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Executives at Barclays—which headed a group of five investment banks that managed the bond sale—said in interviews with The Crimson last week that Harvard’s bonds were particularly appealing to investors given the University’s excellent credit rating and its strong reputation in the market. A high level of demand tends to drive down the yield on bonds...
...unclear whether Benedict will mention it, or details of his own experience as a teenager in Germany during World War II. In contrast to John Paul's willingness to talk about the war years, Benedict has offered scant recollections of his forced conscription into the Hitler Youth group. "I believe every elderly German has something worth telling Jews, and maybe also asking forgiveness," Pacifici says. (Read: "Benedict's Pope: Should Pius XII Become a Saint...
...Much of the fault of the financial crisis has been heaped on Wall Streeters, unscrupulous mortgage lenders and weak regulators. But in a new research paper, economist Ricardo Caballero says there is another major group of contributors to America's monetary mess who are not getting the blame they deserve: foreigners...
...gaining traction. "Senator Nelson's deal has been a blessing to those states like New York that were feeling left out. It brought the issue back into public recognition," says James Tallon, a former New York state assemblyman and current president of the United Hospital Fund, a nonprofit philanthropic group that studies health care in New York. (See 10 players in health care reform...
...North Waziristan tribal region killed Jamal Saeed Abdul Rahim. The FBI's Web site lists him as a Palestinian with possible Lebanese citizenship. The Pakistani officials called him an al-Qaida member, but the FBI site says he was a member of the Abu Nidal Palestinian terrorist group...