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Though the amendment has been narrowed in order to ensure that it will not aim to politically influence the creation and setting of monetary policy, it still interferes with the necessity of an independent Federal Reserve with the power to act in times of crisis. In the financial system, a...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

Culver—who has been a member of the IOP’s Senior Advisory Committee since 1975 and has served as a chair of the committee for 14 years—will take over on July 1 when current IOP Director Bill Purcell steps down to begin working...

Author: By Stephanie B. Garlock, CRIMSON STAFF WRITER | Title: IOP Names Culver Interim Director | 5/12/2010 | See Source »

Smith said that he expects to further trim the deficit down to $35 million before June 30, when next year’s budgets must be finalized across FAS. He added that he hopes to present this anticipated figure to the Harvard Corporation—the University’s...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: FAS Deficit On the Road Toward Recovery | 5/12/2010 | See Source »

On the road toward recovery, the Faculty of Arts and Sciences has pared down its once-looming deficit to about $50 million, FAS Dean Michael D. Smith said yesterday.

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: FAS Deficit On the Road Toward Recovery | 5/12/2010 | See Source »

Menkiti, who can sometimes be spotted walking slowly down Plympton Street with a Dunkin’ Donuts coffee in hand, relies on his work at Wellesley to support his store. He is the first owner of Grolier to hire vendors to man the shop, he says, and his wife also...

Author: By Michelle B. Timmerman and Xi Yu, CRIMSON STAFF WRITERS | Title: Specialty Bookstores: Stories from the Square | 5/12/2010 | See Source »

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