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Nonprofits, too, are likely to cheer the plan. Bradford Smith, who is the president of philanthropy-research firm Foundation Center, says Goldman's move could help service organizations at a time when many are struggling to raise funds. "Ideally, you would hope rich people would voluntarily share their wealth," says...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

On Monday, New York Attorney General Andrew Cuomo asked eight large banks to turn over data on their expected 2009 bonus payouts. President Barack Obama is considering leveling a fee on financial firms to help the government recoup the costs of last year's bank and auto bailouts. FDIC officials...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

“The only important committees are the ordinance and the finance committees, both of which are committees of the whole,” he said, meaning all councillors serve on these committees. In Winters’s opinion, “the people make a...

Author: By Rediet T. Abebe, CRIMSON STAFF WRITER | Title: Cambridge Remains Without Mayor | 1/12/2010 | See Source »

“I think overall we did a pretty god job and played solid defense,” co-captain Claire Wheeler said. They shot too many threes against us, especially in the second half. [NJIT’s Jessica Gerald] had six threes against us, and we definitely...

Author: By Colin Whelehan, CRIMSON STAFF WRITER | Title: Defense Holds Strong in Road Win | 1/12/2010 | See Source »

At stake is far more than a simple Senate seat, even one held by Ted Kennedy. Brown has boasted that if he wins, he'll be the linchpin in a successful GOP filibuster of health care reform, and Coakley has stressed on the campaign that she would be the 60th...

Author: /time Magazine | Title: Could the Democrats Lose Kennedy's Senate Seat? | 1/12/2010 | See Source »

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