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After weeks of twists and turns in the battle for control of General Motors' European unit Opel, the U.S. car giant finally made up its mind Thursday and decided to sell a majority stake to a bid headed by Canadian car-parts firm Magna, albeit with strings attached. The deal came as something of a surprise; over the past few days there has been feverish speculation in Berlin that GM had decided to hang onto Opel in Germany as well as its Vauxhall brand...

Author: /time Magazine | Title: GM Accepts Canadian-Russian Bid for Opel | 9/11/2009 | See Source »

...appropriate to print. Officially, a college newspaper such as ours retains the legal right to print whatever it so chooses, with the understanding, of course, that anyone might be sued for defamation. But whether incendiary material of this sort should actually appear in print is a different question altogether, albeit with a simple answer in this case. Can The Crimson publish an advertisement like Tuesday?...

Author: By The Crimson Staff | Title: Obligations of the Press | 9/9/2009 | See Source »

...Wall Street argues, albeit on weak ground, that the new model does in fact learn from the lessons of the last decade. In the mortgage-backed security market, subprime loans functioned as adversely selected “lemons,” and the mortgages most likely to fail were the ones most likely to compromise the integrity of the securitized assets. In this new market of life insurance securities, it is instead the healthy insurance candidates who are the liability. This time, to offer life insurance to the physically unhealthy—in other words, the “subprime?...

Author: By Ashin D. Shah | Title: The Future of Finance? | 9/8/2009 | See Source »

Modern-day telethons have been distilled down to shorter, albeit star-studded, benefit concerts to respond to specific catastrophes - 9/11, Hurricane Katrina, the Indonesian tsunami, Australian bushfires - but none have had as lasting an effect as the MDA telethons, which have raised more than $1 billion to date. And if the pity party gets to be a bit too much, follow Lewis' own words from a 1990 broadcast: "If you find I'm annoying, I'm getting to you, you've got a remote-control clicker...

Author: /time Magazine | Title: Telethons | 9/7/2009 | See Source »

There was something different about the resurrection of Dinosaur Jr. even from its abstract beginnings. Before Pavement brought the slacker ethos to its natural, albeit eccentric climax, the reformed hardcore punks J. Mascis and Lou Barlow, along with drummer Murph, sculpted murky, long-range guitar workouts for the laid-back and the incidentally employed. Mascis’ twangy intonation rendered the kind of vocal performance that seemed as surprised as the listener with the craggy and uncompromisingly melodic. Not unlike the generation of grunge bands it inspired, it never seemed meant to last. Well-beloved but critically understated in general...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Dinosaur Jr. | 9/4/2009 | See Source »

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