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...replace the borrowed shares. They have been disparaged as vultures, rumor mongers, cheats and criminals. But they have not, by and large, been wrong in their choice of targets. Bear and Lehman died because they were undercapitalized. Merrill's own mismanagement helped to chase it into the arms of B of A. Yet in the case of AIG, the argument is that the company would have remained afloat had its stock price not been driven down, which triggered a credit downgrading that then required AIG to raise $14 billion in capital overnight to meet collateral requirements on its credit default...
...believe Bristol Palin's pregnancy is a family matter. Yet Governor Palin decided to accept McCain's offer to be his running mate knowing her daughter's pregnancy would become fodder for the press. Who thinks it's O.K. to put a 17-year-old girl through this? Christopher B. Romeo, Knoxville, Tennessee...
Wright taught himself how to play piano (and several other instruments) as a jazz-mad child growing up in London, and brought a sense of improvisation to the R&B group he formed with school friends Roger Waters and Nick Mason. When Syd Barrett joined in 1965, the band was renamed and redirected, matching Barrett's weirdness and whimsy with orchestral swells and experimentalism. After Barrett left the group because of mental instability and was replaced by Gilmour, the cohesiveness at the core was never quite the same. Waters seized creative control and reportedly threatened not to release...
...years, Harvard University Dining Services has been decreasing its use of trans fats in its offerings. In the fall of 2007, HUDS completely eliminated trans fats from its menu. Debates about implementing a similar ban in Cambridge have yet to reach a conclusion. Several restaurants, including Grafton Street and b. good, already prepare their meals without trans fats. B. good’s General Manager Mike Mendez said that foregoing trans fats improves taste and lowers costs, as restaurants do not need to buy frying oils. Grafton Street’s executive chef Matthew Richey said he also believes meals...
...significantly impacted by who ends up in the White House,” Zafran said. The attendees understood the need for youth engagement. “If we’re going to make a difference, then every single person needs to get involved,” Abigail B. Lind ’12 said. But it was Vilsack who issued the most urgent call for action. “You can make history,” he said. “And shame on you if you don’t.” —Staff writer...