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...borrowers who have undergone a higher reset are nearly three times as likely to default as those who haven't. "Some of the damage has already been done," says S&P managing director Diane Westerback, "but the loss projections are increasing." (See TIME's special report on the World Economic Forum in Davos...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

Ethan A. Kruse ’12 may spend hours each week in front of a computer screen—but he’s not dallying on virtual playgrounds like World of Warcraft or Counterstrike. The astrophysics concentrator has far loftier preoccupations —literally...

Author: By Brandon M. Law, CONTRIBUTING WRITER | Title: Ethan A. Kruse: Turning His Eyes to the Sky | 2/19/2010 | See Source »

...know that Facebook is en route to taking over the world when politicians start putting up advertisements for themselves on its sidebar. Stephen Pagliuca, unsuccessful candidate for the U.S. Senator seat formerly occupied by Mass. Senator Edward M. Kennedy ’54-’56, was recently spotted encouraging users on Facebook to “Become a Fan.” Now we have to wonder, is Pagliuca gearing up for another...

Author: By Jessie J. Jiang, CRIMSON STAFF WRITER | Title: Steve Pagliuca Running Facebook Ads (and for Office?) | 2/19/2010 | See Source »

...make sure that folks like the missionaries don't get many more chances to even try it. As coordinator of the separated-children program in Haiti for UNICEF, the U.N. Children's Fund, de la Soudiere recently initiated a campaign to register Haitian youths, who were among the world's most vulnerable to trafficking even before the quake. The registry will be much like the one crafted in the wake of the tsunami that devastated Southeast Asia in 2004, but its purpose is more far-reaching than reuniting lost kids with relatives. The Haiti list, begun about two weeks...

Author: /time Magazine | Title: UNICEF Seeks to Keep Kids Out of Haiti Orphanages | 2/18/2010 | See Source »

...Dominican legal adviser, Jorge Puello, is wanted in both the U.S. and El Salvador on human-smuggling charges. (He denies the accusations.) In an interview with TIME, Haitian Prime Minister Jean-Max Bellerive did not criticize the judge's decision but said the case has at least reminded the world that "we had a disaster here, but we still have laws. We won't accept people trying to take advantage of this disaster to traffic children...

Author: /time Magazine | Title: UNICEF Seeks to Keep Kids Out of Haiti Orphanages | 2/18/2010 | See Source »

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