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...rewrote financial regulation in 1997, Gordon Brown took away the Bank of England's power to call time on the build-up of debt," Conservative Shadow Chancellor George Osborne tells Time in a rare frontal attack. "The result is that we now have the most personal debt of any major economy ever...

Author: /time Magazine | Title: Flash Gordon Brown | 10/15/2008 | See Source »

Residents of the county don't have to look far for the reason why. The outskirts of towns like Alameda de la Sagra are dotted with partially built developments where construction has been halted for months. The bursting of Spain's real estate bubble sent several major developers into bankruptcy, and halted new home construction across the country. The number of houses built in 2008 is expected to fall by 70% from 2007. That's also fueling unemployment, which jumped by almost a third in September to reach 11.3%, Spain's highest rate since...

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

...Citigroup lost its bid to merge with faltering bank Wachovia to Wells Fargo last week. The company will be one of the nine major banks to receive an injection of federal funds as part of the Bush administration’s $250-billion plan to rescue frozen credit markets...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Citibank Cuts Loan Program For Harvard Grad Students | 10/15/2008 | See Source »

...Harvard coach Ray Leone said. “[The players] are starting to learn each other: [their] strengths and tendencies. It’s taken a long time to make that happen.” Harvard has now scored three or more goals in three straight games, a major feat considering the squad did not score more than twice in any of its first nine contests. Against Maine, Harvard got on the board quickly, scoring in the third minute. The play started with a precise through ball to sophomore Katherine Sheeleigh, who raced towards the goal and then slotted...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Harvard Continues Winning Streak | 10/15/2008 | See Source »

Dershowitz also said he hopes his book will stimulate informed discussions about Israel. He said he plans to donate copies of the book to several major colleges to ensure its availability for students...

Author: By Niha S Jain, CONTRIBUTING WRITER | Title: Dershowitz Takes Aims At ‘Israel’s Enemies’ | 10/15/2008 | See Source »

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