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What's more, many of the banks getting money now appear to be in fine financial shape. U.S. Century Bank, for example, boosted its net interest earnings, a key measure of profitability for banks, nearly 20%, to $12.6 million, in the second quarter of this year. Yet in early August the government decided to send the bank $50.2 million in TARP funds. U.S. Century executives say they plan to use the money to increase lending and boost profits. "The banks that are getting the TARP money now really don't need it," says Steve Verdier, who heads government affairs...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

Sometimes you just have to bring out the big guns.Down 18-10 in the third frame of its contest against Holy Cross, the Harvard women’s volleyball (4-7) team needed a serious boost to regain its momentum and avoid dropping its second frame in a row.Enter sophomore Anne Carroll Ingersoll. The 6’2” outside hitter walked onto the court of the Malkin Athletic Center for the first time in the game and immediately dropped two kills. From there, Ingersoll helped catalyze a crescendo in her team’s play that eventually...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Volleyball Rolls Over Holy Cross at Home | 9/22/2009 | See Source »

...Washington More Space Flight, Please A blue-ribbon panel is pleading for a more robust space program in a preliminary report to the White House and NASA. Some recommendations: an extension for the International Space Station program and a boost of $3 billion a year in NASA funding. The panel says the future of U.S. manned space flight is on an "unsustainable trajectory" and that the agency's annual budget of $18 billion is not enough to support what "really is rocket science...

Author: /time Magazine | Title: The World | 9/21/2009 | See Source »

...score broke BC’s streak of almost 580 minutes without allowing a goal, and although a Harvard corner kick with time winding down was cleared, it was apparent that the road team had received a boost in confidence...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: National Power Boston College Too Much for Struggling Crimson | 9/21/2009 | See Source »

Patience will also be needed in any attempt to boost civilian control over Pakistan's all-powerful military. Although on paper Zardari is the "supreme commander of the armed forces" and the powerful Inter-Services Intelligence (ISI) agency reports to Prime Minister Yousuf Raza Gilani, these are what one senior Western diplomat describes as "constitutional fictions." Under General Ashfaq Kayani, the army has resisted intervening directly in politics, but has repeatedly asserted its clout through backstage maneuvers...

Author: /time Magazine | Title: How Washington Will Measure Pakistan's Success | 9/21/2009 | See Source »

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