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...financial system, a bank does not need actually to be running out of money for a bank run to occur; there only needs to be the impression that the bank might be running out of money. This is why all of the major banks only received Troubled Asset Relief Program funds in concert, even though some of them needed the funding more than others. This is also why the Federal Reserve must have the power to support the financial system without strict disclosure requirements. The mere appearance of needing help during a time of crisis could bring a bank down...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

...members on aid of any kind. Although Dean of Admissions and Financial Aid William R. Fitzsimmons ’67 denies economic motivation behind Z-list decisions, the financial security of those on the list suggests otherwise. But if it is the case that these students are a financial asset to the College, than they are as equally qualified as athletes, actors, and the myriad other students with talents who are recruited to make Harvard a better place. Indeed, the student Z-listed to please a long line of donors and College supporters may be responsible for the financial...

Author: By Adam B. Vartikar | Title: Let’s Be Real | 5/12/2010 | See Source »

...Cambridge has situated an extremely fortunate position with its water reservoirs,” said Healy. “This is an asset that not many communities can lay claim...

Author: By JOANNE S. WONG, CRIMSON STAFF WRITER | Title: Council Discusses Water, Budget | 5/5/2010 | See Source »

This quality is an asset in her role; as Resident Dean, she is often called upon to engage with and represent students struggling with mental health concerns...

Author: By Asli A. Bashir, CRIMSON STAFF WRITER | Title: Brain Break | 4/23/2010 | See Source »

Within an increasingly crowded and competitive field of student groups, these fashion shows find their affiliations with cultural organizations and institutions a great financial asset. Last fall Project East, committed to remaining an entirely Asian-American and Asian enterprise, was sponsored by the Reischauer Institute, which supports research on Japan, and the Korea Institute. Says Harel-Cohen, “there are these very big student organizations associated with minorities. We were linked to different Asian organizations on campus because they can raise the money. It’s much easier to do it from that framework than to just...

Author: By Kristie T. La, CRIMSON STAFF WRITER | Title: Cultural Couture | 4/20/2010 | See Source »

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