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...might have noticed a particular word missing from the speech President Obama gave on Wednesday in rolling out the Administration's massive housing-rescue plan. That word is "subprime." That might ring a little odd, considering how religiously we've been talking about the "subprime mortgage crisis" - all the loans made to borrowers with bad credit who couldn't really handle them. The thing is, subprime isn't the entire story. In fact, looking forward, it's not even the biggest problem. While the raw percentage of subprime loans in delinquency and foreclosure still far outstrips any other sort...

Author: /time Magazine | Title: Housing Crisis Moves Beyond Subprime Borrowers | 2/21/2009 | See Source »

...Handelsblad, some are fighting back with clever reinventions of the format. Take NRC Next, which editorially is a mixed bag of analysis and fun. You may get a recycled profile of Barack Obama; if it's good on Tuesday, why shouldn't it be just as good on Wednesday? During a big soccer championship you might find a daily photo of a hunky player with an appraisal of his physique by Next's female staffers. What you won't find much of is news. "Our readers know the news already," says Nijenhuis. "When there's a general strike in France...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

...Crimson showcased its skill and heart last Wednesday, when it challenged No. 3 Yale and almost pulled off an upset against the Bulldogs. Harvard fell just short of a team victory, and Yale went home with...

Author: By Jessica L. Flakne, CONTRIBUTING WRITER | Title: Crimson Competes For National Title | 2/19/2009 | See Source »

...Nick Batter ’09 is a mild-mannered college senior, studying history in Dunster and working on his thesis. But by night, actually by night he’s pretty much the same. Except Tuesday nights when he draws cartoons for the Wednesday edition of The Crimson...

Author: By The Crimson Staff | Title: Spring 2009 Cartoonists | 2/19/2009 | See Source »

Ayman Nour was released from prison on Wednesday, but not even his wife knew that he was coming home. Egyptian authorities jailed the opposition leader in 2006 on charges of electoral fraud, but his imprisonment was widely seen as an effort to silence President Hosni Mubarak's most outspoken critic. Nour's wife Gamila Ismail, who organized "Free Ayman Nour" protests, often despaired that her husband, who suffers from diabetes and other ailments, would remain in prison until the end of his five-year sentence in Cairo's notorious Tora prison. And so, when Nour finally arrived at his apartment...

Author: /time Magazine | Title: Egypt Frees a Dissident: A Gesture for Obama? | 2/19/2009 | See Source »

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