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...still waiting for a response from Treasury. And that has driven up the resentment of large banks by their smaller competitors. "There is no future for the miserable eight," says Rusty Cloutier, the CEO of MidSouth Bank, a community bank in Lafayette, La., referring to the nation's largest banks. "No one is dealing with that. We can keep pumping money into them, but it isn't going to make it better...
...Kirby, the Harvard China Fund’s director, said that he intends to expand the existing office in Shanghai before acting on plans for a second office in Beijing. The envisioned Harvard Shanghai Center—a joint venture with the Business School—will be the largest University-wide facility overseas when it opens in 2010, Kirby said...
...Monday, President Obama tasked one-time cop and Secret Service agent Earl Devaney with his largest policing job yet: monitoring spending of the administration's $787 billion stimulus plan...
...going to have to jump-start this economy," he said over and again in different variations. The goal was to get the economy moving, and the method was to create jobs. As lawmakers haggled over the bill, Obama only rarely mentioned the ancillary policy benefits of the largest single federal spending effort in the nation's history. Last week in Denver, when he signed the bill, Obama changed his tune. What was once a jobs program suddenly became a policy triumph...
...wave of marches by hooded demonstrators outside the homes of Jewish citizens and calls for the boycotting of Jewish stores in some provincial cities, in response to the incidents in Gaza, have set off alarm bells ringing in the Jewish community here, which at 300,000 is the largest in Latin America. "It's very worrying," says Aida Ender, who migrated with her parents from Europe escaping from the Holocaust 60 years ago and who is part of an e-mail chain that reports on anti-Semitic activity among other survivors. "In the smaller cities of the provinces they...