Word: alanes
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Frankfurter Professor of Law Alan M. Dershowitz called yesterday for a renewed effort to achieve peace in the Middle East after Yasser Arafat’s death, in a discussion of his book “The Case for Peace” organized by Harvard Students for Israel. At the well-attended event in Emerson Hall, Dershowitz argued that “this is a time for Israel to be extremely generous.” He said that Israel’s strategic interests, along with moral imperatives, demand a rapid resolution of the conflict with Palestinians. Opening his remarks...
...COLUMBIA 3NEW YORK—Jeff Mroz passed for 203 yards and two touchdowns in a 31-point second quarter to lead Yale to a 37-3 rout over Columbia on Saturday.Ashley Wright caught scoring passes of seven and 68 yards, Mike McLeod ran for two touchdowns and Alan Kimball added a 41-yard field goal to give Yale (3-4, 3-1) a 31-3 lead in the second quarter.Columbia (2-5, 0-4) scored on the game’s first possession when Jon Rocholl kicked a 20-yard field goal.McLeod started the offensive barrage on a seven...
...Bernanke knows he's filling big shoes. So when President Bush chose the White House's relatively new top economic adviser to succeed Alan Greenspan as chairman of the Federal Reserve, Bernanke professed alignment with the Maestro. The "top priority," he said, will be to "maintain continuity" with Greenspan's way of doing things...
...deficits are at all-time highs, the housing market may be in a bubble of Greenspan's making, and we have the first real whiffs of inflation in years. How will Bernanke steer the ship? For a clue, here are five ways that Ben Shalom Bernanke is not Alan Greenspan...
...Greenspan, like Paul Volcker before him, is a proven inflation fighter. But Bernanke shows signs of tolerating rising prices. When the economy was threatened with deflation (generally falling prices) a few years ago, "he among all the Fed governors was most vocal about the need to generate inflation," says Alan Wild, a global fixed-income manager for Barings Bank. In November 2002, Bernanke publicly spoke of options, citing Milton Friedman's famous "helicopter drop" of money into the pockets of consumers via tax rebates to stimulate spending, which was radical stuff from a central banker. Some are now worried that...