Word: relief
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...these balls in the air, the viewer gets impatient for them to come together. The aim is clearly epic - this film aspires to be Serpico, New Jack City and Training Day all rolled into one - but by the time the dots do connect, it less a climax than a relief...
Wyclef Jean took Harvard by storm during these past few weeks, speaking at a luncheon and receiving an award for his efforts in disaster-relief for Haiti. The Artist of Year left us with both laughs and a stern message: “As the news cameras go down, let’s keep fundraising, sending doctors and helping rebuild the infrastructure of Haiti...
...Oversight Panel (COP), set up by Congress to monitor the government's bailout of the financial system. Elizabeth Warren, a Harvard professor and longtime critic of the banking industry, heads the COP. Also testifying before the panel will be Herb Allison, who runs the Treasury Department's Troubled Asset Relief Program (TARP), the main vehicle the government has used to assist banks. Warren has said she wants Pandit to delineate how he plans to fully pay back taxpayers. A spokesperson for Warren says she has no plans to press Treasury on why Citi was allowed out of the government...
...idea that Citigroup has paid back its [Troubled Asset Relief Program] money is a charade orchestrated by the government to allow an insolvent bank to pay big bonuses," says Christopher Whalen, who follows Citi and other banks at Institutional Risk Analytics. "It's a scandal...
...when are the rains due to finally bring some relief? Meteorologists forecast that in the north, rain will arrive later this month. But other parts of the country might not see any precipitation until August, which for many will be too late...