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...loss could potentially be much bigger. Current rules require banks to hold assets that trade on their books at the value they would fetch if a bank had to sell them to another investor. Loans typically don't trade, so the rule typically only applies to stocks or bonds a bank might happen...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

...added that while institutions could have boosted their liquidity to hedge against extreme downturns, such a move would come at the cost of long-term investment returns.“I don’t know if anybody has a particularly good answer to that trade-off,” Scudder said.With the global financial market in free fall and the University’s endowment shrinking by at least 22 percent over the course of four months, Harvard issued $1.5 billion in taxable bonds on Dec. 5 and another $1 billion in tax-exempt debt five days later, bringing...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Debt Sales Draw Mixed Reactions | 3/31/2009 | See Source »

...cost has been the elimination of the junior seminar program,” he said, describing it as a “trade-off?...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Econ Department To Cut Junior Seminars | 3/31/2009 | See Source »

...unwilling to pay.) So the chimps either continue their subterranean existence or are sold into lives of inflicted disease in biomedical research, lives of labor in roadside menageries and exotic animal “attractions,” or lives of exile from nature in the exotic pet trade...

Author: By Lewis A. Bollard | Title: The Chimp Charade | 3/31/2009 | See Source »

...dangers of this trade are manifest. Chimpanzees are reservoirs of exotic, communicable diseases, from Herpes B to monkey pox and the Marburg virus. They are also five to seven times stronger than a person of equivalent size and can turn aggressive at the slightest provocation...

Author: By Lewis A. Bollard | Title: The Chimp Charade | 3/31/2009 | See Source »

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