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...provide future health care for GM's blue collar retirees, even after trimming some benefits. GM's VEBA is more than a little shy of that number. It had $14.4 billion in the middle of 2008, and now has only $9.4 billion in assets, which is beyond the reach of creditors but would barely last three years in the face of escalating health-care costs. Gettelfinger describes the rest of the GM and Chrysler VEBA assets as "paper money," referring to the stock, warrants and notes from two virtually bankrupt companies. Not a lot of optimism there...

Author: /time Magazine | Title: Why Detroit Retirees Have Health-Care Anxiety | 5/31/2009 | See Source »

...last, placing third at the EIWA Championships before excelling at NCAAs. The national championships took place in Caputo’s home state of Missouri, and the junior delivered in front of friends and family, shocking sixth-seeded Joshua Patterson of Binghamton with a 6-3 decision to reach the quarterfinals. Caputo eventually took an eighth-place finish to earn All-American honors for the second time.“I was very, very pleased with myself,” Caputo said. “Making it to nationals and competing well is not a given thing. No matter where...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: COMEBACK ATHLETE OF THE YEAR: Back from Injury, Caputo Doesn't Miss a Beat | 5/31/2009 | See Source »

...fell cleanly into the goal. Whatever Delaney-Smith said to her squad, it somehow conjured the force in them. “We fell apart in the first half, rallied at halftime,” sophomore forward Jackie Alemany said. “We made certain goals to reach at certain times, and through tough defense and with Princeton getting lazy and arrogant, we shut down their offense and made smart decisions on [our own] offense.”That said, something intangible was different from the minutes before. It was as if the first half was simply a distant...

Author: By Justin W. White, CRIMSON STAFF WRITER | Title: COMEBACK GAME OF THE YEAR: 22-Point Comeback Stuns Princeton | 5/31/2009 | See Source »

...ever get down on yourself, the good news is that there will be another day for success, unless _____ (you’re a JV sport at Harvard, you drop out at 14, you never get out of prison).The second lesson is that you should always try to reach out to those who are different from you. You are among a small percentage of Americans who are _____ (college-educated, former students of Mrs. Edison, in charge of the prison system). Never forget that most people have had profoundly different life experiences from you, especially if _____ (they are Detroit Lions fans...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: PARTING SHOT: Parting Words Provide Choices | 5/31/2009 | See Source »

...made great strides for the program,” said senior co-captain Nick Smith, who led Harvard with 55 ground balls on the season. “We didn’t reach all the goals that we wanted to reach, but I think the senior class can’t be too unhappy with the legacy that they left...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: SEASON RECAP: Harvard On Brink of Success | 5/30/2009 | See Source »

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