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...still make it as a public company because a bankruptcy could be too messy for the Administration's tastes. According to The Wall Street Journal, "Key members of an ad hoc committee representing GM bondholders have begun preparing arguments against the auto maker's bankruptcy plan." The creditors may lose their attempt to get a better deal than being given debt in a company which holds the worst part of the GM asset base, but they can make the process prolonged and painful for the company and the Treasury. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

...Hopefully, Harvard professor Ashton Carter, recently tapped by the president to head weapons procurement for the Pentagon, can inject some sanity into this process. The damage that this plan will do to industry, to engineers, and ultimately to the future dominance of the U.S. military is simply too dangerous to ignore...

Author: By Daniel A. Handlin | Title: Planning for Defeat | 4/14/2009 | See Source »

...administration would use the results of the early retirement program to reevaluate the budget and determine whether staff layoffs will be necessary. The fewer staffers decide to take the package, the higher the possibility of layoffs will be, Smith said. According to a guidebook for FAS departments that details planning procedures for next year’s budget, the administration will know the number of retirees in each department by mid-April. Departments that may need to initiate job cuts after the program’s end have been instructed to devise provisional lists of workers who might be laid...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Smith To Host Town Hall on FAS Finances | 4/14/2009 | See Source »

...czar,” for the upcoming academic year. The fun czar serves as a coordinator for social events around campus. As a member of the Student Activities Office staff and College Life and Activities Group, Sidwell will work closely with the College Events Board to plan events such as Yardfest, the annual welcome-back celebration, and Harvard-Yale weekend festivities. Sidwell will succeed Jason B. McCoy ’08 to the position on July 1. For her, getting the position is “a dream come true.” “I can?...

Author: By Michael J Ding, CRIMSON STAFF WRITER | Title: Sidwell Chosen as Fun Czar | 4/13/2009 | See Source »

...protest leader Jatuporn vowed to continue his crusade until Abhisit leaves office. "Once the army kills the Red Shirts, then the Red Shirts will rise up and fight," he told TIME as a group of protesters with badges that read "Red Guards" nodded in agreement. "It's not my plan to make violence like this, but our people will stand up and fight...

Author: /time Magazine | Title: Scores Injured as Bangkok Protests Erupt into Chaos | 4/13/2009 | See Source »

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