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...Bank stock bulls rest much of their case on the fact the write-offs at financial firms are slowing and the Fed is putting enough money into the credit system to restart the normal cycle of borrowing and lending. That may well be true. Those pushing bank stocks as a great investment would also say that, even though a stock like Citigroup (C) has had a great run, it is down 90% from its 52-week high. That makes it a bargain...

Author: /time Magazine | Title: Commercial Real Estate: The Banks' Next Big Problem | 3/20/2009 | See Source »

...There is a reason that Citigroup is down 90% this year and down 95% from its all-time high. The experts who really know the banking industry believe that there are still hundreds of billions of dollars or write-offs walking around the financial system waiting for big banks to run into them...

Author: /time Magazine | Title: Commercial Real Estate: The Banks' Next Big Problem | 3/20/2009 | See Source »

...proactive element to prizes? I have to say that, as unpopular as the Swedish Academy is these days, the Nobel Prize Committee has got it right in this respect: no posthumous prizes. They dole out their dough only to writers who will use the money to continue to write; they bestow their attention only on those who can directly benefit from a greater demand for their work. To the chagrin of aficionados of Borges and John H. Updike ’54, the list of accolades and honors in their biographies will never include the words “Nobel...

Author: By Sanders I. Bernstein, CRIMSON STAFF WRITER | Title: Awards Should go to the Living | 3/20/2009 | See Source »

...come back to you / South China Moon.” Its use, however, is representative of a larger theme of this new album. Co-frontmen Justin A. Rice ’99 and Christian A. Rudder ’98 share mic and songwriting duties with Rudder writing the bulk of the songs this time around, and the result is a safe, predictable work that obeys genre conventions without challenging them. “Grr…” always keeps the listener mildly engaged while making no real impact. This pattern is established on the first track...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Bishop Allen | 3/20/2009 | See Source »

...McGuire might get a little embarrassed: “Three quarters of a million fans clearly feel the same way and their attention will now turn to the actual concerts, perhaps the most anticipated in history. Up there alongside Elvis Presley in Las Vegas, Michael Jackson is about to write a new chapter in entertainment folklore.”Beyond the predictable popstar hyperbole, the promotional material tries to show why literally the whole world will have some hyper-historical, folkloric obligation to paying attention. Anschutz Entertainment Group, who is responsible for this incorrigible (yet unsurprising) selling of Jackson?...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: King of Pop Makes a Comeback | 3/20/2009 | See Source »

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