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For his part, Geithner responded that he thought the TARP program has largely been a success. "The nation's financial system is in better shape today than it was three months ago, six months ago and even on the eve of this recession," Geithner told the panel. He said adding...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

Silvers said some of the people the panel had talked to complained that the continued weakness of a number of the nation's largest banks was hurting the economy. He asked Geithner if he thought "zombie" banks were a problem. Geithner noted specifically that he didn't think Citigroup was...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

When markets plummeted across the board last fall, Harvard, along with many other investors and peer institutions, sought to reduce exposure to those illiquid, alternative assets and instead boost cash reserves for operations. Private equity holdings are especially taxing since they often require ongoing and continued capital commitments from investors...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

Corporate America has discovered that social responsibility attracts investment capital as well as customer loyalty, creating a virtuous circle. With global warming on the minds of many consumers, lots of companies are racing to "outgreen" one another, a competition that is good for their bottom lines as well as the...

Author: /time Magazine | Title: For American Consumers, a Responsibility Revolution | 9/10/2009 | See Source »

The British SAS team, which had one commando killed during the firefight, according to NATO officials in Kabul, flew off in a helicopter with Farrell but left Munadi's body behind. The translator's grieving relatives made the dangerous journey from Kabul to Kunduz to pick up the body. Munadi...

Author: /time Magazine | Title: Questions About Reporter's Rescue in Afghanistan | 9/9/2009 | See Source »

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