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...Meanwhile Canada's major banks, which reported results for fiscal 2008 this month, continue to struggle with write-downs as a result of exposure to U.S. credit and equity markets. CIBC reported a loss of C$2.1 billion on the year, against net income of C$3.3 billion in 2007. The country's fifth-biggest bank blamed write downs to its U.S. subprime portfolio for the huge loss...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...Defensively, junior Cori Bassett leads a defensive unit that has only allowed 0.8 points per game. Kessler has a .923 save percentage in the net...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Crimson Faces Big Green Road Test | 12/15/2008 | See Source »

...alternative forms of exchange more viable, as databases can keep account of credits. In the rarefied world of monetary theory, think tanks are abuzz with ideas about future forms of money. One visionary, Jean-Francois Noubel, co-founder of AOL-France, foresees "millions of free currencies circulating on the Net and through our cell phones" as money follows the distribution path that media have over the past decade. Bernard Lietaer, a Belgian economist and author who helped develop the euro, has proposed the Terra, a transnational currency backed by established commodities that would coexist with conventional notes, the monetary equivalent...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

...took the puck, stole it from one of the players, and it was a 2-on-1,” Vaillancourt said. “I carried the puck and made a move on the defense and passed it to Wilson and she redirected it right away into the net.” Harvard came into the second period firing, netting a goal at 2:21 on a power play. Assisted by sophomore Liza Ryabkina and Vaillancourt, Buesser earned the goal that put Harvard ahead. “There was kind of a scrum in the corner, a battle...

Author: By Alexandra E. Zimbler, CRIMSON STAFF WRITER | Title: Losing Streak Drops Crimson Under .500 | 12/14/2008 | See Source »

...half with three consecutive buckets, two off of assists from Tay, who would go on to post an entertaining run of her own. With the score at 48-28, the senior dropped eight points in five minutes, adding a one-handed floater after a quick crossover under the net with about five minutes to play and a pull-up jumper to bring the score to 54-30. Tay entered the record books with a spectacular wraparound shot, all while switching hands in mid-air to become the 13th player in the program’s history to reach the historic...

Author: By Evan Kendall, CRIMSON STAFF WRITER | Title: Senior Reaches Historic Mark in Big Blowout | 12/14/2008 | See Source »

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