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...newest advising reform—the recruitment of a group of rising juniors and seniors to serve as peer concentration counselors (PCCs)—will help the department further develop a sense of community among concentrators and advisers, administrators...
...contrast to 1985, the Obama Administration is expanding federal financial aid—in his State of the Union Address, Obama promised to increase Pell Grants and forgiveness of student loans after 10 to 20 years, among other reforms...
...Harvard explores new plans—which must be approved by city regulators—it must contend with a tarnished reputation among the Allston community...
...crisis. Clearinghouses grew rapidly in the wake of 2010 reforms that targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures...
...although Dukakis lost the election to George H.W. Bush by a large margin—he garnered 111 electoral votes to Bush’s 426—among the most memorable aspects of 1988 election was Dukakis’s reaction to the “Willie Horton” scandal...