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...change in hedge funds may not be entirely bad news for investors, either. According to NYU economist Brown, an industry shakeout could get rid of many undercapitalized or poorly managed funds, leaving remaining funds to consolidate. And the culling could even be healthy for the industry, says MIT's Lo, who draws an analogy from biology. "We've just seen a big meteorite hit," he says. "It will kill a number of species. But in the wake of that death, whole new species will arrive." As students of evolution know, the dinosaurs died to make way for something smarter...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...when Barack Obama moves into the White House. And it's not just Washington: China has announced a $586 billion stimulus plan, although it's not clear how much of that will be new spending. Germany has approved $29 billion in spending and tax cuts. British Prime Minister Gordon Brown is expected to announce tax cuts soon...

Author: /time Magazine | Title: Will Washington's Stimulus Plan Work? | 11/13/2008 | See Source »

...BROWN (5-3, 4-1 Ivy) AT DARTMOUTH...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Nobody Could See This Coming | 11/13/2008 | See Source »

...Christmas has come early for Brown...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Nobody Could See This Coming | 11/13/2008 | See Source »

...Don’t worry Brown, it’s alright. Mail it in. You could actively try to lose this game and it wouldn’t matter...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Nobody Could See This Coming | 11/13/2008 | See Source »

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