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...some cases, [there are] cuts in the level of service to faculty and students or compromises in terms of quality, which I think most people would have to consider unfortunate," he said. "But we recognize on the other hand that the University does have to make adjustments in order to live with constrained revenue and realities...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

...Says He's the Great Reformer Stewart witnessed at close hand Labour's shock defeat in the 1992 election it was widely expected to win. That defeat inspired Labour's painful decision to throw out old class-war shibboleths and remake itself for a newly prosperous nation. The party now faces a similar proposition, Stewart believes: reform or die. "If the Labour Party fails to reform itself, then the second stage is that the electorate will reform it by throwing it out," he says, adding: "Barring an event like the Falklands War which helped save [Margaret] Thatcher, Labour...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...head of the congressional panel monitoring the bank bailout had just finished a hearing in New York City and was nibbling at a dish of pasta with zucchini. "I can't think of anyone I'm afraid of," she adds. "Certainly not someone who may have had a hand in bringing this country to the brink of disaster...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

...appointment raises a number of questions, including whether someone like Warren can compel staffers at the Treasury Department to hand over sensitive data - the crux of her job. The bonus scandal at AIG, the former insurance giant that is now a ward of the Federal Government, was a strong indication that some of those responsible for dispensing funds from the Troubled Asset Relief Program (TARP) lost track of the cash. Which raises a more philosophical point: Is it even possible to know where the money is going? And if so, is Warren, a Washington outsider who's still feeling...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

...North Korea's pronounced track record of mischief and crime could make a greater Internet presence a mixed blessing. Some observers worry that the desperately poor country might be tempted to try its hand at any number of cybercrime ventures. North Korea already has a small (100 personnel) cyberwarfare unit trying to hack into U.S. and South Korean military networks, South Korea's Yonhap news agency reported in early May. The report came a day after Seoul's Defense Ministry said it had signed an accord with the Pentagon to strengthen its cooperation in fighting against cyberthreats...

Author: /time Magazine | Title: North Korea Tries to Ramp Up Tech Infrastructure | 6/22/2009 | See Source »

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