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...bank stress tests are considered one of the key components of Treasury Secretary Tim Geithner and President Barack Obama's plan to fix the financial system. They are designed to determine which banks would fail and which would survive if the economy worsens, as some economists expect. But when they were announced in mid-February it was not clear what the government would do with the information collected. Would it shut down a troubled bank...

Author: /time Magazine | Title: Stress-Test Results: Most Banks Likely to Pass | 4/20/2009 | See Source »

...Harvard should lease out the properties that it owns, but the buildings are left empty. Some of the vacant properties can’t even be found in Harvard’s 50-year plan. When Harvard does lease out sites, they do so to businesses that foreshadow a wave of gentrification that threatens the neighbourhood’s low-income residents...

Author: By Megan A. Shutzer | Title: Let Them Eat Cake | 4/20/2009 | See Source »

...next big sale on April 17, DeHart lists about 100 items on the docket, including coffee, Pampers, Twizzlers, relish, macaroni & cheese, and Chef Boyardee. "This is the DeHart's (sic) stimulus plan," his listing says on dehartsauction.com, "and it does work." (To find a grocery auction in your area, try auctionzip.com, a site that lets you search for sales by zip code. Type "grocery" in the "keyword...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

...somehow incompatible with mass transit or railroads; this is absolutely false. Poor management practices should be remedied by decisive action—for starters, President Obama ought to encourage private industry to cooperate with Amtrak by offering tax breaks for those firms willing to cooperate on the proposed renovation plan for the Acela...

Author: By The Crimson Staff | Title: Working on the Railroad | 4/18/2009 | See Source »

...While there is no doubt that this is a challenging task, encouraging trends have emerged in recent years. Just one day after Obama’s speech, the governors of eight Midwestern states sent the president a letter urging him to support a new proposed plan that would connect Chicago, St. Louis, Detroit, and Madison, Wisconsin with a network of fast passenger trains. And, while, Amtrak’s trans-continental lines may be the object of ridicule, ridership on the Acela line has grown rapidly as fuel prices have made air and car travel less attractive to business commuters...

Author: By The Crimson Staff | Title: Working on the Railroad | 4/18/2009 | See Source »

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