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Don't put down your pencil yet. The Obama Administration also has agreed to support GM and Chrysler's warranties as part of its bailout plans. The two companies have trimmed warranty expenses in recent years, but based on financial information from both automakers the potential federal liability required to...

Author: /time Magazine | Title: Adding Up the Auto Bailout: $80 Billion and Growing | 5/11/2009 | See Source »

All baseball contracts include "morals clauses." For example, under 7(b)(1) of the Uniform Player's Contract, a team can terminate a deal if a player "shall at any time fail, refuse, or neglect to conform his personal conduct to the standards of good citizenship and good sportsmanship." Another...

Author: /time Magazine | Title: Can the Dodgers Get a Refund on Manny Ramirez? | 5/8/2009 | See Source »

And regardless of whether it has the fundraising capabilities to meet its impossibly high targets, the UC may not even be able to receive donations given its legal status. As of now, it has received a $4,000 donation that it can only accept either via a �...

Author: By The Crimson Staff | Title: The Capital Campaign to Nowhere | 5/7/2009 | See Source »

Granted, Obama has hardly been more bipartisan than the average president despite his pledge to be so. His courtship of congressional Republicans has been largely symbolic, failing to adopt any of their ideas despite spending more time with House Republicans than President Bush did. His stimulus bill garnered only three...

Author: By Dhruv K. Singhal | Title: Of the Right, Not Much Left | 5/3/2009 | See Source »

And then, a new source of hope appeared. A campaign pledge from President Barack Obama to close the U.S. facility holding suspected terrorists at the naval base at Guantanamo Bay, Cuba, became an executive order. Quickly, the jail's backers made a new pitch. Why not house those 240 detainees...

Author: /time Magazine | Title: The Montana Town That Wanted to Be Gitmo | 5/3/2009 | See Source »

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