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...spending proposal that never got off the ground. Almost as quickly as the U.S. House of Representatives could add $330 million to the budget to bolster the government's luxury-jet fleet, public outcry prompted House leaders to strip the four proposed new aircraft from next year's defense-spending bill...

Author: /time Magazine | Title: Spotlight: Congressional Aircraft | 8/24/2009 | See Source »

...take advantage of rebates paid by exchanges to those who create liquidity (that is, offer to buy or sell stock at a certain price and assume the market risk). Not surprisingly, the exchanges cater to these firms - with flash orders and "co-location" arrangements that put traders' computers right next to their own, giving the firms a profitable millisecond-or-so edge in trade execution...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

...Chamber of Commerce, remembers how former President Bill Clinton's summers on the island gave a "tremendous boost" to the local economy and helped "turn the tide" on the island's real estate market in the early 1990s. She hopes Obama will be a regular visitor "for the next seven years...

Author: /time Magazine | Title: Postcard from Oak Bluffs | 8/24/2009 | See Source »

Cabot House: 1. Spacious Quad house featuring large suites and abundant singles. 2. Conveniently located next to an elementary school full of screaming kids...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Dictionary of Harvardisms | 8/24/2009 | See Source »

Harvard University Dining Services (HUDS): 1. Make friends with them early—you’ll be at their mercy for the next four years. 2. A motley crew of dining hall workers who are generally very friendly...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Dictionary of Harvardisms | 8/24/2009 | See Source »

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