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...covering magnified the rebound in Citi's share price. Citi is a "rumor a day" stock. Recently, the market has speculated about the fate of the bank's CEO, Vikram Pandit, whether the firm will have to raise money because of government stress tests, and whether the bank can maintain the earnings it posted for the first quarter. So far this year, the stock has traded in a range of $7.46 to $.97, a short seller's dream...
...tentative Chrysler agreement with the UAW, announced on Sunday, is said to maintain the pension fund and retiree health care fund, though it may include some reduction in healthcare benefits, just as the Canadian agreement does. Guided by the February terms of the original Treasury loans, the deal between the UAW and Chrysler also reportedly includes partial funding of the retiree healthcare trust with equity instead of cash. "We recognize this has been a long ordeal for active and retired auto workers, and a time of great uncertainty," said UAW President Ron Gettelfinger. The deal was reached, Gettelfinger said...
...currently professors at other institutions, Harris said that the administration had discussed making the position a professorship at Harvard, but that it was “simply impossible.”“One cannot run a great writing program, which is a full-time job, and maintain a full research agenda, which is what gets one tenured at Harvard,” Harris said.PENDING PROBLEMSJehn takes the helm of a program that still faces many of the challenges expressed by preceptors over the past few years, including the long-standing issue of low preceptor salaries...
While cost-cutting measures are certainly necessary given the FAS financial situation, trimming the faculty to decrease costs harms a central mission of the University to maintain the highest standard of education possible. Measures that directly threaten Harvard’s quality of education should be a true last resort...
...Coman wrote. With more and more universities remaining closed for extended periods of time, Arbuthnott said he was forced to drop a class he initially signed up for and go elsewhere in order to fulfill his academic requirements. “In order to take four full courses and maintain my academic standing, I decided that it was in my best interest to drop some of my classes at public universities which were affected by the strike and instead take classes at private universities,” said Arbuthnott. Because the strikes have been centered on public universities, Crimson expatriates...