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...fifth of the West German currency, so when it was swapped in 1990 at parity, the competitiveness of the local economy took a nosedive - compounded by a quick doubling of wages in the east following reunification later that same year. "There was a revaluation by a factor of eight. Which industry anywhere could swallow that?" Haimann asks, pointing out that some of Germany's eastern neighbors, including Poland and the Czech Republic, managed to hang on to many more jobs because they kept their currency cheap...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...associates who start their jobs a year late, the delay could have consequences in terms of earning potential and making partner, which is generally an eight-year war of attrition among the group of lawyers who start working the same year. "This will definitely be a setback for the classes of 2009 and 2010, who are now on a collision course," says James Leipold, executive director of the Washington-based National Association for Law Placement. "They'll find themselves competing for jobs and money the rest of their careers...

Author: /time Magazine | Title: Why Rookie Lawyers Get $60,000 Paid Vacations | 5/17/2009 | See Source »

...leaving the total number of paid hours constant. He estimated that the program will hire about 50 students this upcoming fall, a drop from the 67 students hired at the beginning of last year. Each semester in the course, 10 unit tests are given, with each test cycle lasting eight days. Each test grader is required to work two nights of the test cycle, during which they discuss answers with students and give a pass or incomplete grade. Depending on the number of students taking the test that night, the grading process could vary from being...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Ec 10 To Reduce Number of Test Graders | 5/17/2009 | See Source »

...itself as a team to beat. “We wanted to go out there and come in above our seeding,” varsity coxswain Jill Carlson said. “We wanted to medal. We wanted to be better than fourth place.”The varsity eight event started with Dartmouth, Princeton and Radcliffe neck and neck as Yale took an early lead off of the start. While the Bulldogs continued to gain an edge on the field, Radcliffe took a move at the 750-meter mark, surprising a Big Green crew that began to fall back...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Radcliffe Shores Up Skills in Jersey | 5/17/2009 | See Source »

...saves, innings pitched (150.1), and opponent batting average (.183). She is seventh on the Harvard career strikeout list, and 12th in all-time wins. Brown was joined on the first team by junior outfielder Jennifer Francis, who led the Crimson with a .311 batting average, hitting .368 against Ancient Eight competition. Sophomore outfielder Emily Henderson, who led the Ivies in stolen bases with 15, was named to the second team. Co-captain and catcher Hayley Bock, sophomore second baseman Ellen Macadam, and junior third baseman Melissa Schellberg, who is also a Crimson sports editor, all received honorable mention...

Author: By Crimson Sports Staff | Title: SPORTS BRIEF: Freshman Brown Earns Rookie of the Year, First Team Honors | 5/17/2009 | See Source »

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