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...that was before U.S. Treasury Secretary Timothy Geithner unveiled his plan to do just that with the toxic debts of U.S. banks. The move has won plaudits on Wall Street and even a knowing nod from Main Street U.S.A., which understands that the plan is a necessary evil. In Germany, it has also fueled a fierce debate about whether Merkel is wrong and how Berlin might get toxic assets off German banks' books without making taxpayers foot the bill. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Why Berlin Says U.S. 'Bad Bank' Plan Is Bad | 3/30/2009 | See Source »

...dramatic ninth inning. Penn reliever Vince Voiro failed to record an out in the frame, yielding a single to senior Taylor Meehan before Rogers stepped into the box. The left fielder capped a five-hit, five-RBI day by smashing his second home run over the left-center field wall, bringing the score to 11-10. With Voiro gone, Tom Grandieri faired no better in the relief role, yielding singles to Douglas and Albright before Reynolds sacrifice bunted. After intentionally walking Roberts to set up the double play, Grandieri almost got his wish before O’Hara?...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: All-Around Performance Rewarded in Sweep | 3/30/2009 | See Source »

...phenomenal profits to be made in the information industry. The relentless losses of newspapers are undoubtedly testament to their almost unique ineptitude in catering to the needs of the modern citizen or business. The richest man in New York—Michael Bloomberg—is not a Wall Streeter, but tellingly a man who sold news and information to Wall Street, despite the highly entrenched business media that already existed. The two 35-year-olds who run Google—the largest distributor of advertising in the world—own a business that aims to do nothing less...

Author: By Kiran R. Pendri | Title: Futurology 3 | 3/30/2009 | See Source »

...Alex Meyer made his first appearance at the championships. Jones raced in the two events that have set him apart from the competition this past season—his signature 100-yard and 200-yard butterfly. Jones placed 28th in the 100-yard butterfly, touching the wall in 47.11 and marking an improvement on his 47.35 time from 2008. Jones also competed in the 200-yard butterfly, but he was disqualified due to a stroke violation. Meyer had a solid showing at his first NCAA meet, making waves in both the 500-yard freestyle and the 1650-yard freestyle...

Author: By Crimson Sports Staff | Title: SPORTS BRIEF: Men’s swimmers Jones, Meyer, represent Harvard at NCAAs in College Station, Texas | 3/29/2009 | See Source »

...which this week announced plans to bring more federal agents to the border in large part for those purposes, is doing more than previous U.S. administrations to help your efforts? Oh yeah. The previous Administration clearly felt that the problems with Mexico could be solved by building a big wall between the two countries to keep the problems here out of the U.S. That is clearly wrong, and President Obama recognizes that. His efforts are directed at the proper solutions for Mexico's problems - which at the end of the day become problems...

Author: /time Magazine | Title: Juarez: Running the Most Dangerous City in the Americas | 3/27/2009 | See Source »

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