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...additional $50 billion in government-insured mortgages from Canada's major banks, bringing the total since the program was announced late last year to C$125 billion. Indeed the country's minority Conservative government has staked its political fortunes on the so-called Extraordinary Financing Framework (EFF), intended to counter the credit crunch by providing up to C$200 billion in credit for consumers and businesses. (Read "Canada Faces Recession - and a Political Crisis...

Author: /time Magazine | Title: What Obama Can Learn From Canada on Bank Bailouts | 2/19/2009 | See Source »

...decline in VBACs is driven both by patient preference and by provider preference," says Dr. Hyagriv Simhan, medical director of the maternal-fetal-medicine department of Magee-Womens Hospital of the University of Pittsburgh Medical Center. But while many obstetricians say fewer patients are requesting VBACs, others counter that the medical profession has been too discouraging of them. Dr. Stuart Fischbein, an ob-gyn whose Camarillo, Calif., hospital won't allow the procedure, is concerned that women are getting "skewed" information about the risks of a VBAC "that leads them down the path that the doctor or hospital wants them...

Author: /time Magazine | Title: The Trouble With Repeat Cesareans | 2/19/2009 | See Source »

...government is faced with several complex and painful decisions. Analysts believe that GM going into Chapter 11 would put hundreds of thousands of Americans at the car company and its suppliers out of jobs. To counter that, the Congress and Administration may have to keep GM on life support indefinitely. The alternative is too awful...

Author: /time Magazine | Title: GM Bailout: Billions to Put People Out of Work | 2/18/2009 | See Source »

Harvard Law School Professor Alan M. Dershowitz has called for a “counter-disinvestment campaign” against Hampshire College unless the school explicitly denies claims that their recent decision to withdraw from a mutual fund represents an act of divestment from Israel. Hampshire administrators decided earlier this month to withdraw investments from a State Street mutual fund with holdings in six companies contracting with the Israeli military, after a college student group, Students for Justice in Palestine, petitioned the school to divest because of the companies’ ties to what students called “Israel?...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Dershowitz Defends Investments in Israel | 2/18/2009 | See Source »

Barro’s distrust of government spending as an effective way to counter the recession has been echoed by colleagues such as Economics Professor N. Gregory Mankiw and Martin S. Feldstein ’61, who recently detailed his criticisms in an op-ed in the Washington Post last month entitled, “An $800 Billion Mistake...

Author: By Linda M. Lian, CONTRIBUTING WRITER | Title: Economics Profs. Split on Stimulus | 2/17/2009 | See Source »

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