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Treasury considers that a firm has received exceptional financial assistance if it has received government aid outside of the initial $250 billion bank bailout, in which the government injected capital into financial firms in return for preferred shares and stock warrants. The list originally included AIG, Bank of America, Chrysler, Chrysler Financial, Citi, GMAC and General Motors. But in December, Bank of America and Citigroup struck deals with the government to get off the list. Bank of America raised nearly $20 billion from investors and paid back the government the $45 billion it was lent under TARP...

Author: /time Magazine | Title: Citi and the Government: Still a Close Relationship | 3/4/2010 | See Source »

...many anecdotes as we can, it is not always possible. Inviting interested students to spend a day in the life of a Harvard student and sending Harvard students to high schools to speak about their time here, which the Undergraduate Admissions Council enables students to do through the Return to High School Program, will help prospective students gain a better understanding of Harvard life. Personal stories that allow a glimpse into a Harvardian’s life and enable visiting students to better grasp Harvard life will help us in this endeavor...

Author: By Ayse Baybars | Title: Harvard: Home or Hogwarts | 3/3/2010 | See Source »

...grown LeVay sons, Kent (Jason Dirden) and Flip (Billy Eugene Jones), return home for a holiday, each bringing with them a romantic interest. Kent’s girlfriend is Taylor (Nikkole Salter), an angry, intelligent, lower-middle-class black entomologist who wants nothing more than to fit in with the LeVays. Flip, on the other hand, brings home the white, wealthy Kimber (Rosie Benton), who works with lower-class students in a poor neighborhood. The two women inevitably clash, as do the two brothers. Maid Cheryl (Amber Iman) and patriarch Joe LeVay (Wendell W. Wright) observe the couples?...

Author: By Araba A. Appiagyei-Dankah, CONTRIBUTING WRITER | Title: HTC's 'Stick' Flies in the Face of Racism | 3/2/2010 | See Source »

...band continues in a similar direction on “Permalight,” not only by incorporating studio sounds, but making them a fundamental part of the album. If a return to the lo-fi sounds of their early recordings seemed unlikely after “Asleep at Heaven’s Gate,” “Permalight” makes it seem almost impossible. Rogue Wave haven’t lost their penchant for crafting incredibly appealing hook-laden melodies, which ensure the memorable impression “Permalight” leaves...

Author: By Thomas J. Snyder, CONTRIBUTING WRITER | Title: Rogue Wave | 3/2/2010 | See Source »

...candidates outside Uribe's alliance hope for major shifts in the electoral landscape. "If the President can't run, there will be a change in popular support," says Rafael Pardo, the Liberal Party's presidential candidate. Pardo believes traditionally Liberal voters who switched their allegiance to support Uribe will return to the Liberal Party. In any case, the candidates have precious little time to gear up for the vote. "It's clear the [debate over the term-limits] referendum did a lot of damage because it cost the electoral campaign almost a year of analysis, and a country as complicated...

Author: /time Magazine | Title: Colombia Gets Ready for Life After Uribe | 3/2/2010 | See Source »

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