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The clearinghouse industry has been another victim of the crisis. Clearinghouses grew rapidly in the wake of 2010 reforms that targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

In a related development, a spokesman for Goldman Sachs denied allegations that the firm had taken a large short position in a synthetic SWIFT in April of last year.

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

The Crimson perhaps takes an undue amount of heat because it elects such large numbers of people, and, obviously, I have only been exposed to the administration’s actions toward one organization.  But this shakedown is endemic of a deeper problem with the College?...

Author: By Maxwell L. Child | Title: Greetings from the Ad Board | 5/27/2010 | See Source »

“There always has been pressure for departments that have a large influx of students to have more faculty,” says Wilt Idema, chair of East Asian languages and civilizations, which had 40 concentrators in 2008. “If I were the chair of economics...

Author: By Elyssa A. L. Spitzer, CRIMSON STAFF WRITER | Title: Casting Numbers Aside | 5/27/2010 | See Source »

And although Dukakis lost the election to George H.W. Bush by a large margin—he garnered 111 electoral votes to Bush’s 426—among the most memorable aspects of 1988 election was Dukakis’s reaction to the “Willie Horton?...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Michael S. Dukakis | 5/27/2010 | See Source »

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