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What's clear is that Geithner, unlike his predecessor Henry Paulson, does not face a growing chorus of voices calling for a particular plan. Initially, Paulson was reportedly in favor of spending TARP money to buy up troubled assets. But shortly after the bank rescue fund passed Congress, a flood of economists came out against Paulson's plan. Instead, most policy experts advocated a plan to inject capital into the banks by buying preferred shares. The latter strategy would be quicker to implement and would do a better job of stimulating lending. Britain was instituting a similar plan...

Author: /time Magazine | Title: How to Stop the Banks' Bleeding: No Easy Choices | 1/27/2009 | See Source »

...alongside Miller and scored five points, was also absent during Harvard’s stretch run and played just 14 total minutes.OVERTURNEDWhile Barnett’s 30 points jumped off the stat sheet, another eye-popping statistic—turnovers—may have sealed the overtime contest in favor of the visitors. The Crimson committed 17 turnovers on the night, while the Big Green recorded just six.One botched play with 1:40 to go in regulation may have been just one of those 17, but will burn in the mind of freshman guard Peter Boehm (six points). With Harvard...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: NOTEBOOK: Harvard’s Failure To Capitalize from Behind the Line Results in Defeat | 1/27/2009 | See Source »

...Harvard with his first dual meet victory of the season, topping Dean Gaier 7-2. The freshman earned two takedowns and an escape from bottom to claim the decision and tie the team score at three.Unfortunately for the Crimson, the heavier weights fell in Army’s favor, as the hosts took three straight bouts and a commanding lead. By the time Picarsic (3-2) took the mat, Harvard already trailed, 21-3, but the senior grappler maintained his focus.After building a commanding 7-1 lead to start the third frame, Picarsic scored two takedowns to close the match...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Tough Opponents Hand Harvard Dual-Meet Losses | 1/27/2009 | See Source »

...like to take this opportunity to acknowledge all my brothers and sisters who have used their democratic participation to re-found Bolivia," President Evo Morales said on Sunday night in front of thousands of exhilarated supporters after more than 60% of his nation had voted in favor of a new constitution. "Internal and external colonialism have come...

Author: /time Magazine | Title: Bolivia's Revolutionary New Charter | 1/27/2009 | See Source »

...marriage as a life issue. They have gay friends and colleagues and they don't see homosexuality as the greatest threat to marriage and family. Now, they care about marriage and family - this generation is really challenging the hook-up sexuality of their peers. But most of them favor some sort of protection for gay people and many are supportive of the idea of civil unions...

Author: /time Magazine | Title: The Rev. Jim Wallis | 1/26/2009 | See Source »

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