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...federal agency that oversees credit unions is stepping in with a two-tier plan to bolster institutions battered by investments in souring mortgages and other loans, a turning point for a pocket of the financial community that has so far received little of the assistance doled out to other firms...

Author: /time Magazine | Title: Are Credit Unions in Trouble? | 12/10/2008 | See Source »

...said.Hinckley decided to put aside the prospect of a career in industry to spend two years teaching in the Bay Area.Her choice reflects a broader movement away from jobs in financial services to roles in public service, and Teach for America is reaping the benefits.The program, which plans to grow to 4,224 corps members in 2010 (from approximately 3,700), should have little trouble meeting its numbers.RISING INTERESTSince the market downturn began, Hinckley, who is an inactive Crimson design editor, said she has noticed growing enthusiasm for TFA on campus. “A lot of people have come...

Author: By Sofia E. Groopman, CONTRIBUTING WRITER | Title: The Banks’ Loss Is the Classroom’s Gain | 12/9/2008 | See Source »

...prognosis is not good. Steven Coll, Mark Garlasco, Maleeha Lodhi, and Barnett R. Rubin addressed a packed auditorium yesterday afternoon in a panel discussion moderated by Harvard Kennedy School professor Samantha Power. “It is literally true that the U.S. government does not have a joint-operating plan in Afghanistan,” said Cull, who heads the New America Foundation, a nonpartisan public policy think tank. He went on to state that the Obama administration will work to fashion one. “Presumably better to have a joint strategy than to have none...

Author: By Sofia E. Groopman, CONTRIBUTING WRITER | Title: Panelists Discuss Fragile Afghanistan | 12/9/2008 | See Source »

...open around the world, and Harvard Square will soon be host to another. A Subway Restaurant will open in The Garage “somewhere in mid-January” if all goes according to schedule, said Sanjay Kansagra, the future owner of the store. “The plans are done, now it is matter of just building it,” said John P. DiGiovanni, president of Trinity Property Management, the firm that owns The Garage. According to DiGiovanni, the construction process generally takes a month or two to complete. “I always wanted...

Author: By Elyssa A. L. Spitzer, CONTRIBUTING WRITER | Title: Subway To Debut in The Garage | 12/9/2008 | See Source »

...their Lancaster House confab. Their powers of persuasion will be more thoroughly tested when she joins them at the European Council in Brussels on Dec. 11 and 12, in search of a unified approach to the economic crisis. "It would be completely unreasonable to think of any active plan without Germany," said Barroso, a point explicity recognized at a Lancaster House conference 54 years ago, when European powers together with America agreed to restore German sovereignty, recognizing the global benefits of a strong, prosperous and independent Germany...

Author: /time Magazine | Title: Behind a Merkel Snub, Euro Economic Discord | 12/9/2008 | See Source »

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