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...long-term obligations. The company wants to restructure its debt through a combination of a conversion offer by Ford and cash tender offers by Ford Credit. The car company will attempt to get holders of $4.88 billion in convertible notes due in 2036 to move their holdings into the common stock of the company. The debt carries an interest rate of 4.25%. At the same time, Ford Credit will begin a $1.3 billion cash tender offer to purchase certain series of Ford's outstanding unsecured, nonconvertible debt and has also begun a separate $500 million cash tender offer to purchase...

Author: /time Magazine | Title: It Was Inevitable: Ford Can't Dodge the Financial Bullet | 3/5/2009 | See Source »

...Coding boils down to assigning specific numbers to every problem (diagnosis codes) and other numbers to every treatment (treatment codes). Though the lists, in my field of orthopedics anyway, are woefully inadequate to capture how we actually think about or treat patients, they are still ponderous and complex. From common cold to brain tumor, open heart surgery to handing over an Ace bandage, there is a code that every doctor, hospital, therapist and supplier must use if they want insurance to pay them. (Read "Medical Records Go Digital...

Author: /time Magazine | Title: Electronic Medical Records: Will They Really Cut Costs? | 3/5/2009 | See Source »

...avoid that, Hungarian Prime Minister Ferenc Gyurcsány wants $230 billion in aid for Eastern members hardest hit by the crisis, and fast-track membership to the eurozone, the club of nations that uses Europe's common currency. Without help, Gyurcsány says, there is likely to be social and political unrest and a new economic Iron Curtain across Europe...

Author: /time Magazine | Title: Solidarity's End | 3/5/2009 | See Source »

...will fill a few of the gaping holes left by the class of 2008, the biggest of which depleted coach Joe Walsh’s starting rotation. The 2009 opening day lineup looks a lot different from last year’s, but the two have one thing in common: Stack-Babich in the middle of the order, just where his coach likes...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: BASEBALL '09: Senior Slugger Returns, Putting Injury Woes Behind Him | 3/5/2009 | See Source »

...asian ivy-leaguer. I know that, culturally, many asians are pressured by their parents to date within their race, and it just seems like this sort of event perpetuates that kind of close-mindedness. and i really don't think this is strictly an asian stereotype--it's common within many races/ethnicities/religions...

Author: By Charleton A. Lamb | Title: The Asian Sensation | 3/5/2009 | See Source »

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