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...banks also borrow on wholesale markets, mainly by issuing bonds. About $2.6 trillion of bank funding in the U.S., 20% of the total, comes from such debt securities, according to the FDIC. At the most troubled of the big banks, Citigroup, the figure is 27%. (Citi's domestic depositors account for just 16% - its main deposit base is overseas.) These bank bonds are mostly in the hands of large, sophisticated institutional investors - pension funds, insurance companies, mutual funds. It may be too much to ask small depositors to monitor the risks at the banks where they put their money...

Author: /time Magazine | Title: The Great Bond Bailout | 3/12/2009 | See Source »

...York Philharmonic to mean something for all New Yorkers on some level,” he said. “An orchestra performing at the highest level should be a source of civic pride.” Throughout the course of the conversation, Gilbert offered up a personal account of the opportunities that the arts community at Harvard can provide, not just for those directly and personally involved but for all students.“Harvard is an incredibly artistic place,” Gilbert said, “[The arts are]gratifying and important and [they are] what makes...

Author: By Mark A. Fusunyan, CONTRIBUTING WRITER | Title: SPOTLIGHT: Alan T. Gilbert '09 | 3/12/2009 | See Source »

...keep reading. It could have been, perhaps, that I was tired of obsessive food babble. Or maybe because I don’t like soda, not even a bit. But I think the most likely explanation for why I was bitter was that this forced me to open an account on Twitter. Seriously, though: a world where a Twitter feed unironically exists to unironically document the eight-week release of an oxymoron—natural soda—is a world where people seem to have lost all perspective. Though BevReview was covering the Pepsi story like television stations cover...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Becky Says, 'Say No to Soda' | 3/12/2009 | See Source »

...shame that he couldn’t manage to use the skill with which he depicts the evolution of Ungestalt in the rest of “Defaced.”Beyond its redemptive educational and entertainment value, “Defaced,” remains simply an historical account of violence and its depictions, one that fails, for the most part, in its attempt to ground itself in the present. This still doesn’t negate the fact that Groebner has assembled a compelling assortment of bizarre and intriguing stories that our collective past would otherwise rather forget...

Author: By Elsa A. Paparemborde, CONTRIBUTING WRITER | Title: 'Defaced' is All Art, No Argument | 3/12/2009 | See Source »

...general, we encourage the UC to explore nontraditional methods of helping students achieve their goals, no matter the situation. In particular, funding student businesses may help to fill the gaps left by College administrators and other student organizations, which may not be able to account for all the needs of the student body...

Author: By The Crimson Staff | Title: Get Us Out of Here! | 3/12/2009 | See Source »

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