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...Treasury also said it would allow smaller investment managers to have a chance to participate in the program, probably in the hope that a wider net will catch more fish. But, when the local community bank in Akron, Ohio is allowed to get federal money to buy toxic assets from Bank of America (BAC), it does not look good...

Author: /time Magazine | Title: Banks are Worth What Their Stock Prices Say They're Worth | 4/7/2009 | See Source »

...innovations is the Palo Alto-based Downtown Streets Team, created to address local business owners’ concerns over both homelessness and cleanliness in their city...

Author: By Emma M. Benintende, CONTRIBUTING WRITER | Title: HKS Picks 50 Best New Ideas | 4/6/2009 | See Source »

...thirty—somewhat disappointing, but will continue to roll out promotions.Eric C. Chen ’11 is a b.good follower who was already a customer when he discovered the chain’s account. “I like the fact that this is a local restaurant trying to reach out to us,” he said, adding that he would check out future promotions.Oggi’s Welch has also run promotions, but out of 180 followers, only two came in over the course of a two-hour slot to claim their free slice...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Square Shops Embrace Twitter | 4/6/2009 | See Source »

...anonymous donor from Lincoln Sudbury agreed to match two dollars for each dollar students from the high school raised up to $10,000, a gift organizers called “key” to the walk’s success. Over twenty churches, Young Haitians United, members of the local community, and more than a dozen schools participated. “Even if the economy tanks, whatever we contribute, it’s something they didn’t have. And it makes a big different in Haiti,” Fritsche said. Next year’s walk...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Walk Raises $40K For Housing in Haiti | 4/6/2009 | See Source »

...worst earthquake in nearly three decades struck early Monday in the central region of Abruzzo, killing at least 207 people and leaving tens of thousands homeless. As the death toll from the predawn quake rose throughout the day, the tragedy took a bitter twist as it emerged that a local seismologist had predicted a major tremor...

Author: /time Magazine | Title: Italy's Earthquake: Could Tragedy Have Been Avoided? | 4/6/2009 | See Source »

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