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Bioengineering at Harvard is about to take off. In late September, Hansjörg Wyss donated $125 million to Harvard to found the Wyss Institute for Biologically Inspired Engineering. Topping the $100 million for international programs and the arts that Harvard received last April from David Rockefeller �...

Author: By The Crimson Staff | Title: The $125 Million Man | 10/8/2008 | See Source »

While stories about bankruptcies and bailouts in Wall Street and Washington D.C. may make people think America’s financial woes have infiltrated the globe, the Colombian finance minister proved that positive economic news can come from unexpected sources: in this case, the Colombian economy. Oscar Iván...

Author: By Youho T. Myong, CONTRIBUTING WRITER | Title: Finance Minister Speaks of Weakness | 10/8/2008 | See Source »

Despite his record of success at holding executive-level jobs and making highly profitable investments, Rajaram had apparently been unable to find work. Meanwhile, he began to accumulate financial losses which took their toll on his saved-up profits. Suddenly having an M.B.A., working one's way up in finance...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

Stocks continued to slide despite a spate of actions yesterday by Asian governments to stem financial volatility, boost economies and prop up markets. The People's Bank of China cut interest rates for the second time in three weeks, while reducing the reserve requirement ratio for most banks. The Hong...

Author: /time Magazine | Title: US-Europe Rate Cut Comes Too Late for Asia | 10/8/2008 | See Source »

All eyes are now on the upcoming meeting of G-7 finance ministers and central bank chiefs scheduled for Friday in Washington. On Tuesday, Japan's Prime Minister, Taro Aso, urged industrialized countries to take further measures to shore up credit markets. "The impact would be substantial if the G...

Author: /time Magazine | Title: US-Europe Rate Cut Comes Too Late for Asia | 10/8/2008 | See Source »

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