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...which is still not entirely known, according to Humphreys. The Olympic stadium was a particular disaster; originally budgeted for C$156 million, it ended up costing the city C$2 billion, including numerous fixes to the roof and years of interest payments. The Quebec government had to introduce a special tobacco tax to help pay down its Olympic investment...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

Normally, the FDIC would assess a special onetime fee to banks to raise the money it needs for its fund. But bank executives have been saying that any additional payments they have to make to the FDIC above their normal quarterly bill would force them to cut lending. Special assessments have to be recorded as a cost when they are paid to the FDIC, which reduce bank earnings and capital. It was a capital crunch that caused the financial crisis in the first place. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

...Dunster House Library is open from 6 p.m. to 1 a.m. Monday through Thursday with alternate hours on the weekends and is staffed by a student desk attendant or its librarian, Martha Diaz. Its books are non-circulating and may only be taken out of the library with special permission. Unlike Lamont and Widener, there is no security system to prevent books from being stolen...

Author: By Tara W. Merrigan, CONTRIBUTING WRITER | Title: Barred Books in Dunster Draw Criticism | 9/29/2009 | See Source »

...raid by U.S. special forces has taken out a man believed to be one of al-Qaeda's top operatives in East Africa. Saleh Ali Saleh Nabhan, a 28-year-old Kenyan, was killed along with several others when helicopter gunships fired on his convoy in southern Somalia. A member of the nation's al-Shabaab insurgency, Nabhan was linked to the 1998 bombings of U.S. embassies in Kenya and Tanzania and was wanted for a 2002 attack on a seaside hotel in Kenya and a failed plot to blow up an Israeli airliner. Somali militants have vowed retaliation...

Author: /time Magazine | Title: The World | 9/28/2009 | See Source »

...mean, seriously. Go read my book like the rest of America. What, you think you're all special and "privelaged" because you go to Harvard? I mean, look at your school. They invite people like...

Author: By Manning Ding | Title: Peggy Noonan 101: All About Moi | 9/28/2009 | See Source »

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