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...times the income of the average American household. Top bankers could receive as much as $1 million. Even a bond trader just out of business school could see his or her bank account enriched by as much as $170,000 this Christmas. "The firms have had an extremely difficult year," says Joan Zimmerman, a Wall Street career coach. "But they can't afford to lose talent either...

Author: /time Magazine | Title: How Washington's Bailout Will Boost Wall Street Bonuses | 10/27/2008 | See Source »

...Equity market declines are having a negative impact on the capital adequacy ratio of major banks," says Shinichi Ina, bank analyst at Credit Suisse Japan. "It will get worse in the short term because the other sectors are in severe situations, making it difficult for banks as lending amounts shrink and credit costs increase." But the new offerings have their risk. Large public shareholdings made banks vulnerable to market fluctuations during Japan's lost decade - after the real-estate and banking bubble burst in the 1990s - and the government intervened to buy shares to prevent further bank losses...

Author: /time Magazine | Title: Troubles Hit Morgan Stanley's Japanese Savior | 10/27/2008 | See Source »

...Christine, and Tom at last year’s Bacchanalia. It was a gift for my birthday from Peter and Christine. The note that accompanied it is taped on my wall above my desk. Their notes to me from birthdays, holidays, and other special occasions often got me through difficult times. Or, at least, times I thought were difficult. Many worries now seem less important when faced with the loss of Peter...

Author: By Katherine A. Petti | Title: In Loving Memory | 10/26/2008 | See Source »

...brokered with City of Boston allows the tailgate to run for only two hours before the Game begins at noon. House Committees will also be able to serve alcohol to students over 21 years of age, as they have in years past. Tradeoffs among fun, safety, and legality are difficult to balance in this circumstance, and this year’s policy seems a good compromise that allows for some fun, protects student health, and abides by the law.Having HoCos serve students alcohol is a major benefit for this year’s game. As the facilitators of house life...

Author: By The Crimson Staff | Title: Shades of Crimson | 10/26/2008 | See Source »

...That credibility, however, seriously suffered from the uproar over Strauss-Kahn's affair. That will leave him with the difficult challenge of taking up the leading role many global politicians now call for the IMF to assume, even as many of his own staffers-particularly women-continue to regard Strauss-Kahn with resentment and disdain. Proving his reformist talents in a time of crisis as he also demonstrates unimpeachably monogamous behavior will not only be vital for Strauss-Kahn to up the IMF's role in a re-regulated international finance system; it may also be essential to his hopes...

Author: /time Magazine | Title: IMF Tries to Recover from Strauss-Kahn Affair | 10/26/2008 | See Source »

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