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...July 15, one of the nation's largest lenders to small businesses, CIT, said the government was unlikely to save it from bankruptcy. The company could still find a private investor to swoop in and rescue the firm. By some estimates, CIT has to find as much as $6 billion in new capital - and fast - to keep the lights on, and in this economy, most investors are betting that's not likely. CIT shares have fallen 90% this year, and traded around 40 cents on Thursday. A bankruptcy, some say, could come before the weekend. And that has many people...

Author: /time Magazine | Title: In CIT Woes, Some See Restart of Financial Crisis | 7/16/2009 | See Source »

Were some super advanced alien civilization to swoop down to Earth with the definitive explanation of everything in the cosmos, there’d be excitement at first—it would be thrilling to have answers to questions we’ve tussled with through the ages. But in short order, scientists worldwide would be utterly depressed. With no remaining mysteries, the scientific journey would halt...

Author: By Brian Greene | Title: Questions, Not Answers, Make Science the Ultimate Adventure | 6/2/2009 | See Source »

Hyman said that it is important for Harvard both to remain competitive and to retain current faculty members lest peer institutions swoop in to lure away star faculty...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Admins Stay Mum on Salaries | 5/18/2009 | See Source »

...Senator Arlen Specter's shocking announcement that he was switching parties. But in his home state of Pennsylvania, Specter's news received a much more measured reception from his new party colleagues. Perhaps that isn't all that surprising considering that Specter, a longtime rival, had in one fell swoop effectively won the Democratic nomination for next year's Senate race...

Author: /time Magazine | Title: Pennsylvania Democrats Reserved on Specter | 4/29/2009 | See Source »

...With proclamations like this, Ocampo positioned himself as a rescuer who could swoop in and immediately change Sudan. He implied that tomorrow things would be different. Tomorrow Darfuris would not be destroyed and would have hope. It is not that easy. Even if the situation had improved, Ocampo’s individualistic view of the indictment process would still be untenable. It overestimates the impact of one body—whether it is Ocampo or the ICC on al-Bashir or al-Bashir on Darfur. The recent backlash does not invalidate international law as a force of justice. It invalidates...

Author: By Noah M. Silver | Title: Collaborative Justice | 3/17/2009 | See Source »

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