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...Administration's long-awaited plan to save America's banks is being delayed again, government sources tell Time. Fears of an AIG-like backlash among potential private investors, and the difficulty of creating a model to price toxic assets on the banks' balance sheets, have both contributed to the delay, the sources...
...Chinese drilled the earth near the muddy Kaladan River in search of black gold. Then, just as suddenly, they left. In December, the Indians arrived. Through Burmese intermediaries, they took the village's paddies as their own, depriving locals of their main source of income. Compensation was promised, villagers tell me, but none has been paid so far. So the impoverished residents of Mee Laung Yaw village, who lack electricity and eat eggplant curry as a poor substitute for meat, spend their days gazing at their expropriated fields, now fenced in and dominated by an oil-exploration tower that dwarfs...
...Programs like Shakti, which successfully mix philanthropy with the bottom line, may show the way forward for companies trying to preserve their CSR programs in the rocky economic climate. Although companies are loath to admit that they are cutting their spending on social programs, nonprofit organizations tell TIME that since the recession hit, several have canceled commitments to help fund projects. "We have had three or four partners pull out since October or November, after we had every expectation of the money," says the head of a small organization in London that runs youth programs in eight countries, mostly...
...couldn't tell what was real and what was animated--even knowing that the 9-ft.-tall blue, dappled dude couldn't possibly be real. The scenes were so startling and absorbing that the following morning, I had the peculiar sensation of wanting to return there, as if Pandora were real...
...attitude and straightforwardness.“He didn’t sugarcoat anything,” Caputo said. “He was honest about the whole process and told me it would be one of the most rewarding experiences of my life. And as far as I can tell, he was right.”Weiss’s ability to recruit and cultivate highly motivated and talented athletes like Caputo has been an important aspect of his coaching success. In seven of his 14 years, Crimson grapplers have been named the Ivy League Rookie of the Year...