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...have gone along with any offers from BlackRock, an adviser to the Fed. Nor is it clear whether any deals would have been more profitable for AIG, given the rebound in the credit markets. But what is clear is that the troubled insurer had more room to bargain than it and its government rescuers have let on. AIG and BlackRock declined to comment both on the bond manager's report and AIG's bond-insurance dealings. (See the best business deals...
...light of its financial difficulties, Harvard will likely need to cut costs in order to accommodate more residents over the break. Thus, the College should consider having students apply separately for room and board. Ideally, everyone who remains on campus during J-term would receive a meal plan. However, Harvard cannot wait to expand the program until economic conditions improve. Awarding HUDS privileges based on an application process that considers financial need could allow the College to increase the number of students in residence over J-term at low cost...
Someone had better turn Cinderella back into a maid, because one family claims Disney World needs some serious cleaning. They say they got bitten by bugs in a room at one of the theme park's resorts...
When the Avenger contacted Disney, a spokesperson said that the resort has a bug expert on staff who investigated the complaint and found no evidence of bedbugs in the room. So what bit the Erlemeier family? It's impossible to know...
When journalists in the crowded room pressed him for more details, he cut them off. "Our challenge is just this," he said. "To find out if there's anything beyond what we've already done...