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...appears that Paulson and Bernanke believed that a failure at Merrill could have been an event worse than the banking catastrophes of the 1930s. This will remain an unanswered question. Would the common equity value of America's largest financial firms have gone to zero in a matter of days if Merrill had gone bankrupt? Would bondholders have suffered huge losses? Would the trouble have spread to even the healthiest financial firms...

Author: /time Magazine | Title: The Waterboarding Of Ken Lewis | 4/24/2009 | See Source »

...projects that Harvard is currently considering cutting or delaying–like housing renovations and Allston development–will have tangible detrimental effects on the quality of the education it provides. No matter how we spin it, slower Allston construction means less science research in the medium term. It also means fewer students enrolled and less academic expansion into other fields. Tweaked House renovation plans mean slow progress in improving undergraduate education, no expansion of social spaces, and less overall satisfaction. Perhaps most importantly, department cuts not only affect the quality of the catering at faculty meetings but also...

Author: By Pierpaolo Barbieri | Title: A Time to Spend | 4/24/2009 | See Source »

...finds. Several thousand posters, lithographs, and engravings, for example, were rediscovered in the photograph collection. Originally stored in Widener, these materials were moved to the Fine Arts Library not because they were necessarily artworks but simply because it was the only library that stored flat materials. Their subject matter ranges from politics to health and hygiene and are from a wide range of time periods. Recent finds also include a copy of the architectural plans for Grand Central Station, a photograph of a scoreboard from a World Series game with Babe Ruth’s name on it, and autochromes...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Fine Arts Library Collection ios Relocated | 4/24/2009 | See Source »

...Sprints in two weeks, where the Crimson will face the Bulldogs and Tigers once again, and therefore the last chance for Harvard to test itself under race conditions. “The championships are the top priority,” Overington said. “We know that no matter what, Princeton and Yale are going to be fast at Sprints, and ultimately the winner in two weeks is the Ivy League champion. This is a good preview for some of the top boats at Sprints and it’s a good opportunity to test ourselves...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: Men’s Crew Prepares To Sink Rivals | 4/23/2009 | See Source »

...Last night’s match against the Patriots marked the first time the Crimson has appeared in the postseason since 2005. In a matter of just one year, Baise has turned a struggling Crimson volleyball program into a rising power in its division, capturing a share of the EIVA Hay title along...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Volleyball Ends Season With Loss to George Mason | 4/23/2009 | See Source »

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