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...solve the problem is for the government to stop buying preferred shares and start taking direct ownership stakes. Of course, the issue with that approach is that the problem at the banks is so large, Uncle Sam may end up owning a good portion of the banking sector. Few seem to want nationalization. Unfortunately, that could be the only...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

...defend against police brutality. Many minorities—especially black males—are raised to be completely submissive to police officers, not out of respect for authority, but for fear of their lives. Harvard professor Henry Louis Gates notes: “If you wonder why blacks seem particularly susceptible to ‘rumors’ and ‘conspiracy theories,’ you might take a look at a history in which the official story was a poor guide to anything that mattered much, and in which rumor sometimes verged on the truth...

Author: By Raúl A. Carrillo and Jarell L. Lee | Title: And Justice for All? | 1/30/2009 | See Source »

...Matt Simpson ’11. Winters played in six games as a freshman in the 2007 season, while Simpson has seen more limited action, appearing in only one game in each of his first two years, making Hatch, with Southeastern Conference experience to his name, seem the likely choice. But Murphy has yet to be convinced. If Hatch is eligible to play, “he would have to start from the bottom and work his way up,” Murphy said. While he waits for the resolution of his football fortunes, Hatch said, he is here...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: Hatch Has Returned to Harvard | 1/30/2009 | See Source »

Republicans are hopeful that they can get some of these projects expunged before final passage. "We fully expect that Obama will work with us on some of this stuff; it's in his interest to," said a GOP Senate leadership aide. "He gets to seem presidential and bipartisan at relatively little cost." The more items that get taken out, the better chance Obama has to gain Republican support for the bill. In this scenario, Republicans would get to claim victory as well, telling their constituents that they fought the good fight in the name of fiscal conservatism. "We were going...

Author: /time Magazine | Title: The Stimulus Bill's Bumpy Ride | 1/30/2009 | See Source »

...that kind of sets you back on your heels,” Harvard coach Kathy Delaney-Smith said. On Friday night, history favors the Crimson—Harvard has won the last nine meetings between the two teams and the last seven in Philadelphia. 2009 wouldn’t seem to be the year that the tides turn for Penn, which lost its first six games of the season and has lost its last five. Still, the Crimson knows better than to take the three-win Quakers lightly. Last season, it took an Emily Tay jumper with 14 seconds remaining...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Crimson Hopes to Get Back on Track | 1/29/2009 | See Source »

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