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...issues of creditors, employment, and the survival of suppliers are not the real problem behind the government's concerns about the ultimate fate of GM. The real concern is that what happens at the auto company sets a precedent for the next bailout of a large American non-financial company. The government has been able to stay away from completely restructuring banks by providing them with enough capital to work their way through piles of bad assets and tight credit. The process is not over. Major US banks may need tens of billions of dollars more in government assistance when...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

...TARP oversight committee appointed by Congress has already signaled some hostility about how the program has been managed which will not help Allison do his job. Elizabeth Warren, chairwoman of the Congressional Oversight Panel, has expressed grave concern about whether banks which received government money are setting exorbitant fees and interest rates for their customers. There is also a concern that the new program to buy toxic assets from banks is not set up properly to get fair value for those assets...

Author: /time Magazine | Title: A New Boss to Be Bossed by TARP Overseers | 4/14/2009 | See Source »

...some experts are cautious about the combo therapy. Their main concern is safety: Are psychotherapists really equipped to teach yoga? "Yes, but only with extensive yoga training," says Bo Forbes, a clinical psychologist, yoga teacher, and founder and director of the Center for Integrative Yoga Therapeutics in Boston. She believes that psychotherapists should have in-depth study of yoga and a strong background in anatomy and alignment to limit client injuries. Currently, there are no official licenses or standards of practice for yoga therapy...

Author: /time Magazine | Title: Psychotherapy Goes from Couch to Yoga Mat | 4/14/2009 | See Source »

SOLICITING INPUT Despite these obstacles, many community members see the Science Complex slowdown as a chance for the Task Force to reinvigorate itself—taking a more participatory role in understanding and addressing larger community concerns, such as leasing issues and development of unremarkable commercial areas such as Barry’s Corner and the Holton Street Corridor. “We need to be proactive for ourselves, not just sitting and waiting while Harvard decides if [it is] slowing down its expansion and planning,” Mattison said. “That doesn’t mean...

Author: By Vidya B. Viswanathan and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Allston Community Deals with Development | 4/13/2009 | See Source »

...officials have recently committed to a revitalization of community-wide planning efforts that had been sidelined in recent months due to concern over the Science Complex slowdown. Affordable housing, commercial development, and public open spaces are among the areas currently pegged for consideration...

Author: By Vidya B. Viswanathan and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Allston Residents Work To Find Voice as University Expansion Crawls Forward | 4/13/2009 | See Source »

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