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...quintessential example. Perhaps one more relevant bit here is the law that was passed earlier this year requiring banks that repossess houses to honor the terms of existing leases (i.e., to not immediately kick out any existing renters). Fannie Mae already had such a policy in place. Over the summer, an Assistant Secretary of the Treasury Department told a Senate panel that the Administration was considering rent-backs, but the idea hasn't gained traction since then...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

...international scene, Sebastien D.J. Arnold, ’10 and Simon Mahler ’10, are heading A Drop in the Ocean (ADITO), another microfinance organization that sends students to summer internships around the world in places like South America and Cambodia...

Author: By Anna M. Yeung, CONTRIBUTING WRITER | Title: The Business of Giving Back | 11/12/2009 | See Source »

...Social enterprise is a unique hybrid between learning practical business skills and effecting real social change,” said Shah, “For the interns this summer, working for INeedAPencil gave them the chance to work on a business plan […] But they also got the same rewarding sense that people get from volunteering. It’s a genuinely unique experience...

Author: By Anna M. Yeung, CONTRIBUTING WRITER | Title: The Business of Giving Back | 11/12/2009 | See Source »

...start thinking you could win the Main Event? I had dreamed about it - I think every poker player does. But I always knew winning the Main Event was a big long shot. I mean, coming out on top of a field of 6,500 players is pretty rare. This summer [when the first eight days of the Main Event were played], once it got down to about 180 people, I started thinking that I might actually be able to do it. Then, when I made the final nine, I knew it was within reach...

Author: /time Magazine | Title: Joe Cada, Poker's New Champion | 11/11/2009 | See Source »

Once notorious as a center of violence, Karachi has managed to evade the ongoing wave of vicious Taliban bombings. But few are taking chances. The luxury hotel venue was heavily fortified. And on the streets beyond, an uneasy calm prevailed where rioting over power shortages erupted during the summer and targeted killings - related to criminal, political and sectarian feuds - have risen to the highest levels in a decade. (See pictures from Pakistan's dying film industry...

Author: /time Magazine | Title: Fashion Week Comes to Pakistan Amid Mayhem | 11/11/2009 | See Source »

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