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There's a third option, between a no-strings bailout and Chapter 11--what some call conservatorship. It's bankruptcy-by-another-name, in which the government loans money to the automakers in return for equity stakes and concessions from creditors and workers. It's been done before--the 1979 Chrysler bailout followed such lines--but getting it right could be hard. "You're not very good at reworking companies," University of Maryland business professor Peter Morici told members of the Senate Banking Committee. "That's why we have bankruptcy courts...

Author: /time Magazine | Title: Don't Call It Bankruptcy | 11/20/2008 | See Source »

...store as people pay it off little by little, interest-free. No credit card required. Tired of dry-cleaning bills? Ann Taylor Loft promotes the fact that most of its clothes are now washable. And if you suffer buyer's remorse, more than half of retailers say their holiday return policies will be more lenient than usual, up from 35% who said so last year, according to NRF's return-fraud survey...

Author: /time Magazine | Title: Black Friday Is Looking Blue | 11/20/2008 | See Source »

...naval ship of a third country in the territorial waters of a fourth country. The British Foreign Office has concluded that holding pirates indefinitely can infringe on their human rights and give them a case for asylum. But, at the same time, the British also can’t return them to Somalia, where they would face harsh punishment under Shariah law, which would violate the British Human Rights Act. This situation presents an obvious need for an international court for the express purpose of trying pirates and other individuals outside of typical national jurisdictions...

Author: By Steven T. Cupps | Title: Pirate Code | 11/20/2008 | See Source »

...that those will remain dreams. So as the seniors take their final snaps at quarterback and cornerbacks break up their final passes, for most, the nostalgic feeling that tomorrow will be the last time they touch a football in a meaningful game is ever-present. After The Game, they return to the more mundane world of papers, final exams, and job applications. That is, unless you are quarterback Chris Pizzotti and cornerback Andrew Berry, two seniors who are looking to make that childhood dream a reality—to take the plunge for a shot at an NFL career...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: THE GAME '08: Making the Bigs | 11/20/2008 | See Source »

...Ryan Fitzpatrick ’05—now starting for the Cincinnati Bengals—leads Harvard to an undefeated season and an Ivy title. Pizzotti watches the Crimson’s victory from the bench, as Fitzpatrick throws for 124 yards, Ricky Williamson ’05 returns a 100-yard interception, and receiver Brian Edwards ’05 has a 53-yard punt return for a touchdown. SEPTEMBER 30, 2006 HARVARD 35, LEHIGH 33 Starting at the beginning of the season because of Liam O’Hagan’s suspension, Pizzotti unexpectedly returns from...

Author: By Crimson staff | Title: THE GAME '08: The Evolution of a Champion | 11/20/2008 | See Source »

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