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...caveat: “I wouldn’t have been a good investment banker,” Falcone said. “Patience has never been one of my biggest virtues...
...moral dimension aside, the cut may additionally end up costing the state more than the $78 million it saves in cutting these services in the short term. To understand why, it is important to clarify where this money was being funneled in the first place. One of the biggest problems for disabled youth is connecting with their peers and being taught how to live independently; often, they lack opportunities to enjoy regular lives and interactions. The bulk of the existing funding goes toward helping support centers sponsor events like bowling trips and athletic contests to encourage fellowship and social time...
...much does that matter? To what degree has Harvard prepared us for success? Or, as J. K. Rowling put it in her commencement speech last year, to what extent has it prepared us for failure? Despite Harvard’s opinionated student population, the university’s biggest challenge remains providing us with a well-balanced education offering a variety of ideological views, the kind of diversity we are likely to encounter in the world beyond our gates...
...Geithner concluded his maiden journey to China as Treasury Secretary on Tuesday by meeting the two most powerful men in the nation that is the biggest creditor of the United States: President Hu Jintao and Prime Minister Wen Jiabao. The man whose name now graces dollar bills in the United States was, in effect, meeting his bankers. But if those two pressed the Treasury Secretary about whether their government's huge investments in the U.S. are safe - the way some of their colleagues "grilled" Fisher, Geithner's former colleague on the Federal Reserve Board - it's a secret. Indeed...
...soon. In fact, in March, China's direct holdings of U.S. Treasury securities alone (excluding so-called agency debt issued by Fannie Mae and Freddie Mac) rose $23.7 billion, to reach a new record of $768 billion, according to preliminary U.S. data, making China far and away America's biggest creditor...