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...home ownership had become over-politicized in recent years as a result of efforts by the federal government to increase ownership rates and widespread leveraging of real-estate assets. “Real financial alchemy was performed in order to transform the lead of sub-prime mortgage to the gold of a AAA-rated piece of collateralized debt,” said Ferguson, a professor of history in the Faculty of Arts and Sciences and business administration at Harvard Business School. In order to avoid future economic crises, it may be necessary to create an international financial regulatory body similar...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Ferguson Faults Fed in Failure | 11/19/2008 | See Source »

...Quai de l'Ile, above, is unlike any watch Vacheron Constantin has ever made: it's customizable and impossible to copy. Buyers can choose from nearly 400 combinations of metals and dials. (A rose-gold crown with a titanium bezel, perhaps?) And to further thwart counterfeiters, Vacheron has enlisted Roger Pfund, the designer behind the Swiss passport and banknote, to institute high-security details like offset printing and a polymer film on the crystal dial. A custom watch takes only three months...

Author: /time Magazine | Title: Personal Time | 11/17/2008 | See Source »

...don’t want that to happen again.”Friday’s loss was the first game back for Stone and Vaillancourt, who represented the United States and Canada, respectively, at the Four Nations Cup in Lake Placid, N.Y. Stone coached Team USA to a gold medal after beating Vaillancourt and Team Canada, 3-2, in the championship game.“It was very exciting,” Stone said. “I enjoyed it but it was a tough time to be away this early in [Harvard’s] season...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Crimson Falters Twice in League | 11/17/2008 | See Source »

...Adam R. Gold ’11, a Crimson editorial writer, lives in Adams House. His column appears on alternate Mondays...

Author: By Adam R. Gold | Title: Riding the Wave of the Future | 11/16/2008 | See Source »

...feed themselves. Roughly one-third of civilians live below the poverty line. Last month, many Burmese, who get their news from clandestine radio broadcasts, were shocked by a BBC Burmese service report that claimed a daughter of junta leader Than Shwe had spent more than $80,000 on a gold shopping spree in the city of Mandalay. Than Shwe himself brooks no dissent. The offense of Saw Wai, the poet who was sentenced to two years in prison? Writing a love poem published in a weekly magazine in which the first words of each line spelled out a brazen message...

Author: /time Magazine | Title: Burma Crackdown Reflects Junta's Insecurity | 11/13/2008 | See Source »

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