Word: legacyism
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Kravitz is hardly the only scientist so taken with the red-eyed bugs. While the antics of Drosophila melanogaster, as the fruit fly is known in scientific circles, may seem irrelevant at first blush, they are anything but. Remember, it was the fruit fly, which has been used in experiments...
The losses would deal a blow to financial firms already struggling from rising delinquencies, and could force some troubled firms such as Bank of America, Citigroup and Wells Fargo to go back to the government for another round of financing. That could create another problem: There's just $135 billion...
The problem is that $0.70 is still less than the $0.91 average banks are holding loans on their books. The Treasury Department has said that PPIP program could buy up to $1 trillion in "legacy" banks loans and other debt. That suggests banks could lose up to $210 billion on...
The Harvard Law School Library has established the Morris L. Cohen Fellowship in American Legal Bibliography and History, which intends to fund expenses for scholars who must travel to Harvard to access the Library’s Special Collections. Close to 40 percent of the graduate students who contact the...
And why are costs spiraling out of control again? Yes, the global credit crunch has increased the cost of borrowing, and oil spikes have increased the costs of materials. But ironically-tragically, really-the main problem has been the 30-year hibernation of the nuclear construction industry, the legacy of...