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...come to be dominated by one plan: the 401(k). But the financial crisis and resulting market meltdown showed the 401(k) to be far from perfect. A number of academics and others have proposed either changes to the 401(k) system or scrapping it altogether. Roger Ferguson Jr., chief executive of the investment firm TIAA-CREF, is one of the few financial executives who have backed changing the system. Ferguson's opinion is sure to have some sway. He is a former vice chairman of the Federal Reserve and a member of President Obama's Economic Recovery Advisory Board...

Author: /time Magazine | Title: Is There a 401(k) Fix? | 10/14/2009 | See Source »

...course, figuring out when, exactly, this stretch will end, is an exercise in future-predicting most investors would be well advised to sit out. Even the experts are struggling with it. As Sam Stovall, Standard & Poor's chief investment strategist, recently wrote: "The U.S. equity market's advance continues to befuddle those who are waiting for a sizable price decline before putting their money back to work...

Author: /time Magazine | Title: Is the Market Rally About to Run Out of Gas? | 10/14/2009 | See Source »

...Sorensen—who served as special counsel, adviser, and speech writer to John F. Kennedy ’40—and Ken Duberstein—the White House chief of staff for President Ronald Reagan—each provided advice to the current administration about the best strategies for governing effectively...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: Former Advisers Talk Experiences, Politics | 10/14/2009 | See Source »

...Harvard Corporation—the University’s chief governing body—is poised to discuss the task force’s recommendations and to consider the task force’s mission statement for the libraries at their next meeting, according to Harvard University Library Director Robert C. Darnton...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Libraries Face Possible Changes | 10/14/2009 | See Source »

...That is no easy feat. Senate majority leader is a strange job, unlike that of any other figure in Washington. Lacking the powerful rules of the House speaker or the bully pulpit of the presidency, the majority leader's chief job is to herd cats, in this case Senators, each of whom is a powerful figure in his or her own right. When it comes to health care, nearly every Senator in Reid's own party has a provision or a version he or she would like included; Reid's goal is to keep enough of those cats happy...

Author: /time Magazine | Title: Health Care Turns to Harry Reid After Key Vote | 10/14/2009 | See Source »

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