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...losses would deal a blow to financial firms already struggling from rising delinquencies, and could force some troubled firms such as Bank of America, Citigroup and Wells Fargo to go back to the government for another round of financing. That could create another problem: There's just $135 billion left in the Treasury Department's Troubled Asset Relief Program, so an increasingly cantankerous Congress could balk at being called on to pony up more funding for the program. (Read "Separating Toxic Assets From Legacy Assets...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

However, commanding an intimidating presence at the plate is no new feat for the San Francisco, Calif. native. Starting in the third grade and playing year-round in the Golden State ever since has given Shaw plenty of preparation for her first season in the Ivy League...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Acclaimed Frosh Steps Up to First | 3/31/2009 | See Source »

...Once again the Crimson finished strong to claim their runner-up position over the two-day affair. Harvard was tied for second with Yale with a 7-2 record after day one but then went on to post the best record of Sunday’s championship round at 5-1 to finish 12-3 on the weekend, just back of the Eagles 13-2 mark.“We won most of our races off the starting line,” Watson said. “We had some really close races with BC and I think we have...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Crimson Sailing Performs Strongly | 3/30/2009 | See Source »

...secret tunnels snaking into Gaza. This is no idle boast. On Sunday, a senior Israeli security chief told Olmert's Cabinet that since Israel ended its 22-day offensive in Gaza on Jan. 1, Hamas had smuggled in 22 tons of explosives and "tens" of rockets, readying for another round of fighting. Israeli officials can breathe easier knowing that the longer-range Fajir missiles did not get through. Iran and Hamas, no doubt, will try again...

Author: /time Magazine | Title: How Israel Foiled an Arms Convoy Bound for Hamas | 3/30/2009 | See Source »

...Early Career program drew more than 2,000 applicants whose work directly related to biology or medicine, according to the Howard Hughes news release. Massachusetts-based scientists received the most grants nationwide, with three going to MIT and two to the University of Massachusetts Medical School in Worcester. Another round of Early Career grants is expected in 2012. In addition to providing grant programs, Howard Hughes—a non-profit biomedical research organization headquartered in Chevy Chase, Md.—conducts research in collaboration with universities, medical centers, and other research institutions nationwide. —Staff writer...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Harvard Benefits From New Grants | 3/29/2009 | See Source »

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