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Gomes, who underwent heart pacemaker surgery in October, said he still has a legacy to build in the years he has left at Harvard. He said that he is in the best position to garner funding for the renovation of Memorial Church—an edifice that Gomes deeply associates with his time at the University...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Reverend Gomes Prepares For 2012 Departure | 1/28/2010 | See Source »

...first I think I thought it was a joke,” Holloway said. “Then as she started telling me more details, I was really excited. My heart started pounding. It was a really amazing feeling...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: Harvard Freshman Sits Alongside First Lady During State of the Union Address | 1/28/2010 | See Source »

...policies. At a recent Washington hearing into the causes of the financial crisis, executives from four top banks all cited recently instituted clawback provisions as evidence the firms had reformed the pay practices that many believe were at the root of the financial crisis. Clawback provisions are at the heart of that effort. While companies have always had the right to sue employees for ill-gotten gains, more firms are adding provisions to reclaim pay not just for illegal behavior, but poor decisions. And they are expanding those provisions to more employees. A few months ago, Morgan Stanley extended...

Author: /time Magazine | Title: Can Financial Firms Get Executives to Give Back Pay? | 1/27/2010 | See Source »

Toyota officials insist that the company's reputation for quality, reliability and durability, which is at the heart of Toyota's brand appeal to consumers, will survive. Judging from the automaker's new advertising campaign - which extols the reliability and durability of the company's vehicles and notes that 80% of the Toyotas sold in the past few decades are still on the road - company executives are clearly concerned about the fallout from sharply rising recalls. Another sign of their anxiety: the automaker is stepping up plans to make some expensive safety options, like electronic stability control, standard...

Author: /time Magazine | Title: Toyota's Recall Will Test Customer Loyalty | 1/27/2010 | See Source »

...unless Bernanke is an unusually good liar, he is a moderate Republican at heart, a market-based Keynesian who has a lot in common with Obama economists such as Larry Summers or Christina Romer, a pragmatist whose defining political experience before the past couple of years was getting screamed at by antitax activists while serving on a local school board. He's also a longtime inflation dove, and since the crisis began he's shown unprecedented willingness to jam the accelerator. It's true that he talks a fair amount about hitting the brakes someday, but he hasn't even...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

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