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PRINCETON UNIVERSITY Princeton recently scaled back its decade-long, $3.9 billion capital spending plan, slashing the total outlay by $300 million. The $300 million cut will mostly affect construction projects. At the same time, Princeton’s financial aid office plans an additional $3 to $4 million in spending to meet increased student needs...

Author: By Michael Y. Sun, CONTRIBUTING WRITER | Title: Ivy League Universities Issue Statements Concerning Their Responses to the Economic Downturn | 11/26/2008 | See Source »

...There are a number of things the government can do to help Citigroup stay afloat. Perhaps the lowest cost solution would be for the government to guarantee some or all of Citi's debts. That would entail no initial outlay of funds. And with many analysts saying that Citi's books are fundamentally sound, this could be the way to go. With a guarantee Citi would not be forced to sell its assets at a discount, if any of the bank's creditors or trading partners want their money back. That would save Citi from having to write down...

Author: /time Magazine | Title: Will Citigroup Survive? Four Possible Scenarios | 11/22/2008 | See Source »

...eternity in Formula One, and a powerful reflection of perhaps the most important factor separating drivers: money. McLaren, for which Hamilton drives, lavished an estimated $430 million on its campaign, according to industry analysts Formula Money - a sum typical of big teams but two to three times the outlay of independent teams such as Fisichella's Force India. In such a high-tech sport, those with the deepest pockets tend to end up on top. (Read "How to Win a NASCAR Race...

Author: /time Magazine | Title: Formula One: Cutting Corners | 11/6/2008 | See Source »

...DeWolfe, as well as MySpace press materials, cited the example of Dan Davis, a Chicago-area roofer who broadcast an ad called "Damaged Roof?" in the aftermath of a hailstorm at the end of the summer. An outlay of $100 got him a $30,000 job, within eight days...

Author: /time Magazine | Title: MySpace to Businesses: Kiss MyAds | 10/13/2008 | See Source »

...while the Bush Administration bailout plan does require an unprecedented outlay of taxpayer funds, White House officials say the cost of a crippled economy would be an even greater burden on average Americans. Treasury Secretary Henry Paulson believes that while the House Republican proposal would help moderate the current crisis, it wouldn't be enough to do the job. Nor is it the most effective way, Treasury officials argue. Leaving those toxic mortgage-backed assets on financial institution balance sheets, they say, would not provide the additional liquidity that banks desperately need right now to get the nation's paralyzed...

Author: /time Magazine | Title: Can Congress Build a Better Bailout? | 9/26/2008 | See Source »

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