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...race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate it could lose $8 billion from these exposures alone. Power House Chief Executive Officer Fabrice Tourre was unavailable for comment...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

After WWII, Witherby finished his studies at the Law School and became a lawyer with the Raytheon Company. He later became the chief counsel for New England Life Insurance Company, from which he retired...

Author: By Sirui Li, CRIMSON STAFF WRITER | Title: (Maybe) The Oldest Alum on Campus | 5/26/2010 | See Source »

...earlier version of the May 26 FlyBy post "(Maybe) The Oldest Alum On Campus" incorrectly said that Frederick R. Witherby '40 became the chief counsel for New York Life Insurance Company. The correct name is New England Life Insurance Company...

Author: By Sirui Li, CRIMSON STAFF WRITER | Title: (Maybe) The Oldest Alum on Campus | 5/26/2010 | See Source »

...officials selected Ford’s charity at the suggestion of UHS chief of pediatrics Maureen Lynch, who has been volunteering in Haiti for the past 10 years at a medical clinic near the orphanage...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: University Health Services Donates To School in Haiti | 5/25/2010 | See Source »

...hard work and cooperation of a team of individuals representing numerous departments at HBS helped us manage through this situation with as little disruption as possible,” said Andrew F. O’Brien, the Business School’s chief of operations...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Schools Respond to Water Crisis | 5/5/2010 | See Source »

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