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...stress test. And at $1.8 billion, BofA's credit was far less a factor in the outcome of its test than Citi's was. Since the stress tests, other banks have announced plans or have been able to quickly complete capital-raising deals. Yet, unlike Citi and BofA, none of these planned actions were included in their stress-test results. Citi's results also downplayed the damage to shareholders that will result from restoring Citi's common capital ratios. In order to put Citi back on its feet, the company's shareholders will be diluted more than any other public...

Author: /time Magazine | Title: Inside Citi's Stress Test: More like an F than a B+ | 5/14/2009 | See Source »

...programs tend to spread misinformation and sexist stereotypes. According to a report prepared by the House Committee on Government Reform, abstinence-only curricula have claimed that HIV can be spread through tears, that abortion causes sterility, and that condoms fail to stop HIV transmission in 31 percent of cases. None of these claims, of course, is true. The report goes on to mention multiple instances of sexist content in abstinence-only programs, including one class that told students, “Women gauge their happiness and judge their success by their relationships. Men’s happiness and success hinge...

Author: By The Crimson Staff | Title: Abstaining from Ignorance | 5/14/2009 | See Source »

...copied) welcoming her to the House and encouraging her and her blocking group to get in touch with any questions. She ended the email hoping to meet them at the imminent Cabot House festivities and giving her “sincere welcome” to the community. To me, none of this indicates an “‘unspoken distaste’ for Cabot students,” as this article mentions, and I find it extremely difficult to believe there is not a single student in Cabot House whom The Crimson could find for a positive comment...

Author: By Elizabeth Fryman | Title: Other Side to Cabot Dean | 5/14/2009 | See Source »

...objective psychologist. Vaillant was especially affected by one of his patients, Case No. 47, who wrote that happiness for him was being able to say on one’s deathbed that “I sure squeezed that lemon!” An unscientific observation, no doubt, but none the less true for that...

Author: By Jessica A. Sequeira | Title: Squeezing the Lemon | 5/14/2009 | See Source »

...There will be 19 junior faculty searches next year—with none at the senior level—and the Provost’s Office and Office of Faculty Affairs are currently discussing the possibility of implementing a retirement incentive package for faculty, according to Smith...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Wary Professors Eye Next Wave of Cutbacks | 5/13/2009 | See Source »

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