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...there is a sense of deja vu in the proposals of the government and regulators to stabilize the financial system. On Monday, Prime Minister Taro Aso called for a drafting of emergency measures, such as purchasing stocks held by banks, limiting the short selling of stocks and increasing the amount of taxpayer money to be injected into banks from 2 trillion yen to 10 trillion yen - all reminiscent of Japan's 1990s meltdown. The government action appears to be focused on preempting losses caused by share prices. Declared Aso, "Stock prices greatly influence the real economy...

Author: /time Magazine | Title: Troubles Hit Morgan Stanley's Japanese Savior | 10/27/2008 | See Source »

...students participated in a non-binding sign-up for the Public Service Initiative at a banquet earlier this month—50 percent over the targeted number, according to Law School Dean Elena Kagan. The graduating class of 2011 will be the first class eligible to have the full amount of third-year tuition waived under the program. “On one hand, it’s a little bit scary, but on the other hand, it’s very exciting for me,” said Kagan, who has made the expansion of the Law School?...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: HLS Looks To Public Sector | 10/27/2008 | See Source »

...even the current deficit, as big as it is, that causes so much concern, says Walker. The deficit merely represents the amount that government spending exceeds its revenues in a given year. A far bigger concern is the national debt - the total of what we've cumulatively borrowed to finance those yearly deficits. Sometime around 2020, according to projections offered by Walker's foundation, the U.S. debt will be equal to or greater than annual gross domestic product - a situation not seen since 1946 at the end of World War II. Worsening the picture is the fact that much...

Author: /time Magazine | Title: Does Anyone Care About a Trillion Dollar Deficit? | 10/25/2008 | See Source »

...Even by her own admission, her economics qualifications amount to five classes...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Alum Accused of Lying in Congressional Race | 10/24/2008 | See Source »

...study should be especially good news for undergrads, who consume an enormous amount of coffee in residential dining halls every year—approximately 10,700 pounds, according to Harvard University Dining Services spokeswoman Crista Martin...

Author: By Marianna N Tishchenko, CONTRIBUTING WRITER | Title: Coffee, Soda Pose No Cancer Risk for Women | 10/24/2008 | See Source »

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