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Dates: during 2000-2009
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...banks that failed the tests and how much money they will be asked to bring in as new capital. Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) are troubled, as the government sees it, and will have to improve their balance sheets by a combined total of almost $60 billion. JP Morgan (JPM) and Goldman Sachs (GS) passed the tests and are free from any additional obligations. The stock market has been voting on which banks are in trouble. The price of the shares in each of the banks indicates that traders already knew which firms had problems...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

...selection.The results speak for themselves. Since the Web site’s launch, it has already garnered a base of 24,000 students. And not only is the number of users impressive, but the program seems to achieve its intended goal: according to Shah, a 200-point increase in total score is typical over the length of the course. THE “MATH” TO SUCCESSOne of INeedAPencil.com’s success stories is Evan M. Kendall, currently a junior at Sharon High School in Sharon, Mass. He discovered the Web site through a Facebook group...

Author: By H. Zane B. Wruble, CRIMSON STAFF WRITER | Title: Prepping for the Big Leagues | 5/7/2009 | See Source »

...would not be out of the woods. The price of the building itself is nowhere near the end of the expenses this initiative would incur. In the unlikely event that the building can be purchased, there will still be substantial renovation costs to meet. Architects have estimated that the total costs for these upgrades would be approximately $500,000, yet another large sum the UC must feel capable of paying. On top of everything else, there has even been talk of adding additional floors to the building, which makes the entire project appear like a bit of a farce...

Author: By The Crimson Staff | Title: The Capital Campaign to Nowhere | 5/7/2009 | See Source »

...Republican Supremacy lasted a total of two years...

Author: /time Magazine | Title: How the Republicans Can Come Back | 5/7/2009 | See Source »

...Ottawa and the Ontario government are contributing a total of $3.2 billion in loans to keep Chrysler Canada alive, including $850 million extended to the ailing automaker at the beginning of the year. Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty have characterized the Canadian contribution as proportional to the $12 billion in emergency loans that the Obama Administration has made available to Chrysler LLC, now under Chapter 11 bankruptcy protection. (See the worst business deals...

Author: /time Magazine | Title: Whose Auto Bailout Is Most Expensive? Go Canada! | 5/6/2009 | See Source »

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