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Chrin will be leaving the bank on June 15 and begin teaching full-time at Lehigh starting in the fall. "The country is in bad shape right now, and if I can help some students, that will make me feel good," says Chrin. "I can offer them a real-world perspective to what happens in the boardroom...

Author: /time Magazine | Title: Wall Street's Elite Head to Campus — for Jobs | 4/21/2009 | See Source »

...cruel.'' He had been well on the way to recovering, though. The U.S. brokered the agreement under which Aristide, who is living in Washington, was to be restored to power; it was signed on American soil, Governors Island in New York Harbor, in July. In a letter in June to American ambassadors around the world, Secretary of State Warren Christopher ranked Haitian policy among the Administration's major achievements. But now the agreement is severely threatened, just as events in Somalia have brought the Administration's foreign-policy competence under new questioning. And the timing is no coincidence. Clinton...

Author: /time Magazine | Title: In and Out with the Tide | 4/21/2009 | See Source »

...Germany. Oakley also made some progress getting neighboring African states, notably Ethiopia and Eritrea, to involve themselves in peacemaking. One project he has been assigned by Clinton is to help organize an African commission to investigate who really was responsible for the killing of 24 Pakistani U.N. soldiers in June (though the U.N. and U.S. have no doubt it was Aidid). That would enable the U.S. and U.N. to negotiate with Aidid without officially ignoring a Security Council resolution calling for the arrest, trial and punishment of ''those responsible.'' And if the commission eventually concludes that Aidid really...

Author: /time Magazine | Title: In and Out with the Tide | 4/21/2009 | See Source »

...Representative Joshua J. Nuni ’10 presented the purchasing plan to the Council during one of the closed-door executive sessions at yesterday’s meeting, he said. According to the plan, the extensive capital campaign necessary for the down-payment would begin June 1, with the payment coming Sept...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: Council Debates Proposal Publicity | 4/21/2009 | See Source »

...subscription service does not bring in enough revenue to allow rating agencies to innovate and keep up with increasingly complex financial products. Other officials have focused on fixing the mechanics of this structure. New York Attorney General Andrew Cuomo, for example, announced an agreement with rating agencies in June in which issuers simply pay for rating agencies to review the securities with no requirement to produce a rating. Relieving this pressure to produce could foster objectivity and minimize conflicts of interest. In that case, though, the problem of being paid to judge your boss’s daughter...

Author: By Noah M. Silver | Title: Risky Business | 4/21/2009 | See Source »

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