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During the banking crisis of 1992, Sweden forced its banks to write down all of its toxic assets, took an equity stake in a handful of the largest banks at the cost of their shareholders, and eventually resold the healthy assets on the public market. Since the government held the reckless banks and their shareholders accountable, some officials say that, after the banks were reprivatized, the total cost of the bailout was close to zero...

Author: By The Crimson Staff | Title: (Don't Fear) the Receiver | 2/27/2009 | See Source »

...disclosure" is much more a Proustian exercise in creative recollection than a marshaling of the facts. After all, Peter is an imaginative soul, and he knows it--that's what got him into this mess in the first place. "When you are a seat-of-the-pants memoirist," he writes, "you don't write about your life; you live your memoirs. You begin to feel that you and your account of yourself are one, like a mythical beast...

Author: /time Magazine | Title: Eric Kraft's 'Flying' | 2/26/2009 | See Source »

...reach to wonder whether the Post cartoonist was inferring that a monkey wrote it.' Civil rights leader AL SHARPTON, slamming the New York Post for an editorial cartoon that depicted the police shooting of a chimpanzee with the caption "They'll have to find someone else to write the next stimulus bill...

Author: /time Magazine | Title: Verbatim | 2/26/2009 | See Source »

...Oxygen deprivation rendered him mute and quadriplegic at birth, forcing him to write with a "unicorn stick" strapped to his forehead. Yet Christopher Nolan, 43, became a literary sensation, besting authors like Ian McEwan and Seamus Heaney to capture the 1988 Whitbread Award for his autobiography, Under the Eye of the Clock...

Author: /time Magazine | Title: Milestones | 2/26/2009 | See Source »

...While I suspect that the majority of Stanford Daily readers are actually middle-aged women, I have this fantasy that if I can write a sexy, provocative column that showcases my deliciously snide wit each week, I will have hordes of eligible young literary bachelors knocking on my co-op door...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies (and Stanford) | 2/26/2009 | See Source »

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