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...remedy this. Its Initiative for Social Enterprise attracts faculty interested in and affiliated with nonprofits and offers relevant classes and a Service Leadership Fellows Program for students. There is also a loan assistance program for graduates who enter the nonprofit sector after graduation. Hopefully, the 2+2 program can extend these admirable plans to support HBS students who are interested in taking their talents to the public and nonprofit sectors.The 2+2 program has, not surprisingly, been met with skepticism from some quarters, particularly from those who say it will force undergraduates to make decisions about graduate school even earlier...

Author: By The Crimson Staff | Title: Adding Value | 9/20/2007 | See Source »

...North Korea thoroughly, so U.S. inspectors should ensure full compliance.Moreover, the U.S. should use this opportunity to improve international cooperation over the North Korean issue. In August, Indiana Senator Richard G. Lugar and former Georgia Senator Sam A. Nunn suggested in a Wall Street Journal editorial that the U.S. extend the Nunn-Lugar Cooperative Threat Reduction program into North Korea. Operating out of the Defense Department, the program secures and dismantles nuclear weapons left over from the Cold War that are lying in Russia and the former Soviet Union states. Senators Lugar and Nunn propose that Nunn-Lugar inspectors from...

Author: By Brian J. Bolduc | Title: North Korea: No Celebration | 9/19/2007 | See Source »

Monday morning is never a quiet time for a Main Street bank. At branches of Northern Rock, a British lender, the lines outside extend even further than usual. But it's not exactly welcome business. Savers flooding the Newcastle-based bank on Monday joined the thousands to have withdrawn their cash from Northern Rock in recent days. So far, customers have emptied the bank of around $4 billion, or 8% of its deposit base...

Author: /time Magazine | Title: Northern Rock's Shares Tumble | 9/17/2007 | See Source »

...have direct access to central bank lender-of-last-resort safety nets. When the quantitative models used to measure default risk on the new mortgage-backed instruments vastly underestimated actual delinquencies, many of these investors found themselves with unexpected losses. Concern about just how far these losses extend - and whether major financial institutions are at risk - has caused global stock and bond markets to tremble in recent weeks as investors sold assets to raise cash. This presents a particularly thorny problem for policymakers. Central banks have used special injections of liquidity to prevent key interbank credit lines from seizing...

Author: /time Magazine | Title: Asia Rising | 9/13/2007 | See Source »

...understand your brother is prevented from any political activity in exile. How far does this extend? We have not heard from [him] that he will be able to do any political activity. Of course his family is allowed to contact him. He is very angry. He told me with a heavy heart that "Musharraf forced me to do what I never wanted to do again, which was to send...

Author: /time Magazine | Title: Interview: Shahbaz Sharif on His Brother | 9/13/2007 | See Source »

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