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...Further, there is currently a crisis of confidence in the banking world. Because of the uncertainty surrounding the future of asset values and the prices of complicated derivatives like mortgage-based securities, banks are hoarding money. They lack the confidence even to lend to one another. Reducing mortgage principal addresses both of those problems directly. By stabilizing the mortgage markets, much of the uncertainty will vanish. Banks' balance sheets could stabilize. And confidence may very well return...

Author: /time Magazine | Title: A Better Bank Fix: Cut Every Mortgage's Principal | 2/13/2009 | See Source »

...Demand for cafeteria use is high, said fourth year MD/MPH student Melody A. Russell, and those who try to plan large functions are often frustrated by the lack of an alternative venue...

Author: By June Q. Wu and Helen X. Yang, CRIMSON STAFF WRITERSS | Title: Cramped Spaces Burden HSPH | 2/13/2009 | See Source »

...Recognizing the limitations of their scattered setting, the school began planning in 2001 for a much-heralded move to Allston—since presented as a solution to the school’s disjoint nature and lack of student space...

Author: By June Q. Wu and Helen X. Yang, CRIMSON STAFF WRITERSS | Title: Cramped Spaces Burden HSPH | 2/13/2009 | See Source »

...explained the value of sharing and communicating an emotional connection with music instead of teaching and learning notes in a strict one-way fashion.After closing with a call for global empathy, he even provided career advice for Harvard students who are passionate about the arts but fear they lack the intrinsic talent to make it in the art world: “I think the important thing is to never lose your passion,” Ma explained. “It’s a rare gift to have one, and every profession is competitive—keep doing...

Author: By Benjamin C. Burns, CRIMSON STAFF WRITER | Title: Yo-Yo Ma Goes Beyond the Music | 2/12/2009 | See Source »

...racked with hunger and traumatized by a long history of colonial abuse, postcolonial kleptocracy and plunder. In the past 10 years alone, millions have died here, and more die each day as a result of the conflict. Most die not from war wounds but from starvation or disease. A lack of infrastructure means there is little medical care in the cities and none in rural communities, so any infection can be a death sentence. The most vulnerable suffer the worst. One in five children in Congo will die before reaching the age of 5 - and will...

Author: /time Magazine | Title: A Glimmer of Hope in Africa | 2/12/2009 | See Source »

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