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Greenberg is not likely to escape tough questions. It was Greenberg, after all, who supervised Joseph Cassano, chief of AIG's Financial Products (FP) unit, whose sales of uncollateralized credit-default swaps brought down the company. Representative Peter Welch, a Vermont Democrat and committee member, blamed Greenberg for "allowing a culture to develop that completely contradicted the insurance-company ethic of limiting risk." Greenberg, Welch said, is trying to redeem his reputation on the grounds that "he was out the door before the roof fell...

Author: /time Magazine | Title: Washington Looks to AIG's Greenberg for Help | 4/2/2009 | See Source »

When Flores' station failed to make mission, his superiors ordered him to attend what the Army calls "low-production training" in Houston on Saturday, Aug. 2. "When you're getting home at 11 and getting up at 4, it's tough, but it's the dressing down that really got to him," says a recruiter who worked alongside Flores. "They had him crying like a kid in the office, telling him he was no good and that they were going to pull his stripes...

Author: /time Magazine | Title: Why Are Army Recruiters Killing Themselves? | 4/2/2009 | See Source »

...dating websites by its research-based 250-word questionnaire that matches people on 29 dimensions of personality. The service has proven immensely popular, and is responsible for two percent of all new marriages in the United States, according to the website. “Though the economy is so tough right now, it’s such an exciting time to be coming out of school,” he said. He added that the company, which currently operates in four English-speaking markets, is looking to expand into other global markets. Recently, eHarmony has conducted research on married couples...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: eHarmony CEO Shares Experiences | 4/2/2009 | See Source »

...salt and pepper shakers and chef-prepared salads instead of an open salad bar are a few small changes Babson officials hope will make a big difference. An extensive educational campaign centered around washing hands is also in the works. “We’re taking really tough precautions of wiping everything down. It’s all about hygiene,” said Dennis Hanno, dean of the Undergraduate School at Babson College. “We’ve also been very proactive in encouraging students to stay on campus. We’ve cancelled...

Author: By Spencer H. Hardwick, CONTRIBUTING WRITER | Title: Norovirus Infects Babson | 4/2/2009 | See Source »

...swearing-in speech before the Knesset, Netanyahu appeared to soften his tough stance on the Palestinians, directing his words as much toward Washington as to Ramallah, the seat of the Palestinian Authority. Netanyahu, who leads a sprawling coalition of right-wing and religious parties that is tempered by the center-left Labor Party, vowed to improve economic, security and political ties with Israel's Arab neighbors. "We do not want to rule the Palestinians," he said. But nowhere in his speech did he mention the two-state solution championed by Washington. (See pictures of 60 years of Israel...

Author: /time Magazine | Title: Israel's New Leader: Can the U.S. Work with Netanyahu? | 4/1/2009 | See Source »

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