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...that the credit crunch is rolling full-tilt into the real economy, even credit unions with the benefit of geography likely won't be able to escape the effects of recession. At the 66,000-member Unitus Community Credit Union in Portland, Ore., loan volume is up this year in nearly every category - 32% in mortgages, 37% in student loans, 12% in credit cards - but so are delinquencies. Since the beginning of the year, late payments have increased from...

Author: /time Magazine | Title: Bad Times for Banks Means Boom Times for Credit Unions | 10/23/2008 | See Source »

...morning after the acquisition, Kingsmill and Merriman powwowed in a café in beachside Manly. For managing director Kingsmill, high on the to-do list was meeting with Jennings and Mombassa. A founding member of the celebrated band Mental As Anything, Mombassa never formally cut ties with Mambo, but in the Gazal era they frayed to a thread. In the old days, Mombassa would fill his notepads with sketches and show them to Jennings. "Dare was willing to run with stuff that wasn't going to be commercial," says Mombassa, "because he wanted to make a point." In the Gazal...

Author: /time Magazine | Title: Born-Again Mambo | 10/23/2008 | See Source »

...Other countries have the Mafia. In Bulgaria, the Mafia has the country.' ATANAS ATANASOV, a member of parliament, on the nation's history of political corruption and violence...

Author: /time Magazine | Title: Verbatim | 10/23/2008 | See Source »

...Faust’s speech was a bold statement of Harvard’s priorities in addressing climate change, said William C. Clark, a member of the task force whose recommendations precipitated the University’s Greenhouse Gas emissions reduction scheme and the creation of the Harvard Office for Sustainability...

Author: By Cora K. Currier and Natasha S. Whitney, CRIMSON STAFF WRITERSS | Title: Back at Harvard, Gore Envisions Green Future | 10/23/2008 | See Source »

Cambridge residents turned out in large numbers to celebrate the current state of gay, lesbian, bisexual and transgender relations in the city and to advocate for further progress at a town hall meeting last night. Community members gathered at the Cambridge City Hall to provide recommendations to a GLBT Commission that was formed in February 2004 by the Cambridge City Council. The 15-member committee is responsible for monitoring the city’s policies and practices with regard to sexual orientation and gender identity. A third of the meeting was devoted to group discussions. Participants were asked to respond...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: GLBT Commission Draws Local Supporters | 10/23/2008 | See Source »

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