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...mark, Roosevelt had instituted the "fireside chat" tradition, called Congress into a three-month-long special session and passed 15 pieces of major legislation - the beginning of what would come to be known as the New Deal - which created everything from the Tennessee Valley Authority to the Federal Deposit Insurance Corporation. With farm credits, federal works projects and new financial regulations in place, the U.S. of June 1933 was a substantially different place from that of 100 days earlier. (See a special report on Obama's first 100 days...

Author: /time Magazine | Title: The 100-Day Benchmark: It All Started with Napoleon | 4/29/2009 | See Source »

Overall, negotiations between Eleganza and the booking agency have been peaceful according to Nicholas J. Navarro ’10, one of the show’s executive producers. Fabolous’ representative returned half of the deposit on Saturday and the remainder of the money is due to be returned by the end of the week...

Author: By Beverly E. Pozuelos, CONTRIBUTING WRITER | Title: Fabolous a No Show at Eleganza | 4/27/2009 | See Source »

...judgment" and documentation, and encouraging them in this economy to consider students with special circumstances. "The ones who have been appealing right now have been in dire straits," says Bobbi Carpenter, director of financial aid at Virginia's Sweet Briar College. "They don't want to make the $500 deposit knowing they're not going to be able to afford us." (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: In Trying Times, Colleges Willing to Boost Financial-Aid | 4/24/2009 | See Source »

...With May matriculation deadlines fast approaching, does putting down a deposit mean you're out of luck if your finances are still in flux? Not necessarily. Many colleges keep reevaluating students' aid packages throughout the year. For instance, Rod Frantz, who works in marketing and public relations in Washington, applied for extra aid this spring for his son, Charles, who is a sophomore at Grinnell. Frantz had put a full-time marketing job on hold two years ago to self-finance a pet project. By the time he was ready to get back into marketing, the economy had tanked...

Author: /time Magazine | Title: In Trying Times, Colleges Willing to Boost Financial-Aid | 4/24/2009 | See Source »

Much of the shadow-banking system is now gone or in hibernation. Two of its leading institutions, Goldman Sachs and Morgan Stanley, have become commercial banks. With fewer competitors, banks have a lot more pricing power, while Federal Reserve lending programs and Federal Deposit Insurance Corporation (FDIC) guarantees of deposits and bank-bond issues have sharply lowered funding costs. Net interest margins appear to be turning the corner, and as a result, it is not inconceivable that banks will be able to steadily earn their way out of their problems over the next few years...

Author: /time Magazine | Title: Hooray for Boring Banks | 4/23/2009 | See Source »

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