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...Administration's new plan to keep people in their homes by reducing what they have to pay for their mortgages each month actually has a similar effect on "ownership" although that may not be apparent at first. (See pictures of renting a modernist home...

Author: /time Magazine | Title: Americans Become A Nation of Renters | 2/17/2009 | See Source »

...With cellular growth slowing and landline business shrinking Verizon (VZ) has come up with a novel idea - $5 a month landline service. According to The Wall Street Journal, "Verizon believes the plan could help slow the rate of landline customers cutting the cord, so to speak. The company lost 3.7 million access lines, or 9.3% of its base, in 2008." The phone will take incoming calls and limited calls out. People will have to pay for additional telephoning at a modest price. Of course, smart people may use their cell to call out and take calls on their landline...

Author: /time Magazine | Title: The Rise Of The $5 Phone | 2/17/2009 | See Source »

...Last month, Obie guessed that his Ponzi caseload would hit about one per month, but he later increased that prediction to two a month. With six such cases in the first 45 days of the year, it looks to be an easy target...

Author: /time Magazine | Title: SEC Charges Allen Stanford with Multibillion-Dollar CD Fraud | 2/17/2009 | See Source »

...distrust of government spending as an effective way to counter the recession has been echoed by colleagues such as Economics Professor N. Gregory Mankiw and Martin S. Feldstein ’61, who recently detailed his criticisms in an op-ed in the Washington Post last month entitled, “An $800 Billion Mistake...

Author: By Linda M. Lian, CONTRIBUTING WRITER | Title: Economics Profs. Split on Stimulus | 2/17/2009 | See Source »

...Harvard Law Review, one of the nation’s most prestigious legal journals, elected second-year law student Joanna N. Huey ’06 as its 123rd president earlier this month. Huey was chosen in a closed process from a pool of self-nominated candidates that traditionally includes some of the Law School’s top students. Speaking with The Crimson in the Law Review’s Gannett House headquarters, Huey said she hoped to maintain the journal’s standards of scholarship. “My main goal is to keep doing what...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Huey Elected Head of Harvard Law Review | 2/17/2009 | See Source »

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