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While a merger may make sense in terms of consolidating a troubled industry as a whole, it may not make financial sense given the specifics of GM's situation. While GM has insisted its current reserves of $21 billion can help it weather the economic turmoil and continue its restructuring efforts through 2009, that amount may not be enough to finance a post-merger restructuring of Chrysler. GM is also publicly committed to delivering the new electric Volt automobile before end of 2010 and closing Chrysler plants and technical centers to save cash could violate the spirit of $25 bilion...

Author: /time Magazine | Title: How Likely is a GM-Chrysler Merger? | 10/13/2008 | See Source »

Beautiful weather and a weak opponent made for a very pleasant Saturday afternoon for the Harvard men’s soccer team. The Crimson (5-3, 2-0 Ivy) cruised to a 2-0 victory against Cornell with goals from seniors Mike Fucito and John Stamatis.The win sends Harvard into next weekend’s showdown at defending Ivy champion Brown undefeated in league play.“It’s a tough one mentally, coming off the rivalry game against Yale and then having the game against Brown coming up next week,” Harvard coach Jamie...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Victory Sets up Battle With Brown | 10/13/2008 | See Source »

...Pollak said. “I kind of had my game going. I had really been struggling around the greens, since the short grasses are different up here from what I was used to back in Texas, but I finally started getting it together.” Favorable weather conditions and familiarity with the course both contributed to the success of the Texan. “I had seen the course before when I visited Penn, and immediately I really liked it. It reminded me of a course I played back in Texas,” he said...

Author: By Elizabeth A. Joyce, CRIMSON STAFF WRITER | Title: Weak Day One Stifles Crimson | 10/13/2008 | See Source »

...enough? Try this on for size: While Carol and the Spirit employee argued at the counter, the airline delayed her original flight because of weather and pushed back scheduled boarding. Still, the employee told Carol there was simply nothing she could do, even after Carol explained that she had no food or formula for her grandchildren - the youngest of whom has Down syndrome...

Author: /time Magazine | Title: Spirit Air Leaves a Family Deflated | 10/13/2008 | See Source »

...What’s the number one thing you would change about Harvard? MTH: Cable, dining hall hours, section ABC: 24-hour dining halls, soft serve ice cream machines instead of soft severe froyo TJ: Winter, Quad, nothing at all NAN: Location, scheduling of classes on Fridays MMP: Weather, more social space, location...

Author: By Lindsay P. Tanne, CONTRIBUTING WRITER | Title: Harvard’s Family Gets Put to the Test Before They Head to Hollywood for the Big Show | 10/8/2008 | See Source »

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