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...Geithner, testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

There's more good news from the international front. In the New England Journal of Medicine on Thursday, researchers in Australia and Britain reported the early findings of their H1N1 vaccine studies. Preliminary data from the Australian trial showed that 21 days after getting one shot, 96% of the 240 trial volunteers ages 18 to 64 generated an impressive amount of antibodies to the virus. The results were "unanticipated," according to the authors; health officials had expected that people would need two doses of the vaccine for full protection because H1N1 is a new flu virus to most...

Author: /time Magazine | Title: Early Data Show H1N1 Vaccine Is Highly Effective | 9/10/2009 | See Source »

Mendillo emphasized in the endowment report released Thursday that the portfolio is “well positioned” to seize on new investment opportunities and to support University operations. But the report also supplies telling details about the brutal losses sustained by HMC since last July—losses that in many cases exceeded those of standard benchmarks. Possible investment policy missteps that exacerbated the effects of the global financial crisis on HMC, such as the maintenance of an insufficient cash reserve, are mentioned prominently as well...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

Anjali Lohani ’08, a former Crimson editor who lives in the adjacent building, recalled returning home on an otherwise normal Thursday evening...

Author: By Manning Ding, CRIMSON STAFF WRITER | Title: Skeleton Found in Cambridge Home | 9/8/2009 | See Source »

Construction workers who were building a back porch between the house, which is owned by Rosalie Foster, and an adjacent building, discovered the bones and gun on Thursday, according to the Boston Herald...

Author: By Manning Ding, CRIMSON STAFF WRITER | Title: Skeleton Found in Cambridge Home | 9/8/2009 | See Source »

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