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...Treasury Department has said it will invest up to $335 billion of the $700 billion bailout fund in banks and other financial institutions. It is using the money to buy preferred shares in banks, a move it began in late October. So far, it has invested $165 billion in 88 institutions, according to Treasury's website. That does not include the $40 billion the government has promised to shore up ailing insurer AIG or an additional $20 billion in funding for Citigroup, which was approved in late November when the financial giant appeared to be near failure...

Author: /time Magazine | Title: Treasury Investments Already $16 Billion in the Red | 12/11/2008 | See Source »

...Each of the seven subject cities used differing combinations of strong local leaders, businesses, universities and community groups, to invest in downtown neighborhoods and housing and reposition their towns for the high-tech age. Saint-Etienne's derelict former arms factory became home to a cluster of clever new engineering companies. An advanced technology park with 6,000 new jobs helped recast Bremen as a hub for science...

Author: /time Magazine | Title: How Struggling Cities Can Reinvent Themselves | 12/10/2008 | See Source »

...diminished Harvard’s standing as one of the world’s most recognizable educational institutions. Using the intangible power of institutional recognition, Harvard could back its much-fêted sustainability initiative with tangible, large-scale efforts. In order to accomplish this goal, Harvard should invest in alternative energy initiatives and set an example for other large institutions or corporations. A statement of this kind would demonstrate a serious commitment to solving the global problem of climate change by using its ample financial resources. These efforts could become even more valuable if they could be rendered profitable through...

Author: By Alexander R. Konrad | Title: Going Green with Harvard's Green | 12/10/2008 | See Source »

...emerging economic superpower that is under constant jihadist threat. "We cannot afford to be a tin-pot operation with no capacity to prevent and respond to terror, and bring terrorists to book," says Sahni. "That will not be the kind of country where people would like to invest." And the Mumbai massacre has provoked millions of Indians to demand that the government do a better job of protecting them. So, even if political leaders are inclined to drag their feet, those feet will be held to the fire of mounting public anger...

Author: /time Magazine | Title: Botched Mumbai Arrest Highlights India's Intel Failures | 12/10/2008 | See Source »

...dedicated interagency group that would respond to genocide by analyzing emerging threats and coordinating action with other nations. The panel, which also includes former U.S. Central Command chief Anthony Zinni, former Senate majority leader Tom Daschle and former Secretary of Defense William Cohen, recommended that the U.S. government invest $250 million in new funds for prevention and response...

Author: /time Magazine | Title: A Brief History of Genocide | 12/9/2008 | See Source »

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