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...year from the University of Notre Dame to the New School for Social Research in New York City, she has railed for years against the decline of the traditional pension. She recently wrote a book subtitled The Plot Against Pensions and the Plan to Save Them; the less contentious main title is When I'm Sixty-Four...

Author: /time Magazine | Title: Should the 401k Be Killed? | 12/4/2008 | See Source »

...which oversees the common currency in the 15-nation Euro zone, slashed its main lending rate three quarters of a percentage point to 2.5%, following two half percentage point cuts in October. Since credit markets are all but locked up in the wake of the collapse of Lehman Brothers in September, the ECB has ratcheted down its main lending rate by a total of 1.75 percentage points. (Read " Will Europe's Bank Bailout Plan Really Work...

Author: /time Magazine | Title: Is Europe's Central Bank Missing the Crisis? | 12/4/2008 | See Source »

...fiscal year ending in June 2009. At the same time, current estimates call for the Faculty of Arts and Sciences (FAS) to make next year’s budget about $200 million thinner. In other words, add Mass. Ave. to the cliché about Wall Street and Main Street. Faust’s original letter sounded hopeful yet sober, and we feel the same. For all our complaints and cynicism, universities are in the business of helping people through constant growth—whether it be the creation of new student spaces, money for research, or job creation for community...

Author: By The Crimson Staff | Title: Ask Not | 12/3/2008 | See Source »

...week after 10 terrorists stunned Mumbai, tens of thousands of the city's residents descended on the main site of the attacks. They crowded the streets around the Gateway of India, the landmark arch the faces the historic Taj Mahal hotel, where gunmen had holed themselves up for three days. Amid the press of bodies were a few scattered pockets of space and light - either candle-lit shrines left by the public in vigil or camera crews surrounded by the vocal and vociferous crowd. They called for an inchoate assortment of things: the heads of bungling politicians...

Author: /time Magazine | Title: A Rally in Mumbai: "Remember 26-11!" | 12/3/2008 | See Source »

...thrown into further turmoil Tuesday when the Constitutional Court dissolved the ruling People Power Party (PPP) and two of its coalition partners for electoral fraud. As the verdict was read that the government leadership, including the current prime minister, would step down, anti-government protesters occupying Bangkok's two main airports erupted into cheers and waived Thai flags. Red-shirted government supporters, who had gathered outside the court building to try and prevent the proceedings, dismissed the decision as a judicial coup d'etat...

Author: /time Magazine | Title: Thai Government Dissolved: Airports to Reopen? | 12/2/2008 | See Source »

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