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...this makes it tough for banks to value the insurance contracts and the securities on their books. And it comes at a time when banks are already reeling from write-downs on mortgage-related securities. "These are the same institutions that themselves have either directly or through subsidiaries invested in the subprime market," said Andrea Pincus, partner at Reed Smith LLP. "They're suffering losses all over the place," and now they face potentially more losses from the CDS market...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

...something,” Green said. “Spring break is going to help us with some days off to rest up a little bit.” The squad will also be looking for its first win as it plays three matches in a week against tough competition. “It’s a break for us to improve again,” Ko said. “Hopefully we can take one of the teams there. That would be great.” Although this streak of losses has been rough on the team, Harvard...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Crimson’s Losing Streak Continues | 3/17/2008 | See Source »

...future,” Kovacs said. CENTRAL SERIES ONEThe freshman A division team of skipper Matt Donelan and crew Grace Charles recorded a third-place finish to lead Harvard to a fourth-place finish at the local-level Central Series One regatta.The teams had to endure tough conditions, including gusty winds and sleet, which caused several boats to capsize.But the Crimson remained consistent, and the A division pair recorded a win in one of Sunday’s four races. Harvard was represented in the B division by a pair of sophomores, skipper Alex Bick and crew Ali Beyer...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Follows the Wind, Posts Mixed Results | 3/17/2008 | See Source »

...went past her into the back of the net for Parsons’ 15th goal of the season.“I think it was set up nicely,” said Big Green coach Mark Hudak. “That’s a tough puck for a goalie to handle with a shooter like that.”But the Dartmouth defense couldn’t stop the bleeding for long, especially when a rash of penalties put the Big Green at a severe disadvantage. Junior Sarah Newman and senior Carrie Thompson were both sent to the penalty...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Tourney Time: Frozen Four Awaits Crimson | 3/17/2008 | See Source »

...Jason Altmire is weighing whether to wait and see what happens in his home state on April 22 or use his endorsement to try to help one candidate or the other win in western Pennsylvania. "It's a really tough decision and I think a lot of freshman, who are so new to Washington, are more apt to take their time in deciding in order to make the best possible choice," Altmire said...

Author: /time Magazine | Title: A Fight for Freshman Superdelegates | 3/16/2008 | See Source »

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