Word: claime
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...There are other apparent inconsistencies with Lewis' claim that Bank of America had little part in determining Merrill's bonuses. For example, in mid-December Bank of America senior vice president Randall Morrow sent a letter to Merrill's general counsel saying that it was the bank's understanding that the bonuses had been reduced to $3.57 billion. What's more, a former senior Merrill Lynch executive told TIME.com, before the bonuses were actually distributed in late-December a member of Bank of America's human-relations department "went over, line by line" the bonuses that were to be paid...
Harvard may be able to lay claim to the Ivy title during these two weeks... or quickly fall out of contention. Back- to-back home dates against two of the top teams in the League will serve as a mid-season gauge for the Crimson and will test the mental resolve of Harvard’s youngest players. The October 31st date with Dartmouth is already shaping up to be a de-facto championship game...
Flyby rejoiced over the new site after stumbling across a preview in which Harvard's hallowed shield was displayed prominently on the header of the home page. But, apparently laying claim to Boston's oldest football, basketball, hockey, and baseball teams doesn't buy you much love. Read on after the jump to see what went wrong...
...understandable. His plan is to do away with a system in which the Federal Government subsidizes banks and other private finance companies like Sallie Mae to lend money to students. The Administration essentially wants to cut such companies out of the game and run the system itself. Democrats claim the move will save $87 billion over 10 years, which can be used for a laundry list of education priorities, including increasing the maximum amount of Pell Grants, expanding Perkins Loans and investing in community colleges and other programs. (See pictures of a diverse group of American teens...
Separate from the ideological tussle, university officials have their own concerns about the timing of the plan. While Education Department officials claim that most schools can easily make the transition from one system to another, some financial-aid administrators are skeptical about a July 1 switchover. "All of our information for the 2010-2011 academic year is already printed," says R. Dewey Knight, the University of Mississippi's associate director of financial aid. "Colleges have a financial-aid calendar that starts in November for the following year, not in July. I think the Administration really believes you can just throw...