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It’s time for Harvard students to rise up like our predecessors to protest our modern equivalent—the cuts to hot breakfast. After all, the usurpation of our morning meal has a historical precedent, too. In the late 1970s, the university, facing budget cuts and an...

Author: By Jeffrey J. Phaneuf | Title: Behold, Cold Breakfast Stinketh! | 12/16/2009 | See Source »

Finally, the deal Citi struck with the government may indicate to investors that the bank is actually in worse shape than many thought. To exit TARP, Bank of America was required to raise $18.5 billion in new capital, or about 40% of the $45 billion in capital it repaid the...

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

It may have been a much shorter growth opportunity than Pandit and Citi thought. A few months ago, Verme was reassigned to London (though he has been promoted to ceo of all Citi's business lines across Europe, the Middle East and Africa, and Citi stresses he is "one of...

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

Over the past four years, churches that support Advent Conspiracy have donated millions of dollars to dig wells in developing countries through Living Water International and other organizations. McKinley likes to point out that a fraction of the money Americans spend at retailers in the month of December could supply...

Author: /time Magazine | Title: Church Group Attacks Christmas Commercialism | 12/15/2009 | See Source »

Lately, Whitman's wealth hasn't been as controversial as the way she is spending it. So far, she has injected $19 million of her money into a campaign that could end up costing $50 million or more. (She has raised more than $7 million.) She has alarmed longtime GOP...

Author: /time Magazine | Title: Is California Sold on Governor Meg Whitman? | 12/14/2009 | See Source »

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