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All told, the three plans address about $420 billion in toxic loans and assets that the government hopes to get off the balance sheets of banks. Will that be enough to nurse our nation's biggest banks and financial markets back to health? It's not clear. The plan leaves...

Author: /time Magazine | Title: Geithner's Bank Plan: Only a Partial Solution | 3/25/2009 | See Source »

4. Distract them with a big, shiny new toy If Geithner had testified before the same committee last week - as AIG CEO Edward Liddy did - he likely would've been eviscerated. Many of the "questions" for Liddy from both sides of the aisle turned into frustrated rants about how Geithner...

Author: /time Magazine | Title: Five Lessons from the AIG Bonus Blowup | 3/25/2009 | See Source »

Judging from the reaction of industry analysts and the market, Geithner succeeded Monday. The Dow Jones Industrials, led by financial stocks, rallied nearly 500 points, or more than 6%. Scott Talbott, the top lobbyist for the Financial Services Roundtable, said that while some information is missing there's probably enough...

Author: /time Magazine | Title: Geithner's Toxic-Asset Plan: Wall Street Finally Cheers | 3/23/2009 | See Source »

David B. Arnold ’71, whose latest photo exhibit is designed to serve as an eye opener to the serious effects of global warming on some of the world’s most remote mountains and glaciers, spoke last night to a small group of students about his...

Author: By Shambhavi Singh, CONTRIBUTING WRITER | Title: Alum Captures Climate Change on Film | 3/20/2009 | See Source »

Watching her fiancé conduct a phone conversation with an unidentified acquaintance, Zooey (Rashida L. Jones ’97) suddenly turns around and gleefully signals to her girlfriends, “It’s a date!” Her approval of her husband-to-be?...

Author: By Roxanne J. Fequiere, CONTRIBUTING WRITER | Title: I Love You, Man | 3/20/2009 | See Source »

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