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...expect bank failures to accelerate. Banks that are too big to go under, like Citibank and Bank of America, could fail but will stay alive in one form or another - through a bailout or government-backed sale, for example. But plenty of medium and smaller banks are going to disappear or be divvied up by creditors. And the longer Paulson's new capital-infusion plan takes to get up and running, the higher the likelihood of failure will...

Author: /time Magazine | Title: US Bank Failures ... And Counting | 10/13/2008 | See Source »

...jobs will be tougher to come by and profit margins will certainly be lower,” Donaldson continued, “but the system of financial intermediaries will not disappear...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Harvard Business School Marks 100 Year Anniversary | 10/13/2008 | See Source »

...battle tanks aboard have lowered their ransom demand and say they are eager to negotiate, raising hope that the two-week standoff over the MV Faina will be resolved in a few days. If they're true to their word and the ship is released, the pirates will disappear back into the stew of Somalia and wait for their next opportunity...

Author: /time Magazine | Title: The Somali Pirates: Tanks, but No Tanks | 10/9/2008 | See Source »

...Among Equals, No Longer First Wherever the debate over ideas leads, it's clear that some things will never be the same. Wall Street's primacy as the world's capital of capital won't disappear, but it will face even tougher challenges not just from London but also from regional financial centers, including Dubai and Singapore. And since financial services are such an important part of the U.S. economy, accounting for a massive 15% of New York's alone, any diminishing of its status as a financial center will have big repercussions on jobs. The dollar too may lose...

Author: /time Magazine | Title: Behind the Global Markets' Meltdown | 10/8/2008 | See Source »

...organizational needs face frustration as they try to start the year with no functional UC in place. Without the Finance Committee in session to process paperwork, many organizations have no choice but to stall business until their grant applications can be approved or denied. Similarly, student issues do not disappear from one year to the next, nor do they lack import during the first weeks of the year. While the UC president and vice president have a history of remaining on campus throughout the summer to maintain project momentum—often with great success—functionally dissolving...

Author: By The Crimson Staff | Title: Time Waits for No Council | 10/6/2008 | See Source »

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