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...According to The Wall Street Journal, Citi is asking to lift "pay restrictions that could break apart its legendary energy-trading unit." If the government turns the request down, it is indeed likely that many of these people will leave for hedge funds, start their own businesses, of join banks based outside the U.S. The bank is not making an idle statement. If critical people leave, so does critical income. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: The Importance of Paying Citigroup Bankers Bonuses | 4/29/2009 | See Source »

Three previous trials have established this much: on March 12, 2006, a small group of junior soldiers slipped away unnoticed from a lightly defended traffic checkpoint just outside the insurgent-infested town of Yusufiyah, 20 miles south of Baghdad. Nursing a hatred of Iraqis stemming from heavy losses their unit had suffered, and fueled by several bottles of Iraqi whisky, they embarked upon a premeditated crime of gruesome barbarity. Donning black long-underwear outfits as disguises, even though it was the middle of the day, they traveled a few hundred meters to an isolated farmhouse where they gang-raped Abeer...

Author: /time Magazine | Title: Civilian Trial Begins for Ex–Iraq Soldier | 4/29/2009 | See Source »

...tremendous 121 million shares a day. Any news about the potential bankruptcy of GM (GM) or Chrysler moves Ford's stock due to concerns, among others, that a liquidation of either of those firms could bring down parts suppliers that serve the entire industry. The monthly release of domestic unit sales also pushes the stock up and down...

Author: /time Magazine | Title: The Top 10 Stocks for Short Sellers | 4/27/2009 | See Source »

...beautiful Saturday evening, fans of Harvard football got their first look at next fall’s edition of the Crimson in the annual intra-squad spring game at Harvard Stadium. Unsurprisingly, the first unit, dressed in crimson, demolished its white counterparts in a 42-14 rout. “We weren’t going one versus one,” Harvard coach Tim Murphy said. “If it was one versus one, it could have been a pretty boring spring game. This was for recruits, this was for the scoreboard, this was for whatever fans...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Questions Remain After Spring Game | 4/26/2009 | See Source »

...Sextuplets (by birth or in a boy band) are uncommon and overwhelming, while musical arrangements are more likely to be written for a quartet or a quintet. Because of this, if the word sestet rings a bell, it is likely that the cognizance dates back to your high school unit on poetry. The sestet is commonly known as the last 6 lines of a sonnet, usually demarcating a turn in thought. And though a sestet can be any six-lined stanza or poem, with “Sestets,” the latest volume of poetry by Charles Wright...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: 'Sestets' Illuminate Space Between Physic and Aesthetic | 4/24/2009 | See Source »

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