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...York Times has pointed out the amount of money owed to creditors at GM, some $27 billion, is about four times the amount that Chrysler had to deal with. The paper writes "General Motors' creditors number in the tens of thousands and include pension funds that bought the company's unsecured bonds." Will a court have more pity for that multitude than it would the few large firms that were Chrysler's creditors? Probably not, if justice is blind. Still, GM's list of bondholders is long enough so it could slow the pace at which a judge would...

Author: /time Magazine | Title: Chrysler Makes a GM Bankruptcy Harder | 5/4/2009 | See Source »

...closing price at the end of last October (way above what most stocks are worth now) and says it will sell them when the markets eventually go up again. "We're hoping that these deals will never have to see the light of day again," says Hugh Riley, Secretary-General of the Caribbean Tourism Organization, the body representing the travel interests of 32 nations in the region. "It's unusual for the Caribbean to have to offer these kinds of deals. Nobody makes a profit when that happens...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

...world's biggest industries, accounting for 7.6% of the world's workers (220 million jobs) and generating a staggering 9.4% of global income ($5.5 trillion). "If you look at its linkages with other sectors, you see how deeply it cuts into the economy," says Geoffrey Lipman, Assistant Secretary General of the United Nations World Tourism Organization (UNWTO). "Construction jobs, manufacturing jobs, restaurant jobs - they can all flow out of tourism...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

Hoping to attend medical school, the Pittsburgh, Pa. native studied neurobiology at the College, working to complete the pre-med curriculum. Outside of lab and lectures, Joo stayed involved in the medical community as a member of the Harvard Cancer Society, serving as a regular volunteer at Massachusetts General Hospital...

Author: By Ahmed N. Mabruk, CRIMSON STAFF WRITER | Title: Harvard Sophomore Dies Early Sunday Morning | 5/4/2009 | See Source »

...National Religious Party is another proponent of expulsion. He derided Palestinian citizens of Israel as a “fifth column,” “ticking bomb,” and “cancer.” Nevertheless, these views did not prevent the former general from being appointed as a minister of national infrastructure in 2002 and of housing from...

Author: By Nimer Sultany | Title: U.S. Lessons for Israel’s Jim Crow | 5/3/2009 | See Source »

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