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...programs from the Fed and the Federal Deposit Insurance Corp. The Fed had a mere three borrowing programs before the crisis started in the summer of 2007, when two Bear Stearns hedge funds failed. At the height of the bailout, there were no fewer than 13 programs. The New York Fed had to post them on its website sideways, using teensy-weensy type, so they would print out on a single sheet of paper...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

Nina Kucharczyk puts a new spin on being busy, even for a Harvard student. Aside from balancing classes, clubs, and a social life, the New York native is competing on not one, but two varsity athletic teams. Officially recruited for lacrosse, Kucharczyk recently joined the field hockey team as a walk-on after participating in a few practices with the Crimson squad...

Author: By B. marjorie Gullick, CONTRIBUTING WRITER | Title: Kucharczyk Welcomes Challenge of Two Teams | 10/29/2009 | See Source »

...prepare for LearnVest’s November launch, its 10 full-time employees in New York are now “working tirelessly” to put the final touches on the site after feedback from beta users, von Tobel said...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Personal Finance Web Site To Debut | 10/29/2009 | See Source »

Before globalization, there was trade. Some ports, like Hong Kong or New York, began by handling tea or opium, then progressed to manufacturing and finance. Others, like Alexandria or Pulau Run (one of the Indonesian Spice Islands that, in 1667, the Dutch swapped with the English for Manhattan) failed to move with the times...

Author: /time Magazine | Title: Touring Zanzibar's Dark Past | 10/29/2009 | See Source »

...repressive atmosphere of the Franco regime, public discussion of the atrocity - and thousands of others - was prohibited. "Even within my family - my father, my grandparents, the grandparents who went into exile in New York and came back - it was never spoken about," says Laura García Lorca, the poet's niece and president of the Madrid-based García Lorca Foundation. Even after Franco's death in 1975, a so-called pact of silence suppressed any kind of open debate about the crimes committed during his rule while the country peacefully transformed itself into a democracy...

Author: /time Magazine | Title: Exhuming Lorca's Remains — and Franco's Ghosts | 10/29/2009 | See Source »

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