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...bailout has become one of the most enduring controversies from the financial crisis. On Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight and Government Reform, were the payments that AIG made to banks that bought credit-default-swap (CDS) bond insurance from the firm. Members of the panel grilled Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York in late 2008, as to why he allowed...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

Chris was transported 32 miles (50 km) from San Marcos to University Medical Center Brackenridge in Austin. There a doctor told Eddie and Pita Canales that their son was paralyzed from the shoulders down. Eddie, the director of operations at the University of Texas at San Antonio bookstore, quit his job to tend to his son. He turned him over every two hours to prevent bedsores because the insurance company initially refused to pay for a pressure-supported mattress. He inserted a catheter every three hours. He gave Chris medications every six hours. He slept on the floor next...

Author: /time Magazine | Title: Texas Football and the Price of Paralysis | 1/27/2010 | See Source »

Medical School Professor Craig A. Bunnell, who works in Dana Farber’s Breast Oncology Center, said women diagnosed with early-stage breast cancer often have tumors surgically removed before the disease can metastasize. Following surgery, patients receive chemotherapy to destroy any microscopic cancerous cells traveling through the bloodstream and may also undergo hormone and radiation therapy. The dilemma, Bunnell said, is determining which patients will benefit from chemotherapy. Though many stay in remission after chemotherapy, others relapse...

Author: By Barbara B. Depena, CRIMSON STAFF WRITER | Title: Breast Cancer Indicators Found | 1/27/2010 | See Source »

Miami Beach City Commissioner Jerry Libbin seems to hope so, as he declared Jan. 20 “Harry Parker Day” in the city to thank Harvard’s heavyweight head coach for bringing his (and Radcliffe’s) crews to the Ronald W. Shane Center for a winter training trip...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Miami Recognizes Coach Harry Parker | 1/27/2010 | See Source »

After speaking and taking questions from the audience, Stiglitz signed copies of “Freefall” at the event, hosted by the Harvard Book Store and the Hauser Center for Nonprofit Organizations...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Stiglitz Faults Fed, Banks For Crisis | 1/26/2010 | See Source »

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