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Last week, Federal Reserve Chairman Ben Bernanke said the recession is probably over. But that hasn't halted the Treasury Department from continuing to dole out billions of dollars to financial firms. The latest installment came two weeks ago, when the Treasury sent nearly $75 million from the Troubled Asset...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

The Treasury Department says the TARP funds were never meant to solely prop up failing banks. In fact, officials say one of the criteria for getting funds under the TARP's Capital Purchase Program, in which the government injects money into a bank in return for preferred shares, is proof...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

Among the stately high ceilings and rare books collections of Houghton Library’s Edison-Newman Room, acclaimed poet Simon Armitage read select poems evoking images of his native English landscape before a packed audience last night. Speaking some lines with slow, measured syllables and others with rapid, beat...

Author: By Manning Ding, CRIMSON STAFF WRITER | Title: Acclaimed Poet Reads Work | 9/23/2009 | See Source »

A series of violent crimes in Boston this weekend left two dead—including a pregnant teenager—and seven injured, with four wounded after a fight involving a machete, the Boston Herald reported. However, conversations with a number of students indicate that Harvard undergraduates remain largely unconcerned...

Author: By Daniel K. Lakhdhir, CRIMSON STAFF WRITER | Title: Harvard Students Remain Largely Unaware of a String of Violent Crimes in Boston | 9/23/2009 | See Source »

Deputy Commissioner Browne said he could not comment on specifics of the case and would not be drawn into a discussion about whether the NYPD got the FBI's go-ahead to consult Afzali. The department and the FBI "do excellent work together in disrupting terrorism," he said.

Author: /time Magazine | Title: NYPD Denies It Botched a Terrorism Probe | 9/22/2009 | See Source »

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