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...dead meat in about five days. Federal Reserve Chairman Ben Bernanke, desperate to avoid a sudden collapse that might cause a full-fledged market panic, invoked a little-known 1930s legal provision to engineer a Sunday fire sale of Bear Stearns to banking giant JPMorgan Chase for a mere $2 a share. (Bear's stock price was $57 a week before, $171.51 in early...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

...about the combined woes afflicting the economy: the credit crunch, the subprime mortgage crisis, the housing slump. Things are bad out there, especially when the Federal Reserve has to intervene and rescue the financial markets from chaos, helping JPMorgan Chase buy collapsing investment bank Bear Sterns for a mere $2 a share. But even in the toughest times, some businesses and banks come...

Author: /time Magazine | Title: Retail Stars of the Recession | 3/18/2008 | See Source »

...criminality of this regime was shrunk down to a mere atrocity involving 142 people,” Makiya said...

Author: By Lois E. Beckett, CRIMSON STAFF WRITER | Title: ‘A War Over Memory’: Reconstructing a Nation’s Identity | 3/18/2008 | See Source »

...enough time to quit before their jobs will effectively force them to. Moreover, HMS will be providing support to its smoking staff and students in the form of smoking cessation programs. Such programs reiterate the Med School’s emphasis on long-term healthy habits, rather than a mere attempt to cleanse its campus of toxic smoke. HMS is not the first of the schools of Harvard University to ban smoking from its grounds; the Harvard School of Public Health and Harvard School of Dental Medicine have already put in place similar regulations, so the question could be asked...

Author: By The Crimson Staff | Title: Kicking the Habit | 3/17/2008 | See Source »

...It’s the reason our classes make us write papers. The mere specter of a skeptical reader forces us to translate our inchoate thoughts into clear, convincing language. Margin notes, for those who live in fear of posterity’s judgments, are just papers writ small...

Author: By Charlie E. Riggs | Title: Margin of Error | 3/14/2008 | See Source »

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