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...still make it as a public company because a bankruptcy could be too messy for the Administration's tastes. According to The Wall Street Journal, "Key members of an ad hoc committee representing GM bondholders have begun preparing arguments against the auto maker's bankruptcy plan." The creditors may lose their attempt to get a better deal than being given debt in a company which holds the worst part of the GM asset base, but they can make the process prolonged and painful for the company and the Treasury. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

According to The Wall Street Journal, "If confirmed, Mr. Allison will become point person for what has become an unpopular program. He'll have to defend plans for spending the program's remaining cash, and would likely represent the administration if it requests more bailout funds, which many observers expect." (See "Four Steps to Ending the Foreclosure Crisis...

Author: /time Magazine | Title: A New Boss to Be Bossed by TARP Overseers | 4/14/2009 | See Source »

...findings, published in the current issue of the Journal of the American Medical Association, exemplify the remarkable gains made by diabetes researchers, who are battling a continuously spreading disease that now affects nearly 8% of adults and children. (See the top 10 medical breakthroughs...

Author: /time Magazine | Title: Study: Stem Cells May Reverse Type 1 Diabetes | 4/14/2009 | See Source »

...Yoga Therapists has more than tripled its membership from 2003 to 2009, to about 2,500 members. "Now we have more licensed health-care providers, including psychologists, coming in who are interested in using yoga in their work," says Kelly McGonigal, the editor in chief of the International Journal of Yoga Therapy...

Author: /time Magazine | Title: Psychotherapy Goes from Couch to Yoga Mat | 4/14/2009 | See Source »

...Bomb, founded in 2004, has been titillating students as the student body’s “journal of sex and sexuality,” according to the organization's official website. However, this pending issue will only be the fourth in nearly five years, since recurring financial issues have hindered the mag’s timely production...

Author: By Wendy H. Chang | Title: Still Waiting for H Bomb to Put Out | 4/13/2009 | See Source »

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