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...effort to shore up the nation's wobbly banking system could end up costing taxpayers as much as $23.7 trillion, due to estimates for programs offered by the FDIC, federal money for Fannie Mae, Freddie Mac and other institutions on top of $7.4 trillion in TARP and other Treasury aid. A spokesperson for the Treasury Department quickly called the numbers flawed, making this the latest in the back and forth between Barofsky's oversight office - which currently has 35 ongoing criminal and civil investigations of suspected accounting, securities and mortgage fraud - and the Treasury Department over the handling of TARP...

Author: /time Magazine | Title: TARP Watchdog Neil Barofsky | 7/21/2009 | See Source »

...over the non-proliferation treaty, climate change and manufactured-goods tariffs at the WTO. The limits of mutual interests are also striking when it comes to dealing with other countries such as Iran - with whom India is planning a gas pipeline - and Burma, whom India has been supplying with aid and military hardware in return for access to its gas fields...

Author: /time Magazine | Title: Clinton's Trip to India: What's the Takeaway? | 7/21/2009 | See Source »

Months after launching a Web site billed as a tool for budget cutting transparency, Harvard's largest school quietly inserted three minor cuts to summer services at student-focused offices for sexual assault, study aid, and alcohol and drug prevention...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: FAS Trims Summer Student Services | 7/17/2009 | See Source »

...Singer, who said he has signed the petition, is also leading the recently-organized Harvard Primary Care Reform Working Group, which aims to collect and synthesize specific ideas and recommendations from individuals across HMS and its affiliated hospital community in order to aid the administration in promoting primary care education...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMS Suspends Funding for Primary Care Division | 7/16/2009 | See Source »

Obama is dangling the possibility of more federal aid for community colleges just as they are grappling with state budget cuts as well as record enrollments, as laid-off workers rush to get retraining. Many of these two-year schools, which get about 30 cents for every dollar of per-student funding the Federal Government awards to four-year institutions, have had to let go of faculty or effectively cap enrollment. (See how colleges are bracing for a financial-aid crunch...

Author: /time Magazine | Title: Obama Pushes for More Aid to Community Colleges | 7/15/2009 | See Source »

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