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...don’t know of anyone who foresaw the ramifications of the sub-prime crisis through the whole economic system,” he said. “At least until last July, I thought that we could avoid a recession in the United States. All that is gone now.” Robert Z. Lawrence, a professor of international trade and investment at the Harvard Kennedy School, emphasized the important role that globalization played in spreading the crisis. “If ever we needed a reminder of how interdependent we’ve become in a global...
...Norworth still needed music to accompany his verse. He sought the help of his friend Albert von Tilzer, a Broadway songwriter and the creator of popular songs like "The Alcoholic Blues" and "I May Be Gone for a Long, Long Time," whose waltz-like melody made the tune complete. On May 2, 1908, the U.S. Copyright Office received two copies of their song - and most likely filed them away with the hundreds of other odes to baseball that had come before it. (Among the less popular: the largely forgotten "Baseball Polka," created by a Buffalo ballplayer.) "Take...
...local Afghan army commander was sure he was Taliban, though the U.S. commander wanted to give him the benefit of the doubt. If Niazamuddin was willing to lead a search, that would provide an example of solid leadership in a town riven by extremist sympathies. But Niazamuddin had gone back on his offer. If members of the Taliban found out he had led the Americans to suspicious houses, he said, they would kill him. The operation's leader, 1st Lieut. Glenn Burkey, exploded with frustration. U.S. forces had taken gunfire from the village several times, and previous house searches...
...president of the company told her he had made a mistake because there was another worker with more seniority.“I feel like they are playing with our feelings,” she said through an interpreter.The layoffs were especially frustrating for Coto because many workers had gone above and beyond their normal duties, she said. Occasionally workers would cover two or three extra floors when other workers were absent—sometimes with extra pay, sometimes without.Richard M. Shea, the associate dean for Physical Planning and Facilities at HMS, said he had never heard that workers...
...Report on Harvard House Renewal released last week promises to give students everything from 24-hour dining halls to more soundproof bedrooms. The House Program Planning Committee has gone to lengths to address a broad array of problems, involving both the structure of the Houses themselves and the general organization of House life. The major initiatives laid out in the report seem positive and, if renewal proceeds along these lines, prospective students can look forward to joining better-equipped, more cohesive Houses...