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...owner of the property itself is apparently happy for the painting to remain in place so Westminster council has now sought consultation with local residents in order to prove the painting is having a detrimental affect on the area...

Author: /time Magazine | Title: Statement Issued from Banksy's Spokesperson, Jo Brooks | 10/29/2008 | See Source »

...three main banks, Glitnir, Landsbanki, and Kaupthing, all of which grew at impressive rates following their deregulation in 2000. Much of the borrowing for these banks and Icelandic society more generally came from the continent, where rates were especially low. The money would then be converted into the local currency, the krona, and invested for a higher return in real estate and business both in and beyond Iceland. The result is what economists call “carry trade”—currency arbitrage and speculative investment highly susceptible to liquidity crises. Whereas banking sector assets accounted...

Author: By Pierpaolo Barbieri | Title: Gone With the (Arctic) Wind | 10/29/2008 | See Source »

Harvard T-shirt: Check! Harvard cap: Check! Harvard thong…check? If you’re sick of digging deep into your wallet for overpriced Harvard gear at the Coop, then have no fear! Your local Victoria’s Secret store is now offering slightly cuter, slightly pricier, and much tinier apparel to complete your collection. As much as I support the fine institution that I am lucky enough to call my school, I am also proud to have spent a total of zero dineros on Harvard paraphernalia. I already know what my school is, so why drop...

Author: By Julia S Chen, CONTRIBUTING WRITER | Title: Hate it: Victoria's Secret Thongs | 10/29/2008 | See Source »

...course, I don’t think I did explain how fiction works,” Harvard professor James Wood told an overflowing room of Cambridge locals, students, and fans at the Harvard Bookstore last night, while discussing his latest book “How Fiction Works.” “In my defense, I did not want the book to be called ‘How Fiction Works,’” Wood, who is also a literary critic for The New Yorker, joked. In fact, Wood’s intended title for the book?...

Author: By Teresa M. Cotsirilos, CONTRIBUTING WRITER | Title: James Wood Explains 'How Fiction Works' | 10/29/2008 | See Source »

...from dog bowls to bottle openers. I like to think of it as some positive rebranding; if Victoria’s Secret could turn Tyra and Giselle into stars, it can certainly up Harvard’s cool quotient. The one downside? These Harvard items are only available at local stores. Whereas nearly every other school’s clothing can be purchased online, you have to be from the area—or a serious Harvard devotee—to get your hands on any Harvard merch. Harvard—making people work to wear its underwear since...

Author: By Lindsay P. Tanne, CRIMSON STAFF WRITER | Title: Love it: Victoria Secret Thongs | 10/29/2008 | See Source »

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