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...said Chau. “Our goal is to contribute to the overall pride of the school community.” Chau’s plans to expand his operation to other universities might be met favorably even by Yale’s gridiron enemies, according to Rick Calixto, Harvard’s director of trademark operations. “We always encourage entrepreneurial students to pursue their ideas, and we would certainly be in support of a Harvard sneaker line so long as it fell within accepted traditional parameters,” Calixto said. For now, the idea behind...

Author: By Marc G. Steinberg, CONTRIBUTING WRITER | Title: Yalies Sell School-Specific Shoes, Harvard Next | 3/10/2009 | See Source »

...FDIC decided to run the bank itself rather than rely on the bank's past managers or hire new ones. So almost immediately after the agency took over IndyMac last July, it sent over two of its top officials, chief operating officer John Bovenzi and Dallas-based assistant director Rick Hoffman, to Pasadena, Calif., to run the bank. Bovenzi became IndyMac's CEO. Hoffman took on the role of president. For Bovenzi and Hoffman, cost-cutting was high on their agenda. They slashed the rate the bank was paying on certificates of deposit. Expensive perks were out as well...

Author: /time Magazine | Title: Nationalized Banks: Why They Might Work | 3/6/2009 | See Source »

Success in the race has minted heroes out of many ordinary Alaskans. Among the giants of the Iditarod are five-time champion Rick Swenson; families like the Redington, Seavey and Mackey clans, who have captured multiple championships and together have placed an entrant in every race since the event's inception; and four-time winners Susan Butcher and Martin Buser, who owns the record for the event's fastest recorded time (8 days, 22 hrs. and 46 mins). To prepare for the rigors of the journey, mushers spend months prepping their dogs, who are subject to drug screenings and tracked...

Author: /time Magazine | Title: The Iditarod | 3/6/2009 | See Source »

Obama, President Barack • failure of is hoped for by Tom DeLay • failure of is hoped for by Rick Santorum • failure of is really really REALLY hoped for by Rush Limbaugh • failure of to name Howard Dean as Secretary of Health and Human Services disappoints Howard Dean • graying of • medical marijuana distributors will not be raided by federal government headed by • poll reveals that "African Americans are significantly less likely than whites" to be amused by jokes about race of • predecessor of continues to be properly dissed...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 3/6/2009 | See Source »

...band’s highly anticipated twelfth full-length release—an album with a few solid rock cuts but no instant classics or spiritual transcendence.The five-year buildup to “No Line” has been long and labored, including terminated sessions with Rick Rubin at Abbey Road Studios, an extended visit to Morocco, and the enlistment of longtime collaborators Brian Eno and Daniel Lanois as not only producers, but fellow songwriters. What makes this album so disappointing is that the past half-decade has ultimately yielded a cohesive and dense group of songs...

Author: By Jessica R. Henderson, CRIMSON STAFF WRITER | Title: U2 | 3/5/2009 | See Source »

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