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...aquifers. About half forms a barrier against seawater, which has been infiltrating groundwater sources as the county has dried up, while the other half slowly filters into the aquifers that supply drinking water for the county's 2.3 million residents. The GRS is believed to be the world's largest facility dedicated to what's known as indirect potable reuse (if you're in favor of it) or toilet-to-tap (if you're not). But there's a better term: water recycling, and it might be the world's answer to the clean-water crisis. (See pictures...

Author: /time Magazine | Title: Sewage That's Clean Enough to Drink | 12/16/2008 | See Source »

...billion fraud Madoff allegedly perpetrated is the most egregious Ponzi scheme to date-unless you subscribe to an argument advanced by financial consultant Janet Tavakoli. In a neat summary of the anger millions of people are channeling toward Wall Street, Tavakoli wrote on her company website: "The largest Ponzi scheme in the history of the capital markets is the relationship between failed mortgage lenders and investment banks that securitized the risky overpriced loans and sold these packages to other investors-a Ponzi scheme by every definition applied to Madoff." By comparison, she wrote, the fallen fund manager is just...

Author: /time Magazine | Title: Ponzi Schemes | 12/15/2008 | See Source »

...world-class faculty, a student body from every corner of the globe, and access to the largest private library collection on the planet was good. But it was not good enough for Katherine L. Peisker ’09. After spending her first two years inside Harvard’s ivy-clad gates, Peisker decided to look beyond the Yard to broaden her education. Bidding farewell to her blockmates in Leverett House, Peisker took off on a year-long journey, spending the first half of her junior year living in Moscow and the second studying in a Ukrainian Greek Catholic...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Broadening Horizons, Abroad | 12/15/2008 | See Source »

University President Drew G. Faust affirmed the University’s commitment to financial aid in November just before she announced the Harvard’s endowment had seen the largest decline in its history...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Student Aid Stays In Wake of Crisis | 12/15/2008 | See Source »

...From 1989 to 1991 she served as Senator Al Gore's senior legislative aide before heading up the Department of Environmental Regulation in Florida. Her greatest achievement: settling a lawsuit the government had brought against Florida for environmental damage done to Everglades National Park and launching the largest ecological restoration project ever attempted in the U.S., to purify and restore the natural flow of water to the Everglades...

Author: /time Magazine | Title: Energy Czar: Carol Browner | 12/15/2008 | See Source »

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