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He defended the report’s timing, explaining that redesigning the library’s “labyrinthine” administrative system has been a topic of discussion at Harvard for over a decade and was not triggered by the recent financial crisis.

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Dean Smith Presents Positive Picture of FAS Finances at Faculty Meeting | 12/16/2009 | See Source »

On Monday, Citigroup said it had worked out a deal to repay $20 billion in government bailout money and terminate a loss-sharing agreement the bank had with the government for Citi's riskiest assets. Citi CEO Vickram Pandit said the moves were signs that his company was returning to...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

Citi's effort to repay the government will remove some of the stigma surrounding the firm that has evolved since the start of the financial crisis. Treasury officials say Citi will no longer be considered one of the companies that have received "exceptional assistance" from the government. That means pay...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

What's more, Citi's bid to expand in the Middle East at a time when the U.S. and the rest of the world was entering a financial crisis appears to be yet another management blunder for what was once the world's largest bank. It's also likely a...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

While not all Iranians remember Khomeini fondly, and most of the youth barely remember him at all, the late Ayatullah seems to be inching closer to the center of the political crisis in Iran. This is likely because, as with most revolutionary leaders in history, what Khomeini symbolizes to the...

Author: /time Magazine | Title: Ayatullah Khomeini Returns to Haunt Iranian Politics | 12/14/2009 | See Source »

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