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...apologies from bank bosses could stimulate the economy, Britain's would be outgrowing China's just now. As the former execs in charge of two of the U.K.'s largest banks appeared before a committee of Members of Parliament on Tuesday to account for their role in the financial meltdown, the bankers gave out "sorry"s like mortgage-backed securities...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

...former Yankees Jason Giambi and Andy Pettitte by admitting to his use of steroids. In explaining the doping, Rodriguez cited the pressures of his peers and the new $250 million contract he had inked that year with the Texas Rangers—which at that point was the largest deal in the history of professional sports...

Author: By The Crimson Staff | Title: Error to the Third Baseman | 2/10/2009 | See Source »

Despite the unprecedented financial crisis, recent fundraising has been relatively stable, with gift receipts from December falling just two percent relative to the same month in 2007, according to Rogers. The University received $651 million in gifts, the second largest haul in Harvard’s history, over the last fiscal year, which ended in June...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Fundraising Push Could Be Delayed Further | 2/9/2009 | See Source »

Harvard’s last capital campaign, which ended in 1999, raised a record-breaking $2.6 billion ($3.3 billion in today’s dollars)—then the largest total in the history of higher education. The University had intended to gear up for another campaign with a 2006 or 2007 launch date, but the 2006 resignation of then-University President Lawrence H. Summers forced Harvard to put a temporary hold on its plans, at least until a new president had been chosen...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Fundraising Push Could Be Delayed Further | 2/9/2009 | See Source »

...When you give them so many power plays there’s only so much you can do. When you give a team 50 shots it’s going to catch up with you.”The shot margin was Yale’s largest of the year and the 15 attempts on goal by the Crimson were the fewest the Elis had allowed this season. Yale punished the Harvard in both zones, and offensive troublemakers kept the play around the Crimson’s net.In the third period, the Bulldogs continued their attack and slid pucks past...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Harvard Overwhelmed by Relentless Bulldogs Offense | 2/9/2009 | See Source »

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