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...move comes after months of scrutiny and criticism over the University's decision to sell billions of dollars in bonds at high interest rates late last year, as the financial crisis deepened, in order to boost liquidity...
...Nevertheless, Spencer H. Hardwick '11, president of the Black Students Association and also a Crimson news writer, said that "the situation clearly requires an investigation into the motives of the officers involved and the policies and procedures of the Cambridge Police Department" in order to "prevent further incidents of arbitrary and unfair treatment against innocent citizens." He said that his organization has opened a dialogue with the University administration to explore how the BSA could help address these issues. [CORRECTION APPENDED...
...need an entirely corrupt institution to pull one of these schemes off. You only need a few corrupt managers whose compensation may be tied to the performance of these assets in order to effectively pull off a collusion or a kickback scheme." - Upon the announcement that his office had initiated 20 criminal probes into possible securities fraud, tax violations, insider trading and other crimes relating to TARP-funded companies. (Los Angeles Times, April...
...College, the country's largest community college, admitted on May 28 that state budget cuts will force it to forgo adding hundreds of class sections. As many as 5,000 students will be unable to enroll, and 30,000 may be unable to take the classes they need in order to graduate. In California, where Governor Arnold Schwarzenegger remains a champion of community colleges, having studied at one, as many as 200,000 would-be students may get squeezed out of higher education next year...
...expedite a two-state solution, saying the conflict would not end soon because the Palestinians, including Palestinian Authority President Mahmoud Abbas, lack the will to end it. "Even the moderates among them do not really want a settlement," Arad said. "At most, they are striving toward a settlement in order to renew the confrontation from a better position...