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...There's also the approach favored by the late MIT economist Charles Kindleberger, who thought it was the job of governments and central banks to step in and halt panics, but felt they should "always leave it uncertain whether the rescue will arrive in time or at all, so as to instil caution." That seems to be official U.S. government policy at the moment, actually...

Author: /time Magazine | Title: 18 Tough Questions (and Answers) About the Bailout | 9/30/2008 | See Source »

...billion dollar losses and complex financial assets, Santander's fortunes speak to the advantages of a simpler approach. Spain's largest bank "lends to their clients, takes deposits from their clients, and runs a network of branches," says Antonio Ramirez, analyst at investment bank Keefe, Bruyette & Woods in London. "It's quite simple, quite traditional." Focused on retail banking, with limited investment banking operations, and with a long-buoyant domestic market to lean on, Santander side-stepped the toxic assets caught up in the collapse of the U.S. sub-prime mortgage market. Enjoying "good growth at home, they were never...

Author: /time Magazine | Title: Lessons from Europe's Big Bailout | 9/29/2008 | See Source »

...choices. Instead, their presence exacerbated the very prevalent problems of people suffering from eating disorders and other eating issues. HUDS would do well to provide more comprehensive information about the food offered in dining halls. Details about dishes should include information like the ingredients and nutritional breakdown. A qualitative approach is more conducive to a healthful navigation through dining choices than a quantitative one. The removal of the cards at the request of students and their parents marks a responsible move from HUDS. Eating concerns are rampant at Harvard among all sexes, and too often it is an issue that...

Author: By The Crimson Staff | Title: Count Us Out | 9/29/2008 | See Source »

...crunchy rocks. Bro, that bummed.But last weekend was different. Maybe it was the weather, or maybe it was the debate hangover, but Saturday was ugly. The top-25 saw upsets galore: Georgia, Florida, Wisconsin, Wake Forest, all going down.But for me, only three games mattered. Let’s approach from a communitarian perspective (big-ups to my man Michael Sandel, I know you’re reading this column, and I just want to say, you’re so enlightened, and stuff, like, I mean, wow, smart, and you’re modeled after Mr. Burns from...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: WALLY WORLD: Backyard Football Cures All That Ails | 9/29/2008 | See Source »

...authorities are going to keep doing whatever they can to keep the financial system from collapsing. Taxpayers will bear the risks and the costs of that, whether Congress votes to put them there or not. And it's possible - although nobody can know for sure - that this ad hoc approach will end up costing more than an up-front $700 billion bailout...

Author: /time Magazine | Title: Without a Bailout Plan, What Will the Cost Be? | 9/29/2008 | See Source »

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