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...Geithner's backers note that he took over an office that was drowning in crises and has had to address failing banks; impossible-to-price toxic securities; a continuing auto-bailout program; woes at Citigroup, AIG and other financial houses; a housing crisis; and an upcoming G-20 summit all at the same time. Even his detractors admit that the to-do list is the deepest any Treasury boss has faced in 80 years...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...Address the anger. The public is mad about having to bail out the financial institutions who got the world into this mess - and the recent revelations about payouts to fat-cat executives at AIG, RBS and elsewhere are stoking the anger. It's time for some symbolic action. One suggestion: an agreement that every firm receiving taxpayers' money should pay its employees the same as other public-sector workers, such as teachers. That would assuage public fury, and provide an incentive for the banks and insurers in question to sort out their problems fast...

Author: /time Magazine | Title: The G20's Chance Meeting | 3/19/2009 | See Source »

...comedian said. “Pursuing money isn’t sane,” he later warned. Speaking after the event, Black expressed disdain for the number of students entering business fields for the sake of financial gain. Yesterday’s appearance began with a short address, after which Black conducted a long question and answer period, discussing comedy and his career. Pointing to his experience teaching theater, Black remarked several times that, had he not become an entertainer, he would have liked to become an educator. The noted humorist said that the thing he loves most about...

Author: By Laura M. Fontanills, CONTRIBUTING WRITER | Title: Comedian Black Visits Kirkland House | 3/19/2009 | See Source »

Faculty members added that the Business School has taken many steps in the past to revise the curriculum and address previous concerns...

Author: By Shambhavi Singh, CONTRIBUTING WRITER | Title: HBS Responds to Article | 3/18/2009 | See Source »

Though I am proud to be Chinese, I fundamentally disagree with the way in which these organizations responded to the messages left at the party. The rally was a symbolic and reactionary gesture that did not begin to address the underlying, Harvard-specific issues that may have incited these incendiary comments in the first place. Though it may have raised some awareness about issues of discrimination and intolerance, the blanket statement it issued against racism was so uncontroversial as to be ineffectual—in the end, the rally was just action for action’s sake...

Author: By Marion Liu | Title: Only the First Step | 3/18/2009 | See Source »

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