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...part of its effort to reorganize under Chapter 11 of the bankruptcy code, GM has named Al Koch, a partner in J. Alix & Associates, a Detroit-based turnaround firm, to serve as chief restructuring officer. Koch, who has served as the undertaker for dozens of other firms over the years, including Kmart, will be responsible for laying to rest what is already being quaintly referred to as the old GM and what will no doubt be a mountain of liabilities. (See pictures of GM factory-scapes...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...system of racial apartheid in South Africa, Harvard’s graduating classes in the mid-1980s sought to bring the issue closer to home. Beginning with the class of 1983, graduating seniors created an alternative fund to the traditional senior gift called the Endowment for Divestiture in an effort to pressure the University to divest its endowment funds from companies doing business in South Africa—a call that echoed the United Nation’s similar recommendation...

Author: By Brittany M Llewellyn, CRIMSON STAFF WRITER | Title: 1984 Senior Gift Meets World Politics | 6/2/2009 | See Source »

...According to Claude D. Convisser ’84, some seniors in the class of 1984 also chose to continue donating money to the fund in an effort to sustain pressure on the University to divest from South African companies...

Author: By Brittany M Llewellyn, CRIMSON STAFF WRITER | Title: 1984 Senior Gift Meets World Politics | 6/2/2009 | See Source »

...Admissions and Financial Aid William R. Fitzsimmons ’67 declared the SAT an incomplete gauge of a student’s college-readiness and we wholeheartedly concurred. Then, upon learning that Baylor University had recently paid almost 900 incoming freshman to retake the SATs in an effort to raise the school’s US News & World Report ranking, we denounced this standardized test-gerrymandering as toxic. Unfortunately, this type of behavior is merely a distasteful product of an unhealthy and unwarranted cultural emphasis on test scores...

Author: By The Crimson Staff | Title: From Student Loans to School Uniforms | 6/2/2009 | See Source »

...hegemony in Asia, deterring it will be more complex than simply augmenting our already-enormous defense budget. A promising grand strategy to constrain China’s growing clout might couple offshore balancing—building a partnership of other powers opposed to Chinese dominance—with an effort to counter China’s unique methods of espionage. And while there is nothing objectionable in anticipating strategic challenges, Washington should not magnify its own insecurities to an extent that it worsens Sino-American relations...

Author: By Nicholas Tatsis | Title: Managing China? | 6/2/2009 | See Source »

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