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...time she arrived, Mendillo was dealing with not only a new staff but also small glimpses of the crumbling financial landscape that would engulf her first year.“When I started in July, I don’t think anyone could have foreseen the type of financial wind shear that lay ahead,” Mendillo says. “On July 3, the commodities market peaked after having been up 70 percent last year...and it went downward, pretty much in a straight line, to a negative 70 percent correction during the course of the fiscal year...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

Athletics have never—ever—been my strong suit, but when I talk to my mother about Harvard, I wind up running defense. She’s coming at me with endowments and advising and “Why should you have to pay to see your peers perform?” and “Why can’t the house just open storage early for you?,” and I’m right back at her with economic realities and intellectual independence and “Student groups support themselves?...

Author: By Jillian J. Goodman | Title: How I Learned to Play Football | 6/2/2009 | See Source »

...Thus, as he headed into his key meetings in China, Geithner actually had an ever so slight wind at his back. He acknowledged as much, in fact, upon greeting Prime Minister Wen: "At the time we met in New York [last autumn]," Geithner told him, "it was a time of great panic. But we are happy to see small signs of recovery...

Author: /time Magazine | Title: Geithner Gets a Warmer Reception in China | 6/2/2009 | See Source »

That they do. Critics of the drones ask if it makes sense for the U.S. to use them when every strike inflames Pakistani public opinion against a pro-U.S. government that is at the point of collapse. "If we wind up killing a whole bunch of al-Qaeda leaders and, at the same time, Pakistan implodes, that's not a victory for us," says David Kilcullen, a counterterrorism expert who played a key role in developing the surge strategy in Iraq. "It's possible the political cost of these attacks exceeds the tactical gains." And yet Pakistani leaders like...

Author: /time Magazine | Title: The CIA's Silent War in Pakistan | 6/1/2009 | See Source »

...found for the first time more Americans considering themselves pro-life than pro-choice. Mahoney had hoped this would inspire Republicans to take a hard line on Supreme Court nominee Sonia Sotomayor and her views, largely unknown, of Roe v. Wade. "This might take some of the wind out of that issue," he said. (TIME Archive: "Fear in the Land...

Author: /time Magazine | Title: Tiller's Murder: How Will It Impact the Abortion Fight? | 6/1/2009 | See Source »

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