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...While the government rescue limits the salaries of five top executives from each of the participating financial firms, Congress did nothing to restrict Wall Street firms from using taxpayer funds to boost the compensation of rank-and-file investment bankers. "Some people might argue that these bankers should not be penalized if they weren't personally involved in the risky mortgage-backed securities," says Sarah Anderson, project director of the Global Economy Project at the Institute for Policy Studies, a progressive think tank in Washington. "My response is that the average taxpayer wasn't either, but she is being asked...
...Berry, the referees missed a clear late hit on sophomore Levi Richards after he caught a 16-yard pass from Pizzotti. Then, with about two minutes left in the third quarter, a 7-yard pass to junior Matt Luft was nearly reversed after the back judge decided to pull rank on the linesmen and rule the pass was incomplete—though the linesmen had a much better angle on the play. The referees conferred and ultimately the pass stood. All told, Harvard was somehow able to come away with the win despite having all factors—the opposing...
...take a trip to Greenwich--about 3 1/2 miles (6 km) downstream from Tower Bridge--home to the Royal Observatory, which dates back to 1675. It's the birthplace of Greenwich Mean Time, but for years the area was as well known for its mean streets: 19 Greenwich neighborhoods rank among the most deprived in England...
This year, almost 900 first-year students at Baylor University in Texas retook their SATs. No, this was not a grading mistake. It was because Baylor wanted to boost its ranking in U.S. News and World Report’s list of “Best Colleges.” Baylor incentivized freshmen with $300 at the campus bookstore to retake their SATs and offered $1,000 a year in scholarship aid to those who raised their scores by at least 50 points. Though seemingly cavalier and unethical, programs like this are products of the bizarre and destruction nature...
Economic woes continue to rank as the nation’s most pressing issue in the minds of respondents. More than half of the young people surveyed said that the economy was their top concern, while the war in Iraq came in second place with nine percent...