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...Financial Group, Japan's top lender, tossed a $9-billion lifeline to Morgan Stanley - in exchange for a 21% stake - Mitsubishi UFJ is in need of some help itself. On Monday, Japan's largest bank said that it needs to raise $10.7 billion in capital and will be selling common and preferred shares. It was negative news following negative news. Less than one week ago, Mitsubishi UFJ downgraded its net profit for the first half of the year to about half of what it was last year at this time. Japan's Nikkei index closed at its lowest level...

Author: /time Magazine | Title: Troubles Hit Morgan Stanley's Japanese Savior | 10/27/2008 | See Source »

...have objections, I don’t even know where to address them.” The University presented revisions to its 50-year Allston development master plan at the previous task force meeting last Wednesday, showing off a plan that will increase green space, create an academic common, and add two major roads through the neighborhood. This third change incited a heated discussion as residents reminded Harvard’s representatives of their objections to constructing new roads in the neighborhood, which University planners said were necessary to handle the increased traffic flow brought by the development...

Author: By Nan Ni, CRIMSON STAFF WRITER | Title: Allston Meeting Becomes Heated | 10/27/2008 | See Source »

...built a swing House, which will be necessary at Harvard too,” Nelson wrote. Undergraduate Council President Matthew L. Sundquist ’09 said students at Yale forced to live in swing space stressed the importance of maintaining community in temporary housing that may lack the common spaces conducive to social interaction. He also said project administrators from Yale encouraged looking at the long-term renovations project as an extended conversation, and not “a six-month planning period where everything is definitively decided followed by a year-long construction period where that plan...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: College Explores Housing Options | 10/27/2008 | See Source »

...doubt many students, and Americans as well, are needlessly wasteful in the course of an average day—from leaving lights on in empty rooms to discarding untouched food and unused napkins. Common sense, consideration, and simple decency all argue against such activities; and indeed, those qualities could do well to serve the greater ends of not only the environmental movement but other social causes also. Unfortunately, the modern university and contemporary progressives care little for inculcating those values when they can formulate their own tendentious morals out of narrow ideologies...

Author: By Christopher B. Lacaria | Title: It’s Not Easy Being Green | 10/27/2008 | See Source »

...Feelings of "warmth" and "coolness" in social judgments appears to be universal. Although no comprehensive worldwide study has been done, Bargh says that describing people as "warm" or "cold" is common to many cultures, and studies have found those perceptions influence judgment in dozens of countries. To test the relationship between physical and psychological warmth, the researchers conducted two experiments. The first involved a group of 41 undergraduates who were taken by elevator to a fourth floor room. During the ride, a research assistant who was unaware of the study's hypotheses, handed the test subject either...

Author: /time Magazine | Title: Science Says We Really Are What We Drink | 10/26/2008 | See Source »

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