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...Bank of America executives had mislead shareholders when it purchased Merrill. The SEC alleges that in early December, on the eve of a vote to approve the Merrill deal, Bank of America executives told shareholders that no bonuses would be paid to Merrill executives prior to the acquisition. In fact, Bank of America had agreed more than a month earlier to approve the payment of more than $5 billion in year-end bonuses to Merrill employees. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 10/1/2009 | See Source »

...Philadelphia report in two studies that parents can significantly reduce the accident rate among teens simply by talking with them about driving and enforcing rules for safety - much the way, as has been shown, parents can reduce the risk of substance abuse through conversations about alcohol and drugs. In fact, driving should be considered as dangerous as alcohol and drugs, the scientists say. In 2005, the latest year for which the government has statistics on teen driving, adolescent deaths made up 12% of all deaths from car accidents, and 400,000 teens required treatment in an emergency department...

Author: /time Magazine | Title: Parental Talks Can Make Kids Safer Drivers | 10/1/2009 | See Source »

...legs in the first place was a change in climate that transformed African forest into savanna. In such an environment, goes the reasoning, upright-standing primates would have had the advantage over knuckle walkers because they could see over tall grasses to find food and avoid predators. The fact that Lucy's species sometimes lived in a more wooded environment began to undermine that theory. The fact that Ardi walked upright in a similar environment many hundreds of thousands of years earlier makes it clear that there must have been another reason...

Author: /time Magazine | Title: Ardi Is a New Piece for the Evolution Puzzle | 10/1/2009 | See Source »

...here to argue that the NCAA should be the primary training ground for our future American soccer stars. In fact, the continued development of MLS academies will do more for the sport than college soccer ever could. I am concerned however, that the diminishing competitiveness of collegiate soccer will take away a valuable resource for young soccer players to hone their skills...

Author: By Mauricio A. Cruz, CRIMSON STAFF WRITER | Title: College Soccer at Odds with US Goals | 10/1/2009 | See Source »

...philosophy, of course, there can’t be a right answer. But in grammar, a field that lives for rules and regulations, it seems strange that there’s no conclusive authority on the subject. As a recreational reader, the copy editor inside me finds that fact frustratingly inconsistent...

Author: By Nathaniel S. Rakich | Title: The Battle Over “Healthcare” | 10/1/2009 | See Source »

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