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...idea of clamping down on executive pay before a firm is allowed to take part in the proposed $700 billion toxic-asset bailout program seems eminently reasonable. After all, we're talking about the very well-compensated execs - hello, eight figures - who ran the firms that drove the demand for the securities that caused the problems in the first place...

Author: /time Magazine | Title: Do Caps on Executive Compensation Really Work? | 9/25/2008 | See Source »

Everybody's talking about who can bring America together. But who's going to take it apart? STATE BY STATE (Ecco; 572 pages) is an anthology of 50 essays by 50 writers about the 50 states. The idea is to celebrate disunity: to find aspects of each state that are still distinctive, that have resisted the forces of cultural homogenization. This could be about as exciting as studying for your ged, but the results are actually kind of great...

Author: /time Magazine | Title: State Secrets | 9/25/2008 | See Source »

...while today's crisis management makes a certain amount of sense, returning to the borrow-and-spend status quo afterward seems like a disastrous idea. If the U.S. is to have a future as an economic power, its long love affair with borrowed money has to end. Right? "I hesitate to say yes, because people--including me--have been saying that it had to come to an end now for years, and it hasn't," says R. Taggart Murphy, an expert on global capital flows who teaches at the University of Tsukuba's business school in Tokyo. Then he adds...

Author: /time Magazine | Title: America's No. 1 Export: Debt | 9/25/2008 | See Source »

...truly informed person unless you understand religion,” Quinn said. Rachel A. Esplin ’10, a Mormon and undergraduate panelist, said she looks forward to similar conversations in the future. “I think it’s an excellent idea, and I hope to see more of this type of thing around campus,” Esplin said. “It gives us a chance to define our own faiths.” —Staff writer Brittany M. Llewellyn at bllewell@fas.harvard.edu...

Author: By Brittany M Llewellyn, CRIMSON STAFF WRITER | Title: Harvard Chaplains Host Interfaith Event | 9/24/2008 | See Source »

...then there are some hook-ups that even the slickest sleuths should avoid at all costs. “Dormcest” is always a bad idea. If things go sour, your 4 a.m. vending machine visits will always be wrought with the fear of bumping into your ex-lover buying Diet Coke for a new honey, or using the basement dryers for something other than drying clothes. Plus, dorms are mini-Harvards—word gets around pretty fast, and nobody wants to be the year’s “Holworthy Ho?...

Author: By Julia M. Spiro, CRIMSON STAFF WRITER | Title: How to Keep Cool as Things Get Hot | 9/24/2008 | See Source »

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