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Further, consumers fear that once they break that large bill, they won't be able to stop spending the rest. "Once that barrier is passed, it's like a dam gets broken," says Srivastava. "And we've found that when people decide to spend, they'll spend more with the bigger bill than with the smaller bill." Researchers have labeled this phenomenon the "what the hell" effect: "I've broken the hundred; it's gone from my wallet. What the hell, I may as well blow off the rest." So consumers, afraid that the "what the hell" effect will drain...

Author: /time Magazine | Title: Want to Save Money? Carry Around $100 Bills | 3/27/2009 | See Source »

...Harvard baseball team (2-14) struggled on its spring break tour of Louisiana, picking up a win in its first game, but then finishing with a seven-game losing streak heading into the start of its conference schedule tomorrow...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: WEB UPDATE: Crimson Gets Roughed Up Down South | 3/27/2009 | See Source »

...Down 10-3 after six innings, the Crimson was inspired by the appearance of a number of Harvard students, who were able to take a break from some the community service work they were doing in the area...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: WEB UPDATE: Crimson Gets Roughed Up Down South | 3/27/2009 | See Source »

...spring break road trip started well, with the Crimson ripping the Gents for four runs in the top of the first. Meehan hit his first home run of the season to get Harvard going in the inning. The second-baseman finished the game 3-for-5 with...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: WEB UPDATE: Crimson Gets Roughed Up Down South | 3/27/2009 | See Source »

...such bad shape that their insolvency could threaten the financial stability of the U.S.; if they are, the boards of the FDIC and the Federal Reserve, in consultation with the Treasury Secretary, could decide either to bolster them with financial assistance or to seize them and break them into parts...

Author: /time Magazine | Title: Geithner Makes His Pitch for More Regulation | 3/26/2009 | See Source »

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