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...media. When word got out earlier this month that Fannie and Freddie were planning on paying out some $210 million in retention bonuses to 7,600 employers over the course of 18 months, lawmakers went haywire (Kellermann was pegged to receive a retention bonus of $850,000). "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Senator Charles Grassley said in a statement. Barney Frank, chair of the House Financial Services committee, wrote to Lockhart: "I am writing to urge...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

...crunch time, and Gil runs the offense. Those are the two guys that I think have really been a part of our success, not only with their effort on the court, but they’ve also fostered a good mentality as far as dedication and working hard...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Harvard Kicks Off Playoffs in Virginia | 4/21/2009 | See Source »

...name of that pre-frosh guy you were with earlier? 3. Is Harvard a lot of work? I’m working on my 1,000,000th response paper as we speak. What do you think? And you know what the worst part of all of this is? As hard as I may try to scare the little ones away, somehow they (almost) always make their valiant return come fall: ready to embark on a year of Domna’s swipes, all proudly donning their class t-shirts. Maybe I’m just bitter I never got mine...

Author: By Kriti Lodha, CONTRIBUTING WRITER | Title: Hate It: Prefrosh Weekend | 4/21/2009 | See Source »

...Many of us are so addicted to instant messaging or updating our Facebook albums that it can be hard to tear ourselves away from our precious technology long enough to spend time with real people. The enormous growth in membership in time-consuming online games such as World of Warcraft and Second Life is indicative of this problem—Second Life alone has 1.3 million users who log in per month. Many live in this virtual reality, paying real money for brand-name products or even marrying other characters within the game...

Author: By Aixin Wang | Title: Unplug and Disconnect | 4/21/2009 | See Source »

...Complicating matters is that even if such foiled plots were more than fantasies it's as hard to prove a negative after September 11 as it was before. Just because there were no attacks after 9/11 doesn't necessarily mean that the interrogations deserve the credit. And of course the intelligence community's failure to discover that Saddam Hussein lacked any weapons of mass destruction before the Bush Administration invaded Iraq in 2003 makes their purported knowledge about thwarting attacks suspect to many observers...

Author: /time Magazine | Title: Did Waterboarding Prevent Terrorism Attacks? | 4/21/2009 | See Source »

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