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Many of the nation's largest lenders, including Citigroup and JPMorgan Chase, have meager interest in converting homes into rentals. "We're in the lending business," says Chase spokesman Tom Kelly. "We're not really equipped to be landlords." Lenders are sitting on nearly half a million repossessed houses nationwide, but getting rid of them quickly, even if that means taking a hit on price, seems to be the preferred response. A recent presentation by the head of Chase's retail-financial-services division showed that the company's servicing portfolio went from having about 52,000 repossessed homes...

Author: /time Magazine | Title: Renting Your House Back: A Solution to Foreclosures? | 11/12/2009 | See Source »

Well, you might want to calm down. Richard J. Pollack, a research associate with the Harvard School of Public Health, says that head lice (Pediculus capitis) just aren't that big of a deal. And your elementary school principal, well he is probably among the ranks of school administrators nation-wide who overreact about these harmless creatures...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: Got Lice? Who cares! | 11/12/2009 | See Source »

...We’re obviously playing one of the best teams in the nation, and it’s going to be a monumental challenge for our team,” Harvard coach Ray Leone said, “but we’re looking forward to that...

Author: By Madeleine Smith, CRIMSON STAFF WRITER | Title: Eagles Loom Large in Tourney Matchup | 11/12/2009 | See Source »

...massive blackout that plunged huge swaths of Brazil into darkness - as well as the whole of Paraguay - underscores the challenges facing South America's biggest nation as it prepares to modernize its infrastructure in time for the World Cup in 2014 and the Olympic Games in Rio two years after...

Author: /time Magazine | Title: Brazil Blackout Raises More Questions for the Olympics | 11/11/2009 | See Source »

...grinding to a halt and blank traffic lights causing road chaos. People got stuck in elevators. Universities sent students home. Bars and restaurants couldn't serve food and drink. The water supply was affected in some areas, and cell-phone calls weren't going through. Furthermore, Brazil is a nation where high crime rates have bred fear and suspicion, and so huge numbers of people stayed home, keeping their distance from the sinister, unlit streets. (Read about Rio's crime problem and the Olympics...

Author: /time Magazine | Title: Brazil Blackout Raises More Questions for the Olympics | 11/11/2009 | See Source »

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