Word: bankes
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...with few options left to save the banks, government officials might see a change to mark-to-market rules as the most promising way remaining to bolster the banks and their bottom lines. What's more, relaxing the accounting requirement might make it easier for Treasury to iron out a plan to remove toxic assets from bank balance sheets...
...While TECH may provide a deep information bank of entrepreneurship resources, many aspiring student entrepreneurs on campus feel that practical training is simply unavailable for undergraduates at Harvard. With the notable exceptions of ES 147, Sociology 159, and Engineering Sciences 139: “Innovation in Science and Engineering,” the College does not offer any classes in professional business skills. Undergraduates are also largely excluded from classes across the river at Harvard Business School, which would otherwise be applicable to their business pursuits. Most students seeking this sort of training, such as accounting or strategic decision making...
First there was last winter's $168 billion economic stimulus package, followed by a $300 billion fund in June to help distressed mortgage holders. Then came $350 billion for the banks (and a little of that for the car companies), another $350 billion for the banks, $787 billion in economic stimulus and $410 billion in an earmark-packed spending package for fiscal 2009 that Congress passed on Tuesday. Dizzy? A little nauseous? So are the moderate Democrats in Congress who are usually the gatekeepers of the federal piggy bank - the same fiscal conservatives who helped lead the bipartisan coalition...
...premises of the Guilin Winter Swimming Association on the west bank of the Li River might be the epitome of architectural reticence, but there's no doubting the chutzpah of its members. Inspired by their snappy motto - "Winter swimming is a strengthening activity" - they plunge into the waters like so many excited walruses, no matter that the temperature averages 48°F (9°C) between autumn and spring. "What are you waiting for?" asks Mr. Li - clad in voluminous trunks and smile - of a passing pair of inquisitive visitors. "Have a dip. Our oldest member...
...tempting - of all the many attractions in this southwestern Chinese city, the river is its greatest. The view from the bank stretches out over not the mephitic, litter-strewn depths that often characterize China's urban rivers, but water whose clarity is as arresting as its chilliness. (See pictures of Shanghai...