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...from the operations of the company the amount of the retention awards just paid." It appears that AIG's penalty will be that the Treasury will force the insurance company to pay the Treasury back with money the Treasury has already given it. Congressman Barney Frank struck a strident tone when he proposed that the government enforce its right as owners of the company. In a briefing, Frank contended that the government should exercise this right as the majority shareholder and deny payment for breach of contract. In an appearance on Face the Nation, Frank proposed that in order...

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

...Ayatullah's haste to get an answer into the public realm, and the cold-water tone of that answer, may be aimed at a domestic audience, with the purpose of holding the line and preventing the new, more open U.S. posture from causing divisions within Iran's power structure. The fact that Khamenei emphasized Washington's continued "unconditional support" for Israel as among the examples of continued U.S. hostility underscores his domestic political intention. Previous diplomatic initiatives from Iran's leaders suggest that they don't seriously imagine that Washington will alter its support for Israel, but Khamenei, by citing...

Author: /time Magazine | Title: Obama's Overture to Iran: Why Khamenei Won't Budge | 3/23/2009 | See Source »

...corrosive fury runs through the book, holding an irresistible sway over the reader, and Boyle himself, apparently. When the narrative turns to other characters, the memory of Maude’s madness and spiritual degradation colors the rest of the book. Despite its masterful evocation of character and tone, “The Women” does not gain a sense of focus that is as compelling as the personalities that color its pages until the last section of the book. This section is devoted to the numinous Mamah, the woman for whom Wright left his first wife...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: Novel Reveals Wright's 'Women' | 3/20/2009 | See Source »

...parallels between the two films work. Big Beach may be a one-trick pony, but the trick is excellent; the mix of quirky personalities, preposterous situations, biting sarcasm, and slapstick is every bit as effective as it was three years ago. The difference here is the increasingly somber tone of the plot. The “Little Miss Sunshine” pageant threatened a young girl’s self-image, but these characters’ decisions affect their entire futures. “Sunshine Cleaning” evokes less laughs and perhaps more reflection than its counterpart...

Author: By Victoria J. Benjamin, CRIMSON STAFF WRITER | Title: Sunshine Cleaning | 3/20/2009 | See Source »

...entitled “Rainbow Everywhere.” A voiceless introduction to the album, the piece jumps between electric frequencies underneath heavy static and hovers around just a couple of simple chords. The track ends up sounding awfully reminiscent of an elongated modem dial-up tone. Similarly, the incessant static buzz of “More Fur,” with no tune or beat of which to speak, comes off as a four-minute sample of a bored child playing with a badly-wired microphone.This is not to say that boredom cannot act as a source of inspiration...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: Wavves | 3/20/2009 | See Source »

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