Word: news
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...banking firm Lehman Brothers filed for bankruptcy protection after the Federal Reserve and the Treasury Department pointedly refused to bail the company out, and no other Wall Street outfit was willing to step into the breach. It was the largest bankruptcy ever in the U.S., but the really big news was what happened afterward. First came a financial panic that threatened to shatter the global capitalist order, then came an unprecedented, and unprecedentedly expensive, effort by governments on both sides of the Atlantic to patch things...
...already knew all this, of course. It happened just last year, and in recent days the news media have engaged in an orgy of commemoration and explanation of the Lehman collapse and its aftermath. So here's the $64 trillion question: What, if anything, have we learned from the experience? (See the top 10 financial collapses...
...Heinz, the point of the awards isn't just handing out money - although a six-figure check goes a long way in the weakly compensated world of environmental science and activism. Rather, she wants us to see those winners as role models at a time when news of the environment can seem unremittingly dark. "This is a message of hope," says Heinz. "I want this to push people into action...
Budget cuts have swept through campus faster than news of a party during Freshman Week. But apparently the administration didn’t make it to the end of “Confessions of a Shopaholic,” because they’ve still done a lot of spending on stuff nobody really needs or cares about. FM presents some of the areas where Harvard is still losing money like a trip to the COOP. 15) The Polynesian dancers at the recent Aloha Harvard event. Although apparently we didn’t pay them enough to do the hula...
...Surely, this is a truly novel notion. That an apology—an apology that was accepted, moreover—is not the equivalent of saying “sorry” must certainly be news to most...