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...European business. Under the deal, Opel will be placed in a trust and the German government will provide a bridging loan of $2.1 billion (€1.5 billion) to provide Opel with emergency funding and keep GM's European operations running. On top of that, the German government will give $4.3 billion (€3 billion) in loan guarantees. The Canadian firm would own 20% of the new group, Russia's biggest lender Sberbank would have a 35% stake, GM would keep a 35% stake in its European arm, and Opel workers would have 10%. (See pictures of the dangers of printing...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...basket and comfortable from beyond the arc.“It may have been the worst half of basketball in my 27 years,” Harvard coach Kathy Delaney-Smith said after the game. “Princeton was laughing at us.” One can give various technical reasons for the Crimson’s atrocious opening half—sluggish rotations and adjustments on defense, rushed shots on offense, or failing to make the extra pass. It is not as easy to explain, however, why Harvard re-emerged from its locker room with a confident swagger...

Author: By Justin W. White, CRIMSON STAFF WRITER | Title: COMEBACK GAME OF THE YEAR: 22-Point Comeback Stuns Princeton | 5/31/2009 | See Source »

...parmesan skills. Here’s the list of Yale’s skills: pthhhhhhhhhhhhhh! I just farted on them with my farting skills, thereby, destroying all of their skills. A thousand and one Yalies walk into a bar, and they’re like, “Barkeep, give me a beer, pretty please.” And the barkeep is like, “Sorry, can’t give you one old Eli.” And the Bulldogs are like, “Oh why not, good sir?,” and the barkeep says...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: PARTING SHOT: No Place for Yale In Wally’s World | 5/31/2009 | See Source »

...impossible for American intelligence to understand the North's military, the people who keep Kim in power. Military officers are rarely let out of the country, and when they are they travel in pairs, preventing any possibility of making contact. To give you an idea just how impenetrable the military is, North Korea is the only country in the world that can execute large deployments while maintaining radio silence. If it can enforce discipline like that on the military, it's not surprising that it has no problem keeping its nuclear secrets. (See TIME's photo-essay "North Korea Goes...

Author: /time Magazine | Title: Time to Face Facts on Our North Korea Ignorance | 5/31/2009 | See Source »

...Seven wins and one tie later, the Crimson’s worries had disappeared. Playing against Columbia in the season finale on Nov. 8, junior defenseman Lizzy Nichols scored on a penalty kick with nine seconds left on the clock in double overtime to give Harvard a 2-1 win and clinch the Ivy League title—and the automatic bid to the NCAA Tournament that comes with it. “It’s kind of amazing,” junior goaltender Lauren Mann said. “[Winning an] Ivy League championship is something that every...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: TEAM OF THE YEAR: Dramatic Victory Seals Ivy League Championship | 5/30/2009 | See Source »

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