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...keeping the lights on at what was once the nation's largest bank will again be on display on Thursday. For the first time, Citi's CEO will testify before the Congressional Oversight Panel (COP), set up by Congress to monitor the government's bailout of the financial system. Elizabeth Warren, a Harvard professor and longtime critic of the banking industry, heads the COP. Also testifying before the panel will be Herb Allison, who runs the Treasury Department's Troubled Asset Relief Program (TARP), the main vehicle the government has used to assist banks. Warren has said she wants Pandit...

Author: /time Magazine | Title: Citi and the Government: Still a Close Relationship | 3/4/2010 | See Source »

...Elizabeth Hammond, a parent who spearheaded the movement to keep the OLA program unchanged, said that the proposed changes would have “[undone] how the program worked.” She also said that the teachers at the King Open School were “devastated” about the possible adjustments to the program...

Author: By Linda Zhang, CRIMSON STAFF WRITER | Title: Bilingual Immersion Program Avoids Budget Cuts | 3/4/2010 | See Source »

...Daily Mail may take the prize for the most outrageous coverage so far. Aside from the two quotes in the previous paragraph, the paper ran a caption beneath a front-page photo of Queen Elizabeth II with Zuma and his newest wife, Thobeka Madiba Zuma, reading: "Just Brought One Wife, Mr. Zuma?" The Mail also commented on what it called Zuma's "colorful life," which consists of "five wives, a love child with the daughter of one of his political allies, a criminal trial for alleged rape of an HIV-positive woman and corruption charges." Not stopping there, the paper...

Author: /time Magazine | Title: South Africa's Zuma vs. the Media in London | 3/4/2010 | See Source »

...survival disparity - no surprise, given the era - was determined by class. The Titanic's first-class passengers had a 43.9% greater chance of making it off the ship and into a lifeboat than the reference group; the Lusitania's, remarkably, were 11.5% less likely. (See pictures of the Queen Elizabeth 2's final voyage...

Author: /time Magazine | Title: Titanic vs. Lusitania: How People Behave in a Disaster | 3/3/2010 | See Source »

...Elizabeth Fedorchalk was tired of being fat. She had been trying to lose weight since elementary school, but diets never made a difference. She wasn't husky. She wasn't big-boned. By age 16, the 5-ft. 5-in., 291-lb. high school junior from Holts Summit, Mo., was undeniably obese. And each year, it was only getting worse...

Author: /time Magazine | Title: Does Obesity Rehab for Kids Work? | 3/1/2010 | See Source »

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