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The Indiana Daily Student

Arrogance, incompetence

By John Hill · Monday, March 23,2009 9:22 p.m.

The House of Representatives voted 328-93 on Thursday to levy a 90 percent tax on all bonuses paid to employees making in excess of $250,000 at firms receiving $5 billion or more in government funds under the Troubled Asset Relief Program, known as TARP. A similar bill is likely to pass through the Senate.

The Indiana Daily Student

Pearls and politics

By Indira Dammu · Monday, March 23,2009 9:20 p.m.

First lady Michelle Obama gathered with a group of fifth graders in Washington to plant a vegetable garden, the first at the White House since Eleanor Roosevelt’s famed victory gardens during World War II.

The Indiana Daily Student

A farewell to arms smuggling

Monday, March 23,2009 9:19 p.m.

The recent dismissal of charges against an Arizona gun dealer accused of knowingly furbishing firearms for Mexico’s Beltrán Leyva cartel has frustrated authorities.

The Indiana Daily Student

Going green in the home of Willis Tower

By Chris Nelson · Monday, March 23,2009 9:13 p.m.

Someone needs to tell Chicago Mayor Richard Daley that even though he dyed his city’s river green for St. Patrick’s Day, it doesn’t mean Chicago is going “green.”

The Indiana Daily Student

Family farm placed in protective easement

Monday, March 23,2009 8:46 p.m.

The owner of a family farm that dates to the early 1800s and includes one of Indiana’s oldest homes has placed the 500-acre plot in a conservation easement to protect it from encroaching development.

The Indiana Daily Student

Judge orders Schrenker to pay restitution damages

Monday, March 23,2009 8:44 p.m.

An Indiana administrative law judge has ordered a money manager accused of trying to fake his death in a plane crash to pay $304,000 in restitution to bilked investors and $280,000 in state fines.

The Indiana Daily Student

Restaurants to participate in charity event

By Danielle Rindler · Monday, March 23,2009 8:42 p.m.

As part of World Water Week, which started Sunday and continues through Saturday, the University Coalition for Global Health and the IU chapter of UNICEF are partners in recruiting up to 70 local restaurants to participate in the nationwide Tap Project for the first time in Bloomington.

The Indiana Daily Student

Home sales rise 5.1 percent

Monday, March 23,2009 8:05 p.m.

WASHINGTON – Sales of previously occupied homes jumped unexpectedly in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties.

The Indiana Daily Student

Back to basics: business ethics

By Nathaniel Kenninger · Monday, March 23,2009 8:04 p.m.

Public perception of the business world has reached an all-time low – and rightly so. Bernie Madoff, swindling thousands of investors out of $50 billion in the largest Ponzi scheme ever, is a poster child of our financial system. Vikram Pandit, former professor at the Kelley School of Business and current CEO of Citigroup, tried to buy a corporate jet just days after the banking giant received $45 billion in federal bailout funds.

The Indiana Daily Student

New plan to save banks launches

Monday, March 23,2009 8:01 p.m.

WASHINGTON – The Obama administration launched a new effort Monday to end a paralysis in lending, saying it will team with investors with the goal of buying up to a trillion dollars of bad assets from banks that have been reluctant to make loans to consumers and companies.

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