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...were Wednesday on Capitol Hill. Late in the day, the House of Representatives passed by a wide margin of 237-170 a bill to give General Motors and Chrysler $14 billion in emergency loans from a green modernization fund that Congress created earlier this year. (Ford is in better shape and has not asked for short-term emergency assistance.) But behind the scenes, things looked pretty dire for the Big Three's hopes of a rescue...

Author: /time Magazine | Title: Another Bailout Blowout? Why the Auto Deal May Crash | 12/11/2008 | See Source »

...world financial crisis buffets country after country, Russia was never going to be spared. It's in much better shape than it was during the last financial crisis, in 1998, when the ruble collapsed and the country defaulted. This time, Russia has $450 billion in foreign reserves left from the $600 billion it had amassed thanks to the soaring energy prices of the past few years. Its biggest banks, all of them state-controlled, appear to have largely avoided the toxic assets that have been the downfall of so many of their counterparts in the U.S. and Western Europe...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...Spam--for Spamghetti carbonara--he tested one and was surprised. It was pleasantly hamlike and not as salty as he had expected. And it was eerily airy. He was so confused, he grabbed the can and scanned the ingredients. It was the potato starch. That's what holds the shape but kind of melts in your mouth. He ate some more, still thrown by its lightness, and thought it would work better in a frisée-and-lardon salad, fried into light little bacony croutons. Or in a taco. "It could almost take the place of chicharrón," he says...

Author: /time Magazine | Title: Welcome Back, Spam | 12/11/2008 | See Source »

...emerge from Harvard feeling as if they’ve learned something vaguely cohesive—not just having completed the required classes. And while it is the responsibility of individuals to have agency over their own work, a department can do a great deal to lure concentrators and shape scholars when it provides excellent guidance.The English department is a model for introspection and constructive criticism at this point, and it would do well to consider student input moving into the future. For example, introductory courses like English 10a and 10b are still valuable—even if they should...

Author: By The Crimson Staff | Title: The English Revolution | 12/9/2008 | See Source »

...that includes more than 13 events throughout the week. During the light installation last night, the Harvard-Radcliffe Veritones performed and Dean of the Faculty of Arts and Sciences Michael D. Smith and Professor Jacqueline Bhabha made opening remarks. “We celebrate the 60th anniversary in the shape of a completely original and inspirational artistic piece,†said Smith before he symbolically flipped the switch to turn on the projectors. The event also featured a short presentation by the student group The Harvard College Human Rights Advocates (HCHRA), in which members read articles from the declaration...

Author: By Brittany M Llewellyn, CRIMSON STAFF WRITER | Title: Exhibit Exalts Human Rights | 12/9/2008 | See Source »

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