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...major lender to say it would reduce loan balances of homeowners who owe more than their property is worth. Most other banks have only been willing to lower interest rates. Writing down loan balances for such "underwater" homeowners, while costly for the bank, gives borrowers more incentive to stay current on their mortgage. The Bank of America program, which has won praise from consumer advocates, could help as many as 45,000 borrowers reduce what they owe by $3 billion. "Bank of America is to be commended for launching a program to reduce principal balances on loans that are underwater...

Author: /time Magazine | Title: BofA's CEO: How to Win Friends and Influence People | 3/30/2010 | See Source »

...greater understanding of their roles, especially as they relate to the current situation of workers on campus, the actors have been talking to the Harvard Union of Clerical and Technical Workers. The union is also sponsoring the show and providing the costumes, which are borrowed from people who actually hold some of the jobs that the play portrays...

Author: By Elizabeth D. Pyjov, CONTRIBUTING WRITER | Title: Working | 3/30/2010 | See Source »

...serving as generic representatives of a particular culture. Not surprisingly, the objects designated art tended to be Western, while those classified as artifacts tended to be from so-called “primitive” cultures such as Native American, sub-Saharan African, and Pacific Island. Following this current of thought, the Peabody was founded in 1866, displaying its collections as instruments for social scientific inquiry rather than aesthetic contemplation...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Artifacts Take Their Rightful Place as Art | 3/30/2010 | See Source »

...public art installation with the theme of human rights struggles in Burma. In three meetings, which began on March 9 and will culminate on April 17, the participating artists hope to create a piece that will visually engage viewers, while raising awareness and support for Burma’s current political situation...

Author: By Sally K. Scopa, CONTRIBUTING WRITER | Title: Public Art Highlights Human Rights Struggles | 3/30/2010 | See Source »

...aides engaged in a climactic election-night clash with Palin over whether she would be allowed to deliver her own concession speech on the stage before McCain's. But most of the 2008 campaign advisers who viewed Palin as untrustworthy and erratic have left McCain's orbit, and his current aides were delighted to apply her star power to their troubled cause. With Palin in the state, they collected e-mail addresses for follow-up voter contact, raised some dough and attracted the kind of crowds and media coverage that McCain can no longer draw on his own. Perhaps most...

Author: /time Magazine | Title: Sarah Palin Goes to War: Go for It? Hell, Yes! | 3/29/2010 | See Source »

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