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...year. In fact, the losses are so big at some of the financial firms that many market watchers are concerned that some of the largest banks will go bankrupt unless they get significantly more government assistance. Indeed, the government last week released a plan to help boost Citigroup's common equity by $50 billion. It is the third round of financial help the government has provided Citi in less than six months. Still, the bottom lines of banks, while ugly, are expected to look significantly better in 2009 than in 2008. And that's not something that can be said...

Author: /time Magazine | Title: How Financial Stocks Could Be the Market's Bright Spot | 3/3/2009 | See Source »

...discuss pros and cons - the short- and long-term consequences of not doing things with friends," says Wicksell. The kids eventually learn how to take their pain along with them to social outings - how to hold it close rather than dragging it at a heavy distance. (See the most common hospital mishaps...

Author: /time Magazine | Title: Talk Therapy for Kids' Pain: Better than Pills? | 3/3/2009 | See Source »

...effect in the record applicant numbers in recent years, a statistic that would discourage students from applying.In an additional effort to cut costs, the admissions office will also scale back on the size of information packets mailed to prospective applicants. The packets will still contain a copy of the common application and Harvard supplement—for the ten percent of students who do not apply to Harvard online—but much of the additional information will now be moved online.—Staff writer Jillian K. Kushner can be reached at kushner@fas.harvard.edu...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Admit Office Slashes Travel Budget | 3/3/2009 | See Source »

...revolving door” mentality that has characterized weapons procurement policy in recent years, especially in high-technology, high-cost programs like the F-22 Raptor and the F-35 Joint Strike Fighter. To that end, we hope that Carter can change the culture of excessive spending and bring common sense to American weapons procurement...

Author: By The Crimson Staff | Title: Harvard at the Pentagon | 3/2/2009 | See Source »

...western countries should do to help their poorer eastern neighbors. Hungarian Prime Minister Ferenc Gyurcsany has appealed for $230 billion in aid for eastern member states who have been hardest hit by the economic crisis, plus streamlined access to the Eurozone, or the 16 countries who use Europe's common currency. Without help, he says, there is likely to be a new economic "Iron Curtain" across Europe. (See pictures of the changes in Europe...

Author: /time Magazine | Title: As the Crisis Bites, Splits Open Up in Europe | 3/2/2009 | See Source »

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