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...Recently, research firm RBC Capital Markets revised its estimate for bank failures from 200 to 300 over the next three years to 1,000. RBC said it based its forecast on talks with industry experts and the amount of assets on which banks are not collecting interest as a percentage of tangible capital and loss reserves. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Guessing How Many Banks Will Fail | 2/10/2009 | See Source »

...draws 80 percent of its funding from endowments, including those of Harvard and Yale. “HEI is a piece of evidence, but the broader picture is responsibility for the whole endowment. [Bowman] put together this conference with some help from us basically to just train students in research methods,” said REP co-founder Hans J. Schoenburg. “We focused on transparency, or the lack thereof, around university endowments.” Bowman called Boston “the epicenter” of socially responsible investing firms in America. “There...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: SLAM Hosts Endowment Event | 2/9/2009 | See Source »

...role in reducing suicide within the Air Force by 60% in five years. (The overstretched Army, by contrast, is still experiencing historically high rates.) "So in the face of this economic turmoil perhaps the most important thing we can do is relieve the financial strains on individuals because research has shown that financial strain is the link between unemployment and depression and suicide...

Author: /time Magazine | Title: Suicides: Watching for a Recession Spike | 2/9/2009 | See Source »

...death toll from these bushfires eclipses the 1983 "Ash Wednesday" fires in Victoria and South Australia which claimed 73 people. Victorian fire researcher David Packham was so concerned with the looming conditions last week that he issued a warning about the extreme danger of bushfires. He says now that a series of factors lined up to produce the "worst fire conditions" he has ever seen. Those conditions include extreme heat, dry winds, lightning strikes and arson, and vast amounts of fuel which should have been burned off under controlled conditions by authorities he says. "I woke up one night...

Author: /time Magazine | Title: Horror and Tragedy in Australia's Worst Wildfires | 2/9/2009 | See Source »

...Michael Emerson, associate senior research fellow at the Brussels-based Centre for European Policy Studies, says Europe's hesitation stems from the general skepticism that the Afghan policy is on the right track. "We are at a moment of truth on what the real strategy is on Afghanistan," Emerson says. "If the question is, Can Obama get a blank check?, the answer is no." Emerson also warns that Europe's own resources are limited. "It is absolutely clear that some European countries are pathetically organized in terms of deployment, and that is a major problem," he says...

Author: /time Magazine | Title: Europe: No Blank Check for Obama on Global Security | 2/9/2009 | See Source »

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