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...turning out to be the most cumbersome and embarrassing of the government's neighborhood improvement projects. Word made it out recently that employees in the division that caused most of AIG's losses would be getting $450 million in bonuses. Some of the media put the number lower than that, but Congress and The White House have already complained loudly that any amount of money paid to an operation that helped undermine AIG's viability should get nothing. Edward Libby, the feckless former head of Allstate (ALL) who was brought in to turn AIG around, apparently did not know about...

Author: /time Magazine | Title: AIG's Bailout and the Price of Doing Business | 3/16/2009 | See Source »

...Kalfayan to clinch the decisive fourth point at No. 6 with a 7-5, 6-4 win over Pandit—the Crimson co-captain’s second singles win of the weekend.“Considering that Mike went down [with the team], had to turn in his thesis next Thursday, [and] literally studied non-stop, he played beautifully,” Fish said. OLD DOMINION 4, HARVARD 3 In Saturday’s fixture, Crimson hopes of a comeback following its loss of the doubles point rested on the shoulders of Alistair Felton—competing...

Author: By Allen J. Padua, CRIMSON STAFF WRITER | Title: Crimson Splits Time in Virginia | 3/15/2009 | See Source »

House list: Like drinking from a fire hose. Mather-Open, subscribers quickly find, overflows your inbox with love letters, embarrassing disclosures, heated debates, and daily requests for tower residents to turn down the Beyoncé. It’s a testament to the friendliness and community spirit of Mather House that no plea for strobe lights, bedsheets (?), blowup hammers, or the fax machine (don’t ask about the fax machine) goes unanswered...

Author: By Meredith C. Baker and Cara K. Fahey | Title: The Housing Crisis: Mather House | 3/15/2009 | See Source »

...Department and meet basic humanitarian conditions. They're also building a new prison in Taji, north of Baghdad, with 5,600 beds. The plan is to continue to release most of the Bucca detainees and transition the high-threat inmates over to Taji, train Iraqi staff there and then turn the entire facility over to the Iraqi corrections system. Bucca is expected to be closed by July, and the U.S wants to be out of the detention business here by early next year. But it's going to take more than just additional bed spaces to help boost the Iraqi...

Author: /time Magazine | Title: In the Waterfront: The U.S. Prison for Iraq's Worst | 3/15/2009 | See Source »

...Puzzlingly, however, the junta's planting directive has not been matched by adequate infrastructure to turn those acres into energy, like collection mechanisms, processing plants, distribution systems. My friend dutifully tends his jatropha trees and then watches the seeds fall on the ground and die. In his case, the spindly physic-nut shrubs in his garden are supplanting a fragrant frangipani tree or colorful hibiscus bush. But elsewhere in Burma - a nation where UNICEF estimates malnutrition afflicts one-third of children - farmers have had to put aside valuable crop land for a wasted plant...

Author: /time Magazine | Title: Biofuel Gone Bad: Burma's Atrophying Jatropha | 3/13/2009 | See Source »

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