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...That means the banks face another test just one month from now. It's similar to the strategy the government took with the automakers, which were also asked to present a recovery plan before receiving new government funds. So, just like the automakers, expect some big changes at the banks over the next month. Top executives of Bank of America, Citigroup or Wells Fargo could be out of a job. The government may also decide it wants a much bigger stake in the banks than some are currently letting on. Maybe Tim Geithner and Ben Bernanke are better at tying...

Author: /time Magazine | Title: The Bank Stress Tests: A $75 Billion Mid-Term Exam | 5/7/2009 | See Source »

...Outing Club to the test. Two students flipped over in rough waves and were carried away from the rest of the group. It was nearly an hour before the two were rescued by a Coast Guard helicopter and boat.Prospective members can rest assured though: Miller says nothing similar has occurred since. THINKING OUTSIDE THE BOXThough the Outing Club has many enthusiastic, nature-loving members, “there isn’t a lot of presence for people who aren’t sure if they’re interested in the outdoors,” Hersher says. She hopes...

Author: By Kate A Borowitz, CRIMSON STAFF WRITER | Title: Oh, the Places You'll Go! | 5/7/2009 | See Source »

...week or two before those of the CDC. "Each flu season for the past few years, we see a sharp uptick in flu-related queries at the beginning of flu season," says Google Flu Trends' Ginsberg. "One to two weeks later, the official reports come out and show a similar uptick. But because we are able to release estimates in near real time, we can get data out faster while still being accurate...

Author: /time Magazine | Title: Is Google Any Help in Tracking an Epidemic? | 5/6/2009 | See Source »

...Lankan government has been more welcoming of delegations from sympathetic countries, such as India, South Asia's regional superpower, and Japan, Sri Lanka's largest donor country. Neither has tried to exert similar public pressure. The Indian foreign secretary, Shivshankar Menon, met with Rajapaksa on April 24; three days later the Army announced that "combat operations have reached their conclusion," a declaration that was quickly clarified - it meant the Army would cease only heavy bombardment. On April 30, the Times of London reported that the U.S. and Britain were trying to use Sri Lanka's application for a $1.9 billion...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

...Canadian government's bailout of Chrysler Canada the worst deal it has ever made? Quite possibly, some critics say, and more of the same is waiting just around the corner as General Motors prepares to ask that country's taxpayers to fork over a similar amount of money in a few weeks' time...

Author: /time Magazine | Title: Whose Auto Bailout Is Most Expensive? Go Canada! | 5/6/2009 | See Source »

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