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...billion from proprietary trading and principal transactions during the year and a half leading up to the financial crisis and since, according to a TIME analysis of Securities Exchange Commission filings and bankruptcy-court documents. That's nearly double the $18 billion in common equity the firm had in late 2006, just before mortgage bonds started going sour in the beginning stages of the financial crisis; it was more than enough to wipe the firm...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

...first semester at Harvard was a whirlwind of red-brick buildings, late nights and early mornings at Lamont, and first impressions of my classmates, explored all while navigating through new extracurriculars and peculiar social scenes. My fall experience was confined to the so-called “Harvard Bubble,” so J-Term in Nicaragua and Honduras provided the much-needed break from my hectic and overly-complicated college life to recharge and reassess who I am and where I am going...

Author: By Meredith C. Baker, CRIMSON STAFF WRITER | Title: La Vida Sencilla | 2/4/2010 | See Source »

...opinion, it is too late in the game for the world to come up with any diplomatic pressure directly on leaders seeing as those rulers have been allowed to enjoy the dismal silence of the international community too long and to master the art of maneuvering the political tools of democracy and full sovereignty...

Author: By Sandy Vadi | Title: RE: The Sri Lankan Dilemma | 2/4/2010 | See Source »

...then, did I find myself at 5 p.m. on January 22 (11 p.m.: time to break out the euro-and-66-cent bottle of wine or get some late-night gelato) feeling almost nostalgic about clearing my leftovers out of the office fridge and packing up my personal belongings (i.e., my favorite...

Author: By Elizabeth C. Pezza, CRIMSON STAFF WRITER | Title: Clocking the Hours | 2/4/2010 | See Source »

...tempting to see it that way. There has been much talk of China ruling the world and the clash of civilizations this would prompt. Much has been made of the notion that Chinese leaders have been showing an unexpected cockiness vis-à-vis the U.S. of late, tightly controlling what Obama did when in China, refusing to follow American leads in Copenhagen and then lambasting Secretary of State Hillary Clinton for criticizing Beijing in a Jan. 21 speech on Internet freedom. But it's a temptation worth resisting. (See pictures of U.S. Presidents in China...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

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