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...even after trimming some benefits. GM's VEBA is more than a little shy of that number. It had $14.4 billion in the middle of 2008, and now has only $9.4 billion in assets, which is beyond the reach of creditors but would barely last three years in the face of escalating health-care costs. Gettelfinger describes the rest of the GM and Chrysler VEBA assets as "paper money," referring to the stock, warrants and notes from two virtually bankrupt companies. Not a lot of optimism there...
...There are always lucky breaks, but we have to face that fact that we will never get inside North Korea to the point that we can rely on an international monitoring system. On Tuesday, the U.S. military flew "sniffer" planes off North Korea's coast, hoping to learn more about Monday's test. But it will be of little help. It cannot tell us how much plutonium the North still has, whether it intends to restart the Yongbyon reactor, or, for that matter, whether it is seriously thinking about invading South Korea...
...part, the Crimson co-ed squad placed second at the New England Team Race Championships and seventh at the ICSA National Semifinals in early May to earn its two national bids. Garrity felt that Harvard would be well prepared for the conditions the team would face on the West Coast by changing its practice routine. “We needed to practice in big breeze, in open water venues, where we have to deal with more waves,” Garrity said. While the Crimson performed well in the most crucial part of its season in late spring, Harvard also...
...opening match against Brown, shutting down all of the Bears in 3-0 contests. A sweep of Williams earned the Crimson a No. 4 ranking in its next matchup against No. 8 Dartmouth, who fell by the same 9-0 score. Harvard then hit the road to face No. 7 Cornell and No. 6 Stanford. The Crimson beat them both, 8-1, proving worthy itself of its top-four ranking. Harvard’s first real tests came in the first week of February against three opponents that were seeded higher than the Crimson. “We knew that...
...that.” It was one of these seniors, in fact, who helped turn the team around after the tough loss at Penn. “One of our seniors, Rachael Lau, pulled us together and said, ‘Guys, wipe that look of doubt off your face. We can do this,’” Hagner said. “I don’t think we lost after that point until Northeastern [in the NCAA tournament].” Finishing with a 10-3-5 record, 5-1-1 in the Ancient Eight...