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Citi is not the first bank to hit the wall. When Washington Mutual, which had a balance sheet less than a third the size of Citi's, went down, the FDIC immediately flipped the company to JPMorgan Chase. But marrying off Citi was not a viable option. "There isn't anyone to hand Citi to," says Roy Smith, a professor of finance at New York University's Stern School. "This is the King Kong of banks." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Five Questions (and Answers) About Citi's Bailout | 11/25/2008 | See Source »

...right post. The play developed thanks to the physicality of sophomore Matt McCollem, who knocked the puck free from a Cornell player with a big hit in the neutral zone. Freshman Peter Starrett dumped the loose puck into the Big Red zone for the assist, letting Biega chase it down behind the net. That would prove to be the lone goal for Harvard, as Cornell scored less than four minutes later to even the score. The Big Red added another unanswered goal before shutting the Crimson down in the third period and preventing the team from establishing any rhythm...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Second Period Penalties Insurmountable | 11/23/2008 | See Source »

...moment became playful. Near the end of the story, after the park has fallen apart, the movie contains a scene in which the park’s founder, John Hammond, shares ice cream with paleobotanist Ellie Satler. In the play’s version of the scene, Satler (Rose Chase)—who has fluctuated from timid to nymphomaniacal to bloodthirsty—devoured a tub of ice cream with her bare hands. Hammond (Ed Schrader), a frequent fourth-wall breaker who had just finished an extended Bob Hope routine, came up from behind and tried to snuggle with...

Author: By Joseph P. Shivers, CRIMSON STAFF WRITER | Title: 'Jurassic' Parody a Low-Budget Laugh | 11/21/2008 | See Source »

...lenders insist they need neither carrot nor stick to do what's right in this emergency, and indeed, many banks, including JPMorgan Chase, Citigroup and Wells Fargo, have already instituted loan-modification programs (if only, critics say, to head off any government-imposed solution). "We've always been committed to foreclosure outreach," says Joe Ohayon, vice president at Wells Fargo Home Mortgage, one of seven lending institutions that voluntarily took part in the Miami Gardens clinic and have won praise from Miami Gardens officials. "And we're just as committed to working with the cities, because they're viewed...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

...chalk to eat, and they apparently make them eat at desks! (How do you eat like that?) These Yalies even stooped so low as to send some of their goons (presumably from New Haven Community College...or WAIT, isn’t that Yale?!) dressed in HUPD costumes to chase us down. As we ran off Yale’s campus, we saw the final mark of shame. They couldn’t even get their sign right! It said “Welcome to the Harvard Quadrangle”! Idiots...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERSS | Title: Prestige and Mobility: A Tale Of Two Cities, Including One That Sucks | 11/19/2008 | See Source »

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