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...points, and all three were picking up signs of an even bigger nightmare, one that most Americans were yet unaware of: the whole financial system was seizing up, from formerly rock-solid banks and money-market funds to the esoteric but vital market for foreign-exchange swaps. Credit--the access to cash that keeps the U.S. and other economies oiled--was simply drying up. Banks stopped lending to other banks, out of fear they would not get the money back. Big companies were having trouble raising cash on the overnight commercial-paper markets. If left unchecked, it would be only...
...student parents, the maternity process for the Graduate School of Arts and Sciences is still awaiting a rebirth. Graduate Student Council president Kyle M. Brown said a committee is currently fine-tuning the details of “two halves” of the parental accommodation policy: providing access to affordable childcare and paid time off for new student parents. According to the report issued by the Joint Student Committee on Parental Accommodation, 50 percent of surveyed GSAS student parents saw their stipends lapse while on leave and 40 percent were unsatisfied with the childcare they were able to afford...
...With the change from division to school, SEAS now deals directly with the central administration in regards to financial matters and has access to more revenue, according to Harry E. Dumay, SEAS’ chief financial officer...
...SEAS students are still FAS students so the income from student tuition goes to FAS,” Dumay said. “This year we negotiated a way for SEAS to have access to tuition income...
...farmers to buy the high-priced fertilizer or fuel they need to compete. "The backbone of world agriculture is small farmers," says Joaquim von Braun, director general of the International Food Policy Research Institute in Washington. "We will only grow out of the food crisis if these people have access to markets...