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...didn't act out of distress. But its move came a few days after the first financial institution fell victim to the crisis, a boutique investment bank and brokerage firm called KIT Finance, which defaulted on its debt when the markets shut down; it was rescued by an investment arm of the state energy giant Gazprom. Other erstwhile high-flying financial firms in Russia remain at risk. According to the business newspaper Kommersant, the Russian central bank has drawn up a "red list" of 15 other second-tier banks that, like KIT, are in urgent need of financial assistance...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

...order to pay his room and board at the inn, he had been forced to succumb to the inept fumblings of pallid, emaciated men in too-tight breeches, all calling themselves “artists.” Invariably these artists found reasons to constantly touch him, rearranging that arm, this hand, that burnished curl. This, The Stable Boy knew, would be the last time. He growled softly to himself.Tatiana purred in response. They had taken to each other immediately.“Well,” said Monsieur Jacques, “I suppose that—well...

Author: By Lesley R. Winters, CONTRIBUTING WRITER | Title: The Stable Boy | 9/25/2008 | See Source »

...been looking greedily West. Before Lehman Brothers filed for bankruptcy it was in negotiations with the state-owned Korean Development Bank, which was contemplating an investment of up to $6 billion. But partly due to political pressure at home, KDB backed off. Koreans questioned why the country's investment arm should bail out a failing Wall Street firm. Asked an Internet blogger: "Didn't we see what happened to the Chinese...

Author: /time Magazine | Title: Japan to the Rescue of Ailing US Firms | 9/23/2008 | See Source »

...arm of the Health Alliance’s operations that will not be touched is the Integrated Clerkship program, the hospital-training program launched in 2004 as part of the Harvard Medical School curriculum reform, according to Judith Klickstein, one of the organization’s senior vice presidents...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Cambridge Health Alliance May Consolidate Health Care Services | 9/23/2008 | See Source »

...sweet diss move. Last weekend, after Harvard’s come-from-behind victory against Holy Cross, I was one of four brave souls who saw it fitting to rush. I executed the prior three principles to a tee (although the cop presence was very low), and ran out, arms extended, smiling, jumping, and laughing to my heart’s content. But there was one thing missing: my finishing move. I was inspired, as past readers will attest to, by WWE Wrestling and, that’s right, D Generation X. The squad’s trademark: one arm...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: WALLY'S WORLD: Rushing 101: How To Storm the Field | 9/22/2008 | See Source »

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