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Falling prices are only the No. 2 concern on the worry list of 21% of chief financial officers at U.S. oil and gas companies, according to a survey by BDO Seidman, an accounting and consulting firm. The No. 1 concern of 57% of the CFOs was access to capital. While the industry is not as capital-intensive as it once was, Perryman says, it is still intertwined with the health of the financial system. However, in Amarillo, where the energy sector is about 25% of the economy, the talk around the coffee shop is still dominated by the price...

Author: /time Magazine | Title: Texas Braces for an Oil Bust | 12/19/2008 | See Source »

...Harvard women’s basketball team is checking off credentials on its non-conference list as it readies for Ivy play. Its most recent acquisition? A tough, come-from-behind win on the road. The Crimson (7-4) rallied from seven points down in the final two minutes to beat UC Santa Barbara (3-5) in a 61-59 nailbiter Wednesday night at the Thunderdome in Santa Barbara, Calif. After the two teams traded leads for most of the second half, the Gauchos used an 8-2 run with under five minutes to play to put themselves...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Women's Basketball Comes from Behind against UCSB | 12/19/2008 | See Source »

...members, SAG is the nation's largest actor's union, ahead of the 70,000 strong American Federation of Television and Radio Artists (AFTRA). The current leadership's concern over digital media residuals is a valid one, though many A-list SAG members question the timing of holding a strike now, during a recession. Actress Rhea Perlman and husband Danny DeVito recently wrote a letter imploring the union to achieve a settlement with the studios rather than strike: the letter was seconded by such box-office draws as Tom Hanks, George Clooney, Cameron Diaz, Matt Damon, and Morgan Freeman...

Author: /time Magazine | Title: The Screen Actors Guild | 12/18/2008 | See Source »

...encourage debate over the policy, rather than indicate an endorsement of it. At Harvard, meanwhile, where students can participate in the ROTC program at neighboring MIT, the undergraduate council in April passed a bill - jointly presented by the college Republicans and Democrats - called "Supporting ROTC," urging the school to list ROTC courses on students' transcripts and say that it "is proud of [students'] service to the nation" in its official description of ROTC. But nowhere is the debate more pronounced than at left-leaning Columbia University. Ever since September, when both Presidential candidates came to the Manhattan campus and voiced...

Author: /time Magazine | Title: Why the Ivy League Is Rethinking ROTC | 12/18/2008 | See Source »

...disorder. After all, he frequently goes up against government offices with conviction rates well above 90%, and he rarely negotiates plea agreements. Even if he loses, however, Genson will call it a win if the sentence is less than the government was seeking, if some of the often long list of counts are dismissed, or even if he gets the right prison for his client...

Author: /time Magazine | Title: Blagojevich's Lawyer: Taking the 'Unwinnable' Cases | 12/18/2008 | See Source »

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