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...Much has been made of the SEC's failure to spot trouble brewing at the investment banks that fell under its purview. An SEC rule change in 2004 - which didn't generate a lot of attention at the time and passed before Cox came along - let the five largest investment banks significantly raise the amount of money they could borrow. In retrospect, the new ratio - $40 dollars borrowed for each dollar of capital to back it up - was precariously high, considering smaller broker-dealers were capped at a ratio of $12 borrowed for each dollar of capital...

Author: /time Magazine | Title: How Much is the SEC's Cox to Blame? | 9/23/2008 | See Source »

Until now, such after-market auto modifications were the exclusive purview of fearless do-it-yourselfers (check out their work at EV Album or CalCars). But now many car dealers and repair shops will do the job for you - and consumers are lining up. Typically customers order the kits directly from one of a handful of makers, who in turn ship the components to an installer near you. At least for now, an after-market conversion is the only option if you really want to rev up your fuel economy - short of ditching your car altogether and plunking down...

Author: /time Magazine | Title: Giving Your Hybrid an Extra Charge | 9/3/2008 | See Source »

...spending cuts don't add up. REGULATION Unregulated Wall Street products like CDOs contributed to the financial crisis. How would the candidates change regulation in the financial industry? He calls for "a 21st century regulatory framework" based on six principles to improve government oversight, including extending the Fed's purview and tightening regulation of mortgage companies. He talks about "removing regulatory ... impediments to raising capital" yet also calls for reforms to "assure transparency, prevent abuse and protect the public interest." Highlights mortgage-industry reforms. MORTGAGE HELP President Bush signed a sweeping housing bill into law on July 30. Both candidates...

Author: /time Magazine | Title: A Voter's Guide to the Economy | 7/31/2008 | See Source »

Those who did not suffered consequences, although how dire is yet unclear. Shugdenpas have long claimed to have been shunned and harassed. A 1998 Amnesty International report, however, said Shugdenpa complaints fell outside its purview of "grave violations of fundamental human rights," adding that "while recognizing that a spiritual debate can be contentious, [we] cannot become inolved in debate on spiritual issues." The sect suffered a public relations setback in 1997, when Indian police were quoted in the press saying that practitioners were suspects in the ritual slaughter of one of the Dalai Lama's close associates. (The suspects have...

Author: /time Magazine | Title: The Dalai Lama's Buddhist Foes | 7/18/2008 | See Source »

...American Reperatory Theatre, a financially-struggling Harvard-affiliate whose patrons have worried would receive diminished support from the University, also falls under her purview. Diane M. Paulus '87 was hired as director of the theater last month after a protracted search...

Author: By Clifford M. Marks, CRIMSON STAFF WRITER | Title: Harvard Provost's Office Fills Vacancies | 6/22/2008 | See Source »

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