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...contracts are incredibly complicated, a thousand pages and more, and all in English," says Franz-Reinhard Habbel, spokesman for the Federation of German Cities and Municipalities. "Many cities were just out of their depth and unable to understand them...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

...there was a risk, and it would end up costing German taxpayers dearly. It related to a term set down in the leasing contracts - massive tomes, written in English, which required the Germans to take out policies with AAA-rated insurers to cover the value of the assets for the life of the lease. Should the insurer lose its top rating, the Germans would have to either find another insurer or, in the worst case, provide additional collateral to guarantee the assets. It was a scenario that no one expected could emerge - until the financial crisis...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

...organizer and English Professor Daniel G. Donoghue said that humanities departments organized the event to quell student anxiety about concentrating in the humanities, fears that stem from both the ailing economy and parents concerned about the returns on their expensive educational investments. “With the financial pressure of today’s world and the changing demographics of students at Harvard,” he said, “we in the humanities need to try even harder to get out the message that time in humanities programs is time well-spent in preparing for the world...

Author: By Alex M. Mcleese, CRIMSON STAFF WRITER | Title: Humanities Alumni Talk Making Money | 4/8/2009 | See Source »

Panelist Victoria L. Steinberg ’01, a former English concentrator who is now an attorney, said that the humanities can be a path that leads to both lucrative careers and personal fulfillment...

Author: By Alex M. Mcleese, CRIMSON STAFF WRITER | Title: Humanities Alumni Talk Making Money | 4/8/2009 | See Source »

...group of students and rogue professors held a "Pirates Screening Teach-In" on Monday night, drawing some 200 attendees. Before a 30-min. excerpt - which included two threesomes and copious shots of corset-clad blondes - students, professors, lawyers and ACLU representatives stood up to defend porn on principle. English professor Martha Nell Smith, who noted that literature from Shakespeare to Dickinson includes pornographic elements, said it's a student's choice whether to study erotica and "our job together to contextualize it." (Read about porn and the iPhone...

Author: /time Magazine | Title: Pirates XXX: One University's Battle over Porn | 4/8/2009 | See Source »

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