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DIW, the economic-research institute, suggests that the banks sell the toxic assets to the federal government at no charge. In exchange, the government would then provide the banks with equity by taking stakes in banks that participate. The toxic assets would be placed in a state-owned bad bank...

Author: /time Magazine | Title: Why Berlin Says U.S. 'Bad Bank' Plan Is Bad | 3/30/2009 | See Source »

Burning boats on Housing Night may not be one of Harvard’s most historic traditions, but try telling that to the scores of freshmen who experienced a police crackdown in the recent Housing Day “Quad boat incident.” For several years, freshmen students...

Author: By The Crimson Staff | Title: Burn, Baby, Burn | 3/30/2009 | See Source »

Eyewitnesses told reporters that the attackers approached the premises from four directions, moving in groups of three or four. The attackers began hurling grenades before shooting the trainees on sight. Local television footage later showed bloodied bodies of uniformed trainees lying on the parade ground. Survivors of the initial assault...

Author: /time Magazine | Title: Pakistan Attack Raises Fears of Spreading Terrorism | 3/30/2009 | See Source »

Harvard began to pick up its momentum after its initial tally. The Crimson scored twice in quick succession, as freshman Chelsey Bowman found the net at 18:40 from sophomore Jess Halpern and Martin recorded her first point of the day with an unassisted goal at 18:00.

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: WEB UPDATE: Harvard Drops Shootout to Great Danes | 3/27/2009 | See Source »

That effort has stirred Le Pen, who sat in France's parliament for seven years, from a relative silent spell. During a session of the European Union's legislature on March 25, Le Pen repeated his notorious contention that "the gas chambers were a detail of Second World War history...

Author: /time Magazine | Title: Will Le Pen Get European Ceremonial Post? | 3/27/2009 | See Source »

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