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...necessary as those moves may be, the stock market - the most visible gauge of investor sentiment - has not been convincingly reassured. Why doesn't the news of government's quick and sweeping response stop the slide? "The news has got nothing to do with it," says Jeffrey Saut, chief investment strategist at Raymond James. "What it is, is a sequence of events that have brought us into crash mode." Saut traces that sequence of events from the nationalization of Fannie Mae and Freddie Mac, which wiped out the stockholders of those institutions, to the collapse of Lehman Brothers, which...

Author: /time Magazine | Title: A Market Meltdown That Won't Stop: Is This Rational? | 10/9/2008 | See Source »

...steelworkers. To get a real sense of that transformation, go to the CEO's perch on the 62nd floor of the U.S. Steel building--a floor that sat empty for seven years. "What made Pittsburgh great is exporting the steel that it made, and the money came back," says Jeffrey Romoff. Understand, Romoff does not work for U.S. Steel, which has been doing fine, mind you. Instead, he's the CEO of the University of Pittsburgh Medical Center (UPMC), the thriving $7 billion health-care conglomerate that occupies some of the top floors of the building and whose logo...

Author: /time Magazine | Title: Finding One Economic Bright Spot on Main Street | 10/9/2008 | See Source »

...Cabot House, Devin D. Smith ’09 of Currier House, Sheila C. Lee ’09 of Eliot House, Ricky B. Shah ’09 of Lowell House, Derek N. Jones ’09 of Mather House, Seema Amble of Quincy House, and Jeffrey Kwong ’09 of Winthrop House. —Staff writer Charles J. Wells can be reached at wells2@fas.harvard.edu...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: Senior House Reps Chosen | 10/8/2008 | See Source »

mbridge at midnight for a 24-hour trip to Washington D.C. to hear two Supreme Court cases and meet with Justice David H. Souter ’61 next Tuesday. In preparation for the excursion, former Vermont Supreme Court Chief Justice Jeffrey L. Amestoy and Harvard Law Professors Noah R. Feldman and Ronald S. Sullivan, Jr. discussed the context and facts of the two cases in Lowell House library last night...

Author: By Courtney P Yadoo, CONTRIBUTING WRITER | Title: Students Briefed for Day in Court | 10/8/2008 | See Source »

...Medical School Dean Jeffrey S. Flier said that upon taking the helm of the school in July 2007, he adopted the view, widely held at SEAS, that bioengineering needed to be developed at Harvard. The Medical School released slew of committee reports this summer—the most detailed and substantial of which called for the creation of a University-wide bioengineering initiative, concluding the first phase of the strategic planning process launched last October...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Receives $125 Million for Biological Engineering | 10/7/2008 | See Source »

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