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...major deals on successive days show that Japan's banks have not only repaired their balance sheets over past 10 years, they're not shy about taking advantage of the current weakness of their American competitors in a fight for international market share. On Sept. 22, Mitsubishi UFJ Financial Group (MUFG), Japan's largest bank, announced plans to pay up to $9 billion for a 10% to 20% stake in Morgan Stanley, one of two major U.S. investment banks left standing. The announcement capped a frantic few days during which Morgan Stanley CEO John Mack sought a saving dose...

Author: /time Magazine | Title: Japan to the Rescue of Ailing US Firms | 9/23/2008 | See Source »

...achievements. Sasol technology is being used in several countries around the world because it is the most advanced. Sasol gasoline and diesel has never been produced in sufficient quantity to prop up any government. Contrary to Perry's comments, CTL and GTL fuels are likely to play a major role in the future. This is why so many different countries are commissioning plants to produce them. Why didn't Perry look a little deeper into what Sasol is doing to reduce its carbon footprint instead of just bad-mouthing its efforts? It is public knowledge that Sasol is devoting considerable...

Author: /time Magazine | Title: Introducing Sarah Palin | 9/22/2008 | See Source »

...Harvard sailing team found itself thinly stretched over the waters of New England last weekend, participating in three major regattas...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Finds Smooth Sailing in New England Waters | 9/22/2008 | See Source »

...We’re very, very excited by how well Emily and Annie sailed together,” Watson said. “The Charleston girl that they beat was an All-American. It was their first major college regatta and they surpassed all of our expectations...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Harvard Finds Smooth Sailing in New England Waters | 9/22/2008 | See Source »

...only do these new “tap” cards eliminate the cumbersome process of swiping, but they bring Harvard up to date with modern security and forgery-protection present at most of our peer institutions. While these long overdue changes are quite admirable and long overdue, one major concern remains: sensitivity. Excitement surely captured us when we first felt the thicker, stiffer, more robust cards in our eager hands. We assumed that, armed with this new technology, we would only have to touch our hips, gently, to that magical spot in order to secure a smooth entry...

Author: By The Crimson Staff | Title: Tap That | 9/22/2008 | See Source »

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