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...What's unclear is if the Big Three, particularly GM, can last that long. Ford said in the recovery plan it submitted Tuesday that it can survive through 2009 without a loan - provided neither one of its two competitors goes bankrupt and drags down the industry's entire supplier network. But Chrysler asked for $7 billion in loans, and GM said it would need $4 billion by the end of this month and upwards of an additional $14 billion next year to survive. All told, the companies have asked the Federal Government for $34 billion (including a $9 billion emergency...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

...their loans to more favorable terms. However, the California plan, as envisioned by Schwarzenegger, would require banks to put in place a 90-day moratorium, while Crist is said to angling for voluntary participation by banks (California's legislature has yet to approve Governor Schwarzenegger's plan.) It remains unclear whether Crist will seek or even needs legislative approval for his plan, especially if the banks agree to the moratorium on their own. According to Ivey, Crist could make an announcement on his foreclosure plan as early as this week...

Author: /time Magazine | Title: Florida Moves to Provide Relief on Foreclosures | 12/1/2008 | See Source »

...Still, despite the BJP's rush to seek political advantage from the government's failings in Mumbai, it remains unclear how much traction the opposition party and its allies can gain. During their last term in power, some of the worst religious riots India has ever experienced occurred in the state of Gujarat in 2002, leaving thousands dead. A year before that, an audacious terrorist attack had seen MPs come under fire inside India's Parliament building. Some of the BJP's right-wing allies, such as the Shiv Sena, an influential Hindu-nationalist party in Mumbai, have a reputation...

Author: /time Magazine | Title: Mumbai's Fallout: Will India's Government Survive? | 12/1/2008 | See Source »

...must change. If only as an act of protest to the status quo—in which the Ad Board remains in need of serious reform—students with disciplinary cases before the Ad Board should consider availing themselves of this alternative judicial body. Though it remains somewhat unclear as to what cases are meant to be handled by the SFJB—Ad Board precedent is far from codified—all decisions regarding the Board’s purview are ultimately decided by the SFJB, whose members must provide a majority vote before a case...

Author: By The Crimson Staff | Title: Board Games | 11/30/2008 | See Source »

Three days after the Mumbai attacks, it is unclear who is behind them. And that in itself tells a story...

Author: /time Magazine | Title: The Mumbai Perpetrators Showed Combat Training | 11/28/2008 | See Source »

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