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...manage real estate risk. Notably, we got individual homeowners into a leveraged position typically with their entire life savings in real estate in one city, in one house. That's very risky. I have one proposal for continuous workout mortgages. Right now we think it's a great thing if banks will give struggling homeowners a workout. Why do we only want to come in after the fact? My vision for our future is that it should be planned for and priced into the initial mortgage. We could update mortgages in a way they protect people from things beyond their...

Author: /time Magazine | Title: Yale's Robert Shiller on the Outlook for Home Prices | 5/6/2009 | See Source »

...Lorenzo Bartolucci ’11, an audience member, said that what he took away from the event was a realization of the difficulty of maintaining personal convictions in the face of adversity. “It sounds like it was easy. It sounds like it was the right thing, but hearing him speak, hearing all he had to go through to keep his religious convictions, makes you realize that it’s a whole different story to keep your beliefs,” he said...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Holocaust Survivor Recalls Experience | 5/6/2009 | See Source »

...Shakespeare play," says Norm Ornstein, a congressional scholar at the right-leaning American Enterprise Institute. "And in some ways, it will be interesting to see if a guy who feels he was tagged as a racist unfairly will listen to appeals that he not do the same thing to judicial nominees of the party that...

Author: /time Magazine | Title: Sessions Could Make Obama's Supreme Court Fight Tougher | 5/6/2009 | See Source »

...doesn't hold any of those views." Even the committee's chairman, Vermont Democrat Patrick Leahy, welcomed Sessions: "I get along well with him. I've always kept my word to him and he's always kept his word to me, and that's the most important thing...

Author: /time Magazine | Title: Sessions Could Make Obama's Supreme Court Fight Tougher | 5/6/2009 | See Source »

...former Tiger political headquarters in Kilinochchi, which has been under Army control since Jan. 1, and then to Putumattalan, just west of the current combat zone. One group had time to speak to with some of the civilians fleeing the fighting. "We need to monitor the entire thing," says Keheliya Rambukwella, a spokesman and minister in the Sri Lankan government, because, he says, media coverage has been biased in favor of the LTTE. (See pictures inside Sri Lanka's rebel-held territory...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

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