Word: fourthly
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...Administration's assumptions about the rate of the recovery were probably finalized several weeks ago. It would have been impossible to balance the Budget without them. At the point when those forecasts were set, GDP contraction for the fourth quarter of last year had not been revised to 6.2%. GM (GM) had not posted its huge loss. GE (GE) had not cut its dividend. And, Citigroup (C) had not been partially taken over by the government. Some analysts might say that those were unrelated activities made by large companies in unrelated industries. However, these firms were, until recently, the largest...
...sharp down note after absorbing a weekend of anxiety over AIG, the black hole of an insurance company that is swallowing another $30 billion of government assistance with no assurance that it won't need more. Monday morning, AIG reported a colossal loss of $61.66 billion for the fourth quarter of 2008. Citigroup also cast its own dark shadow with news last week that the government will convert preferred shares it owns for up to a 36% stake in the troubled financial services firm...
...freshman Devan Kennifer added. PRINCETON 13, HARVARD 6 Seeking redemption after last week’s tight 10-8 loss to the Tigers, Harvard faced off against Princeton in the final game of the tournament. Last week, the Crimson nearly caught up to the Tigers with a strong fourth-quarter performance. This week there would be no late game heroics.Yesterday, the Tigers’ defense kept Crimson’s offensive attack on a tight leash until the final whistle blew; Princeton held Harvard to its lowest point total since its two-goal performance versus Michigan in the season?...
...place score for their team. In the individual events, sophomore Evan Schindewolf led Harvard’s biggest offensive effort for the three-day contest, claiming the number two spot in the 200-yard IM with a time of 1:50.88. Schindewolf was followed by senior Dan Jones in fourth, freshman David Lynch in fifth, junior Rob Lynch in sixth, and freshman Niall Janney in eighth. Schindewolf also placed second in the 400 yard IM, followed this time by Janney, Rob Lynch and David Lynch in fourth, fifth and seventh, respectively. “Our team came together really well...
...pretty exciting to see all of the best players in one place,” said junior No. 7 Frank Cohen.Last weekend, the Crimson traveled to Princeton for the CSA Team Championships. The squad was ranked fifth headed into the tournament but finished the weekend in fourth place. In the first round, Harvard took revenge on No. 4 Cornell, a team they had lost to, 6-3, earlier in the season. This time around, the Crimson had the edge and defeated their Big Red opponents, 5-4. A loss against eventual-champion Trinity sent the Crimson into the bronze medal...