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...test is no test when the conclusions are open to alteration based on the subject of the tests objections. By giving banks time to evaluate their scores, the government is opening a Pandora...
...Secretary avoided in his comments regarding why the banks are not increasing lending is that he has information about bank "stress tests" that Congress does not. Geithner knows that some of the financial firms are not robust. But, it is too dangerous for him to name them into an open microphone. It could cause a panic, and drive the stocks of major banks down and cause depositors unnecessary worry. What he would say is that if some of the banks did not pass their tests, the federal government stands ready to help them if private investors are not. At this...
Silver Spring is by far the smallest player in the Energy Smart Miami initiative, but its contributions are key. The Silicon Valley startup will supply the software that will make the smart grid smart, using the open technology platform Internet Protocol to send data through the system. Although using an open platform has made some experts concerned about the security of a smart grid, Lang points out that his company's software will make it easier to adapt the grid to new technologies - smart appliances, plug-in cars - that might arise down the road. "This is going...
...view of his bottom of the ninth. The day of the game, don’t bother going MBTA to get from Harvard to Fenway; You can take the M2 bus for free. You’ll have to Green Line it or take a cab coming back. Gates open two hours before game time. Go early and you can watch batting practice and snag some baseballs. Hang around the dugout and you might get an autograph. BYO sharpie. Alternatively, you can head to landmark bar The Cask & Flagon to pre-game. Alcohol smuggling is (not-so-strictly) prohibited...
Less than a day after President Barack Obama told CIA employees in person that he didn't support prosecuting them for the harsh interrogations of terrorism suspects, he left open the possibility that those who drafted the legal opinions justifying such questionable techniques could end up facing charges. The surprising statement marked just the latest step in Obama's evolving view of the Bush Administration's handling of terrorism cases, and it underscored the fine line he is navigating in his stated commitments to uphold the rule of law and at the same time move beyond the divisive Bush years...