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...structured: they lock up investors' money for a decade and rake in 2% annual fees even when their investments tank. When they borrow money to buy a company, the debt gets stuck on the company's books, not theirs. As a result, most have been able to effectively hold their breath through the turmoil...

Author: /time Magazine | Title: Private Equity, the Giant Before the Bust, Hangs On | 4/2/2009 | See Source »

They can't hold it forever, though, and what happens next is Topic A in private-equity circles. Everybody agrees there's a shakeout on the way; at industry conferences one hears predictions that anywhere from 20% to 50% of PE firms will go out of business. There's less agreement about the survivors. Will they land back atop the financial heap and continue to steer a big part of the U.S. (and the global) economy? Will the top students at the top business schools still pine for PE jobs? Or was the PE boom just an artifact...

Author: /time Magazine | Title: Private Equity, the Giant Before the Bust, Hangs On | 4/2/2009 | See Source »

...couldn’t have done it without my teammates. They just pump me up.”“Jen’s been having some great at bats lately so it was nice to see her today really connect and get a hold of one,” Allard added. “She’s an offensive spark for us.”Harvard added two more runs in the inning, to bring its lead to 10-3 and both teams went scoreless in the sixth and seventh to finish the game.HARVARD 6, RHODE ISLAND...

Author: By Zachary H. Richner, CONTRIBUTING WRITER | Title: Harvard Bats Come Alive in Sweep | 4/2/2009 | See Source »

...League, respectively.“We had the bases loaded and when we saw Matty coming to the plate, we were feeling pretty good about that with the way he’s been playing,” Douglas said.But the Crimson pitching staff couldn’t hold up its end of the bargain. Freshman Conner Hulse pitched a relatively clean third frame, giving up just a run on two hits and striking out a pair of batters, but senior Adam Cole and sophomore Anthony Nutter combined to allow four runs in the fourth to give the Crusaders...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Heartbreaker at Home for Harvard | 4/2/2009 | See Source »

...hypertension over a four week program, “patients experienced clinically significant improvements in heart-rate variability.”These results, though only a first step, are as compelling as they are thought-provoking. If music is to be harnessed for its pharmacological powers, might it not hold the potential for dangerous interactions? Remember the crying waitress? Van Morrison’s “Astral Weeks” is good to write to, and the electronic band MSTRKRFT quite great to run to, but such selections would certainly have deleterious effects on performance if poorly prescribed. Last...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Playing with a Potential Musical Cure | 4/2/2009 | See Source »

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