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...bonds is no longer the best use for the remaining TARP funds. Instead, he said, Treasury is looking at injecting more money into struggling "banks and nonbanks." He said he plans to use some of the remaining bailout fund to support the market for troubled car loans and credit-card debt, as well as to reduce home foreclosures...

Author: /time Magazine | Title: The Bailout Fund — Running Out of Cash | 11/12/2008 | See Source »

When students swipe their Harvard ID cards in dining halls starting this Monday, they’ll need to flip them upside down. Instead of using the large stripe, students will need to start swiping with the smaller stripe to get into dining halls, to use Crimson Cash or Board Plus, and for M2 shuttle rides. The decision to switch to the small stripe was made for security purposes, according to Harvard University Dining Services officials. “It’s just a more secure technology,” said Crista Martin, director of marketing and communications...

Author: By Eric P. Newcomer, CONTRIBUTING WRITER | Title: Dining Halls Introduce New Swipes | 11/11/2008 | See Source »

...victory speech Tuesday night. His economic advisers and new chief of staff Rahm Emanuel flanked him (he had just come from meeting with them), many smiling and nodding encouragingly, not unlike parents proudly watching their kid deliver a valedictory speech. He called on reporters by their names from a card - a rarity for Obama, who in press conferences usually just points and says "yes" - even going so far as to use the order similar to that used by President Bush: the wires first, then the networks, the hometown Chicago reporters, and then the major papers. In another notable departure from...

Author: /time Magazine | Title: Obama Plays the Part in His First Presidential Press Conference | 11/7/2008 | See Source »

Republicans over the past weeks have made it clear they'd welcome Lieberman if he chooses to defect. "Joe Lieberman is certainly going to be a wild card," Senator John Ensign, a Nevada Republican, told MSNBC last week. "And it depends - you know, we welcome Joe. I think Joe's a terrific guy with a lot of integrity and does what he believes...

Author: /time Magazine | Title: A Traitor Among Us? The Dems' Lieberman Problem | 11/6/2008 | See Source »

...Palin, an inexperienced favorite of conservatives, over alternatives who would have appealed to independents, McCain not only missed a chance to win over those voters but also undermined his greatest advantage over Barack Obama - his deep record on national security. At a critical moment, McCain simply gave the experience card away. (See pictures of Barack Obama's campaign behind the scenes...

Author: /time Magazine | Title: Looking Past Defeat: How Can McCain Recover? | 11/5/2008 | See Source »

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