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...surprise, given the state of the economy, that they will be voting on yet another bailout, this time of the Big Three American automakers. It is, perhaps, cold comfort to the more than half of Americans who oppose the move that the funds will not be drawn from new debt but rather from existing dollars appropriated earlier this year in the energy bill. This is the same modernization fund the automakers were banking on to get them from SUV-land to Hybrid-world, so it's likely that come January President-elect Barack Obama will have to find or print...

Author: /time Magazine | Title: Can Congress Pass an Auto Bailout Bill Nobody Likes? | 12/9/2008 | See Source »

According to the Journal, the University’s new 30-year debt will command interest payments of 3.375 percent above U.S. government treasuries—a widely used benchmark for risk-free investments. That figure is approximately twice the premium Harvard paid on 30-year debt sold two years...

Author: By Wyatt P. Gleichauf and Clifford M. Marks, CRIMSON STAFF WRITERS | Title: $1.5 Billion in Debt Sold To Raise Cash | 12/8/2008 | See Source »

Harvard Vice President for Finance Dan Shore declined to comment this weekend on reports of the new debt sales...

Author: By Wyatt P. Gleichauf and Clifford M. Marks, CRIMSON STAFF WRITERS | Title: $1.5 Billion in Debt Sold To Raise Cash | 12/8/2008 | See Source »

...Okonjo-Iweala was asked to be the first female finance minister of Nigeria. She strove to reduce corruption and decrease the country’s immense debt, while reordering the nation’s finances despite resistance to her economic reforms...

Author: By Niha S Jain, CRIMSON STAFF WRITER | Title: Alumna Leads World Bank in Crisis | 12/8/2008 | See Source »

Additionally, the Medical School will not be able to slow spending on its fixed, non-discretionary expenditures, such as repayments on debt that was floated to fund the school’s capital projects for new construction and renovation...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: HMS Plans To Cut Most Budgets | 12/8/2008 | See Source »

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