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President Barack Obama did warn in his speech to Wall Street on Monday that "normalcy cannot breed complacency." But normalcy is breeding complacency - perhaps because complacency is normal. Consider the financial reforms that the Obama Administration wants to push through Congress before year-end - creating a Consumer Financial Protection Agency, giving the Federal Reserve the job of systemic risk regulator, and establishing a "resolution regime" to wind down troubled nonbank financial institutions (like Lehman) and complex bank holding companies in an orderly fashion. Steps in the right direction? Probably. Truly major reforms? Not so much...

Author: /time Magazine | Title: Three Lessons of the Lehman Brothers Collapse | 9/15/2009 | See Source »

...recognize many. The winners of each $100,000 award, announced on Sept. 15, were acknowledged for their work toward one cause: protecting the environment. The idea was to highlight that in this moment - in the run-up to the all-important U.N. climate-change summit in Copenhagen at the end of the year - we're reaching a turning point for the planet. "This is absolutely the issue that defines us," says Heinz. "We wanted to make a statement that across America, there are people taking on these problems and that it's something...

Author: /time Magazine | Title: Heinz Awards Go to Environmental Champions | 9/15/2009 | See Source »

Budget cuts have swept through campus faster than news of a party during Freshman Week. But apparently the administration didn’t make it to the end of “Confessions of a Shopaholic,” because they’ve still done a lot of spending on stuff nobody really needs or cares about. FM presents some of the areas where Harvard is still losing money like a trip to the COOP. 15) The Polynesian dancers at the recent Aloha Harvard event. Although apparently we didn’t pay them enough to do the hula...

Author: By Catherine J. Zielinski, CRIMSON STAFF WRITER | Title: 15 Budget Cuts Harvard Needs | 9/15/2009 | See Source »

There’s just something sad about ending your drunken escapade waiting on a machine for your satisfaction. Even if you didn’t get that hookup you were after, opt for some human interaction at the end of your night...

Author: By FM Staff, CRIMSON STAFF WRITER | Title: Drunk Munchies | 9/15/2009 | See Source »

While the television show will naturally reach a much larger audience than the course ever has, we hope that this extension of information beyond Harvard also takes place on the Internet and in other media forms other than television. To that end, it is encouraging to see that the show’s website already includes interactive online content that will enable viewers to participate more actively in the debates they encounter on the show. Each episode features discussion guides at beginner and advanced levels; there are also pop quizzes, discussion circles, and downloadable versions of the readings...

Author: By The Crimson Staff | Title: A Just Decision | 9/15/2009 | See Source »

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