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...Bloomberg News reported that AIG has offered "about $450 million in retention pay" to the AIG FP staff, a program that AIG confirmed. Representative Elijah Cummings, a Maryland Democrat, knew about the bonuses two weeks earlier, on Jan. 15, when he met with Liddy, and the Congressman never kept his displeasure secret. Nor was he alone in raising alarms. In January, Richard Shelby, the ranking Republican on the Senate Banking Committee, called the bonuses a "waste of taxpayer money...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...birth of high-definition, digital filmmaking changed all that. Cameron and an associate, Vince Pace, developed the 3-D-capable Fusion camera system, which is cheaper, smaller--13 lb. each--and way more versatile than the old film rigs. "Every movie I made, up until Tintin, I always kept one eye closed when I've been framing a shot," Spielberg told me. That's because he wanted to see the movie in 2-D, the way moviegoers would. "On Tintin, I have both of my eyes open...

Author: /time Magazine | Title: Are 3-D Movies Ready for Their Closeup? | 3/19/2009 | See Source »

...there was anyone to make sure that the review kept going, it was Bok. Since Bok had decided to take on the presidency for a second time without being paid, and he himself had overseen the creation of the Core Curriculum, his determination to finish the curricular review was “this sort of heroic thing,” according to Menand...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Kicking the Core to the Curb | 3/19/2009 | See Source »

...different student groups. “It was sort of the incident that brought a lot of other incidents to the forefront,” CSA co-president Daniel C. Suo ’09 said in reference to the recent patterns of racism. “People kept pouring in stories.” Flores said she was impressed by the inclusive response from Harvard’s Asian-American community. “The community affected did not become more insular,” Flores said. “Even though this didn’t affect...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITERS | Title: Students Rally Against Racism | 3/19/2009 | See Source »

...what did we learn today?  It would seem like a few of the crappy houses really worked to ensure its newest residents didn't burst into tears by dousing them with house spirit, while the awesome houses kept it tranquil and let the others have their moment in the sun.  And Winthrop...well, it continues to be Winthrop.  FlyBy has to sign off, though, there are more important things to attend...

Author: By Aparicio J. Davis | Title: The Housing Day Live Blog | 3/19/2009 | See Source »

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