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...political influence whatsoever.  Through administrations that might be victim to political pressures of all types, the Federal Reserve does what is right for the stability of our economy, be it the case of former Chairman Paul Volcker’s raising of interest rates to historically high levels in order to cut inflation in the early 1980s, or Chairman Ben Bernanke ’75’s opening up of lending windows to major investment banks during the financial crisis, despite the deep political unpopularity of such measures. By opening up the Federal Reserve?...

Author: By Ravi N. Mulani | Title: Financial Follies | 5/12/2010 | See Source »

Next year, Howell will be living in a faculty apartment in Mather House, he said. His son will be a senior in high school, so Howell’s wife will stay in Princeton with him, Gordon said. Howell said he will eat in the dining hall sometimes and participate in House activities. He said he will be happy to “give talks or engage in other intellectual activities” if asked...

Author: By Monika L. S. Robbins, CRIMSON STAFF WRITER | Title: Harvard Welcomes Japanese History Professor | 5/12/2010 | See Source »

...predicted in late March, more than 60 percent of the anticipated Class of 2014 will receive need-based financial aid from the College, as the undergraduate financial aid budget reaches a record high of $158 million next year...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Yield May Top 76 Percent for Class of 2014 | 5/12/2010 | See Source »

...year-old James Bulger. Now, nine years since his release, Venables is back in custody, and the public demands to know the reason. The questions that surface query the criminal’s right to anonymity as well as appropriate prison sentences for those so young. The attention and high emotion that surround such cases certainly destroy notions of impartiality and make the potential for a fair trial extremely difficult...

Author: By Olivia M. Goldhill | Title: The Innocence of Youth? | 5/10/2010 | See Source »

...thirsty for retribution. Similarly, the desire for information about the new crime of an ex-convict seems to be a product of natural but legally unreasonable anger. Comparably strong emotions affected the original trial, and the European Court of Human Rights later ruled that the high scrutiny and “incomprehensible and intimidating” adult court structure for a child of 11 meant that the trial was not a fair...

Author: By Olivia M. Goldhill | Title: The Innocence of Youth? | 5/10/2010 | See Source »

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