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Taking the lead in pricing up the market are the institutions most battered by the credit crisis and flagging economy. Among the companies offering the highest yields on CDs are GMAC, the financing arm of the carmaker GM; Corus, a Chicago bank that has lost substantial money on construction loans; Wachovia, the Charlotte, N.C., bank whose sale to Wells Fargo was brokered by regulators in October; and the bank affiliate of the insurance company AIG, which the Federal Government started bailing out in September...
These investments, which for years produced stellar returns for Harvard and other elite universities with similar portfolios, have posed problems in the current financial climate, which University of Chicago finance Professor Steven N. Kaplan said has led to a “capital squeeze” for endowments like Harvard?...
...Waite arrived at the famously dubbed “Kremlin on the Charles” as a conservative from Chicago, Ill. He is heavily involved with the campus organization Harvard Right to Life, and the conservative publication The Harvard Salient...
Fare Sale. AirTran Airways has fares between Atlanta and Baltimore for as low as $64, and between Chicago and Ft. Myers, Fla., starting at $79. Hurry to book...
...Skate! 'Tis the holiday season - which means it's time to strap on a pair of blades, fall smack on your bum many times, then reward yourself with hot chocolate. Chicago has free entry at its rinks through Feb. 28, 2009, with skate rentals running about $5. (See 10 things to do in Chicago.) In Santa Monica, Calif., you can go from the beach to the ice rink (5th Street and Arizona Avenue, two blocks from the Third Street Promenade outdoor mall), for a surreal transition. The $10 admission through Jan. 19, 2009 includes skate rental. (See 10 things...