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...analyst Brad Hintz, who covers financial firms at Sanford Bernstein and is a former chief financial officer of Lehman Brothers. "Had it not been for the government's help in refinancing their debt, they may not have had the cash to pay bonuses." When asked, the Treasury would not comment directly on Wall Street's bonus plans, though spokeswoman Brookly McLaughlin did reiterate the bailout's intent. "There is broad agreement that the Treasury's capital purchase program was intended to strengthen the financial system and increase lending," she said...

Author: /time Magazine | Title: How Washington's Bailout Will Boost Wall Street Bonuses | 10/27/2008 | See Source »

...traffic here than anyone on our team,” she said. “I hope that you will continue to challenge whether there are problems with our design or better solutions out there, but our common objective is the same.” Spiegelman’s comment sparked criticism from several residents who questioned the University’s familiarity with the traffic problems that Allston denizens face daily. The meeting took a more optimistic turn when Kairos Shen, Boston’s popular chief planner, asked residents to not just criticize Harvard’s plan...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: Allston Meeting Becomes Heated | 10/27/2008 | See Source »

...question on everybody's mind is, what happens now?I try not to comment on current events directly. I think that we've got to progressively become a society where banks are deemed to be too precious for us, for our currency, to take too much risk. We need to have a banker who is just as responsible as someone working for the water company. Banks are going to become a utility. And banks probably will not have a lot on their balance sheet, and the risks taken will be borne by individuals like myself who have capital...

Author: /time Magazine | Title: Nassim Nicholas Taleb | 10/24/2008 | See Source »

Lewis, the former dean of Harvard College, said in a follow-up e-mail that although he hadn’t heard Burner’s statement in the debate, he thought that her comment “was an understandable form of elliptical speech, given the context and the subject under discussion...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Alum Accused of Lying in Congressional Race | 10/24/2008 | See Source »

...trying to win World War II (and too unified in support of the war) to sit through many plays about it. Even the last war that dramatically divided the nation, Vietnam, got far less attention onstage; with antiwar protests more urgent and impassioned (thanks largely to the draft), artistic comment took a backseat to political action. David Rabe, author of a memorable trilogy based on his combat experiences in Vietnam, recalls getting "turned down everywhere" before his first play, The Basic Training of Pavlo Hummel, was finally produced in 1971 by New York City's Public Theater. (The third...

Author: /time Magazine | Title: Stage Fight | 10/23/2008 | See Source »

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