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...month. Repaying the direct government loans well ahead of the 2015 date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary Geithner told a congressional committee that...

Author: /time Magazine | Title: GM's New Leaders: Ambitious for Change | 12/11/2009 | See Source »

Elizabeth S. Nowak ’10 practices what is called aggressive modesty. When asked a question about one of her humanitarian aid trips to Africa or sub-Saharan adventures, she tends to respond with a question to avoid talking about herself. Stories like how she instructed Sudanese midwives in newborn resuscitation and spent nights in Kenya defending her room from murderous swarms of locusts only come out in passing...

Author: By Alexander J. Ratner, CRIMSON STAFF WRITER | Title: 15 Most Interesting Seniors: Elizabeth S. Nowak | 12/11/2009 | See Source »

...UNAIDS' coordinator in Uganda, Ruben del Prado, was prematurely transferred to India after he quietly held meetings with LGBT groups about the possibility of prevention work among the community. The Ugandan government accused him of holding secret meetings with groups "that promote homosexuality." Since then, Western aid officials have been decidedly silent on the topic of homosexuality and HIV. Officials at UNAIDS, for example, say their organization has adopted a formal policy not to comment on the proposed law. A UNAIDS official in Uganda, who declined to be identified, says the group believes "quiet diplomacy" is the best approach...

Author: /time Magazine | Title: Uganda's Anti-Gay Bill: Inspired by the U.S. | 12/10/2009 | See Source »

...cappella group in Somerville, Mass., went out for karaoke on a recent weekend, members told a woman at the next table that they were there as a group - and found themselves a fangirl. "She was all excited," says co-founder Phil Dardeno, 29, a Boston University financial-aid planner, "and was asking, 'Is it like Glee...

Author: /time Magazine | Title: The Glee Factor: A Rise in Amateur Singing Groups | 12/9/2009 | See Source »

...these deals allow the Co-op to offer a significantly lower board cost than the traditional Harvard meal plan. Board was $750 this past semester, according to Robin S. Bellows ’11, while eating at a dining hall cost over $2000 per semester, according to the Financial Aid Office website...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Dinner at the Dudley Co-op | 12/9/2009 | See Source »

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