest aides in the dark about the truth. As late as last weekend, presidential spokesman Emilio Camacho was telling reporters that Carrillo's paternity claims "must be false." Sources close to Carrillo suggest the suit might never have been filed if Lugo had assumed a more appropriate level of child support in the past...

Author: /time Magazine | Title: Can Paraguay's President Survive a Scandal? | 4/15/2009 | See Source »

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