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...overheating in the U.S. housing market, which ultimately resulted in the current financial crisis. The panelists addressed questions from the audience about how this credit crunch would affect the global financial system. “We will certainly see a fundamental shift,” said David A. Moss, a professor of business administration at the Business School. “The implications of the bailout are much larger than dollar value.” The real question is what American taxpayers want the government to do, he added. “By allowing this bailout to go forward...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Harvard Professors Address Finance Fears | 9/24/2008 | See Source »

After the bustle of the theme parks, take a person you'd like to kiss to Leu Gardens ($7), a 50-acre (20 hectare) botanical garden in downtown Orlando. Make your way back to the Reba Tennessee Varnes bench and sit under the Spanish moss that hangs from a weeping Chinese elm. This must be the most romantic spot in Florida. Not far away is the Orlando Museum of Art ($8), which focuses on works by Americans. Don't miss Dennis Oppenheim's majestically disturbing 1996 installation Products from the Snowman Factory, a collection of faceless fiberglass snowmen leaning...

Author: /time Magazine | Title: Orlando for Grownups | 8/21/2008 | See Source »

...escape, after learning that Don was cheating and--a more intimate betrayal--secretly getting reports from her psychiatrist on her therapy sessions. (She used a session on the couch to relay a message to Don that she knew about his skirt-chasing.) His former secretary, Peggy (Elisabeth Moss), is climbing the ladder as a rare female copywriter at Sterling Cooper, but at the cost of having given away her out-of-wedlock baby. The daddy, Pete (Vincent Kartheiser)--a weaselly rich boy who tried to blackmail Don into promoting him after learning the truth about his past--is suffering...

Author: /time Magazine | Title: Mad Men on a New Frontier | 7/24/2008 | See Source »

...meantime, farmers are scrambling to find water anywhere they can. Some are cleaning the moss out of old wells, or drilling new ones. Others are bargaining with neighbors to give up on "road crops" such as tomatoes and sell their water to desperate owners of permanent crops like almond trees and grape vines. Most are bracing for the worst: "I'm sweating it," says almond farmer Blackburn. "I've never been down this road before, but we're going to take a hit financially. If this drought continues, we'll lose...

Author: /time Magazine | Title: Farmers vs. Fish Amid the California Drought | 6/12/2008 | See Source »

...which the candidate repeatedly referred to Wright as his "former pastor." Then came Wright's fiery April 28 speech and haughty question-and-answer session at the National Press Club, in Washington. The next day, Obama denounced his "former pastor" outright. Attempting to quell the anxiety at Trinity, Moss wrote a "Declaration of Interdependence," which began: "We pray for our pastor. We pray for our member, who is a public servant.... We, the community of Trinity, are concerned, hurt, shocked, dismayed, frustrated, fearful and heartbroken." Now, without Obama in the church, Moss must deal with the formidable figure of Jeremiah...

Author: /time Magazine | Title: The Unretirement of Reverend Wright | 6/4/2008 | See Source »

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