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Dates: during 2000-2009
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...winter. The $17 billion debt does not include $3.2 billion in notes or preferred stock that GM also owes to employees' health care trusts, or VEBAs, in the U.S. and Canada. GM expects to repay the notes to U.S. and Canadian VEBAs with money from the eventual sale of new stock - an IPO that will be successful only if GM returns to sustainable profitability...
...economy may be showing signs of perking up, but the recession's gloom has hit the holiday-card industry. Greeting-card giant Hallmark has rolled out some 25 new recession-themed cards this year - up from just five last year. "We can say it: This wasn't the year that any of us had hoped for," reads one gold-inked card. Another shows a small Christmas tree with three wrapped presents underneath: "We don't have to have a lot to have everything...
Some card companies are tackling the punishing economy with humor. DCI Studios has a Christmas card that doubles as a "new guide to the stock market." Some useful terms: "Broker: What we are this year compared to last year. Merrill Lynch: What we want to do to Merrill. Liquid assets: beer, scotch, vodka, whatever helps...
...Jeremy S. Lin ’10, himself an athlete on Harvard’s basketball team. “He’s willing to run through a brick wall for all of his friends.” Lin noted that recently Ho, who had an interview in New York, rearranged his return flight to make it in time to support the men’s basketball team in the game against Rice University...
Allston Brighton Arts Bridge, a new non-profit organization founded by four recent graduates of the Harvard Graduate School of Education, is giving local youth a chance to take command behind the camera...