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...large credit bureaus just released a report that says 4.7% of payments for bank-issued credit cards were late sixty days or more in March, an increase of 38% over the same month last year. According to Reuters, "In March, lenders closed 20 million card accounts, sending the total down by 58 million since the peak in July 2008 to 380 million." Banks will not be lending to consumers as long as there are no solid and sustained signs of an economic recovery. They cannot afford the risk after all of the write-offs they have already taken. (See pictures...

Author: /time Magazine | Title: Despite Signs to the Contrary, Real Estate Will Get Worse | 5/5/2009 | See Source »

...last battle, they defend their position with human shields: Tamil women and children. But the Tigers are not the Tamil population, and it does not follow that the legitimate claims of those who see them as freedom fighters should be unduly ignored. It’s been total war thus far, and both the state and the tigers have committed severe human-rights violations (the state itself has refused to allow the United Nations Human Rights Council to conduct an investigation). It is in Sri Lanka’s best interest not to pretend that ethnic violence on both sides...

Author: By Raúl A. Carrillo | Title: The Means of the End | 5/5/2009 | See Source »

...until tomorrow, following a plan laid out last Friday. “If things stay stable, hopefully they’ll [both] be open on Thursday,” Rosenthal said, also noting that all of the infected students were making full recoveries. The three Harvard cases join a total of 34 cases in Massachusetts, a figure that officials say has ballooned over the week due to the newly-acquired availability of highly specific testing within the Boston area’s state lab. None of the cases in Massachusetts have led to fatalities, though three patients were forced...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: Three Cases Confirmed as Swine Flu | 5/5/2009 | See Source »

...western portion of the affair, which the Crimson competed in, while Georgetown took home the team trophy in the eastern category of the race. However, Harvard’s seventh-place team effort was more than enough to enable it to make the trip to nationals, as it totaled 111 points, 46 better than the top-placing non-qualifying school in its division, Connecticut College.The Crimson’s efforts were led over the weekend by the B-division duo of Garrity and sophomore crew Grace Charles. They placed third in their division, starting and ending the weekend with victories...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: WEB UPDATE: Co-Ed Sailors Qualify for Nationals | 5/5/2009 | See Source »

...Foundation president Langdale said names of contributors will not be released because some donors prefer anonymity. He also would not disclose the exact total raised thus far. But other sources reported commitments totaling more than a third of the $300 million projected for the George W. Bush Presidential Center, which will include a museum and research institute to be built on a 25-acre parcel...

Author: /time Magazine | Title: Bush Library Raises $100 Million in 100 Days | 5/4/2009 | See Source »

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