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...issue of Lewis' honesty resurfaced this week when a judge in U.S. district court rejected a proposed settlement struck between Bank of America and the Securities and Exchange Commission (SEC) over Merrill bonuses. The SEC and Bank of America had earlier agreed that the bank would pay a $33 million penalty to settle an investigation into whether it misled shareholders about year-end payouts on the eve of a vote to approve the merger. As part of the proposed settlement, Bank of America neither admitted nor denied that it had done anything wrong...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...Kennedy—who passed away on Aug. 25—is best remembered for what he became after college: the last surviving brother in a generation of an iconic American political family; a polarizing figure struck by tragedy and plagued by self-inflicted controversy; the “Lion of the Senate,” an avowed liberal who reached across the aisle in the name of getting things done for the causes he believed...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: FOOTBALL '09: Kennedy: Fighter From the Start | 9/18/2009 | See Source »

...this time - they were "sure" that the decapitated body found in the house where the seige occurred was that of the Malaysian fugitive believed to have masterminded everything from deadly Bali bombings and an attack on the Australian embassy in Jakarta to the twin explosions on July 17 that struck two hotels in the Indonesian capital. DNA tests in coming days will confirm Noordin's identity, say police, although the corpse's fingerprints already match those believed to be his. (Read "Inside the Manhunt...

Author: /time Magazine | Title: Why Indonesia's War on Terror Is Far From Over | 9/18/2009 | See Source »

...these, scoring twice in the first two minutes of the second quarter. 30 seconds into the period, the captain harnessed a long pass from the Crimson end and tossed a soft lob over the head of the MIT goalkeeper and into the net. Just over 30 seconds later, he struck again, taking a feed from Balaraman and burying it in the back of the goal, giving Harvard a 4-1 lead. The first half was closely contested, with Harvard going into halftime leading only by one goal at 5-4. At halftime, however, the Crimson looked to build...

Author: By Charlie Cabot, CRIMSON STAFF WRITER | Title: Harvard Enjoys Welcome Home Win Over MIT | 9/17/2009 | See Source »

...Pharmaceutical companies would also, per an agreement struck with the Obama Administration earlier this year, cut name-brand-drug costs 50% for Medicare Part D recipients stuck in the "doughnut hole," the gap in prescription-drug coverage that exists once seniors' drug costs for the year exceed a certain amount ($2,700 in 2009). This provision would go into effect in 2010 and is expected to cost drugmakers $80 billion over 10 years. (Part D beneficiaries who get low-income subsidies, are enrolled in a retiree drug plan or earn more than $85,000 would not be eligible...

Author: /time Magazine | Title: The Baucus Health Bill: A Primer on What's in It | 9/16/2009 | See Source »

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