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...will listen. If the American government does not allows its deficit to rise into the trillions of dollars, the consequences will be a depression which will last for several years and put more millions of Americans out of jobs. The U.S. tax base will be ruined, which will cause huge deficits because of rapidly falling IRS collections as corporations and individuals lose their ability to create income. Even if government keeps expenses as they were last year, the budget deficit will balloon and the Treasury will have to issue more debt to cover the difference...

Author: /time Magazine | Title: The G-20 Summit: Obama Can Stay Home | 3/30/2009 | See Source »

Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in our economy. Yet these bodies have been allowed to operate with a minimal level of oversight for years. Treasury Secretary Timothy Geithner’s call for an expansion of financial regulation and increased transparency faces a long struggle through Congress but will prove a crucial framework for promoting future...

Author: By The Crimson Staff | Title: The End of Under-Sight | 3/30/2009 | See Source »

...Rhode Island, who the team will take on at home.“It’s important to play at home before our first Ivy League game at home,” Bock said. “Getting a game on our field since fall will be huge.”—Staff writer Lucy D. Chen can be reached at lucychen@fas.harvard.edu...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Harvard Bats Come Alive in Doubleheader Sweep Over Penn | 3/30/2009 | See Source »

...became interested in social entrepreneurship after she consulted for the Clinton Foundation’s HIV/AIDS Initiative. “I realized that I could do business and do good at the same time,” she said. “There wasn’t a huge trade-off.” Scharpf then enrolled at the Kennedy School and then the Business School before working for the World Bank in Africa. The creation of the Social Entrepreneurship Fellowship, which will be given annually to an HBS alum, is indicative of a growing focus on social enterprise...

Author: By William N. White, CRIMSON STAFF WRITER | Title: HBS Extends Efforts in Social Enterprise | 3/29/2009 | See Source »

...respectively. This allowed Sacred Heart to take a 2-1 lead over the Crimson.“[Sacred Heart]’s a really good team,” Weissbourd said. “They serve much better than NYU, actually. It was hard to come off a huge win and come back the next day to play an extremely focused game. In the end, we sort of got it into our heads that we needed this win just as much as we needed last night’s.”But just when it looked like Sacred...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Weekend Sweep Earns Crimson Tie for League Lead | 3/29/2009 | See Source »

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