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...resistance? The FASB and the SEC say mark-to-market accounting is a key to the economy's transparency, and want to proceed cautiously before changing the rules for illiquid assets. Investors are already skeptical of bank stocks. Add more uncertainty to their books, and the shares might fall further...
...long? Last week, a research organization called the American Psychopathological Association (which goes by the acronym APPA, to distinguish it from the APA) brought many of the key players in the development of the DSM-V to a conference in New York City to discuss some of the reasons the writing of the book is so complicated...
...After the team compiled a record last season that would have left a sour aftertaste in most—ending at 10-30—it seems as though a veteran with so much intensity and a desire to reverse Harvard’s fortune will be a key component in bringing more success to the team this year. Zailskas’ fearless attitude, his talent that spans the entire field, and his team-first mentality ensure that the Crimson will not lapse into the same pattern of last season.Although Harvard’s record from the weekend does...
...exist in some states, and make it easier for schools to fire underperforming teachers. We are encouraged by President Obama’s commitment to the innovative policies he proposed during his campaign and are pleased to see his willingness to challenge teachers’ unions—a key Democratic constituency—in the pursuit of a better education for young Americans...
...key figure emerging now, Seoul-based North Korea analysts believe, is Kim's brother-in-law Chang Sung-taek. Chang is close to North Korea's politically powerful military - he has two brothers who are generals. If anything, analysts believe, the military's influence has increased in recent months. The problem with that, for both Obama and the rest of the outside world, is that there is little to no evidence that North Korea's generals want to make a deal on their nuclear program - now, later or ever. The best way they could signal that point would...