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...expect. There's far less consensus among economists about the first quarter than about the one we're in now. Some (Merrill Lynch's David Rosenberg is an example) think it will be even worse than the current quarter. Others (the majority) think it will be better. But none of that means very much, given that economists are close to hopeless at predicting that far into the future in times as tumultuous as these. It's the performance of the economy next year that will determine whether this is a deep-but-manageable recession - worse than those...
...each man looks around, eyes wide with fear, shivering from the cold. One of the Greek sailors, who wears plastic gloves and a headlamp, speaks to the men in broken English. "Where you from?" he asks. Eventually, one softly responds. "Afghanistan," he says, and the others repeat the word. None have identity documents. It's past 1 a.m., and the coast-guard captain estimates the raft left the Turkish coast four hours earlier. The men have rowed more than halfway across the strait, a few hundred yards into Greek territorial waters. They've made it into Europe alive. Five minutes...
...most anticipated traditions has been overcast by the cloud of bureaucracy that continually chokes Harvard social life: namely, the lack of communication and collaboration among House staff, the Student Life and Activities Office (SLAO), and students. The tailgate restrictions have already put a damper on the weekend, and none of the 12 Houses is permitting dining hall parties this weekend, perhaps due to overcrowding concerns. Furthermore, the decisions that have prevented student groups from hosting parties are but a sample of the misguided policies that have steadily corroded Harvard social life in recent years. These policies make it incredibly difficult...
...Among the roommates we had a joke that he might get involved in the sports franchises in Texas,” Driscoll said. “But none of us expected it would happen as early...
...While there are no stipulations on the specifics of the business plans, it's no secret that Republicans on the Hill and many industry observers believe the Big Three desperately need a change of leadership. So far, though, none of the companies have given any indication that they are willing to clean house at the top in order to curry favor with Washington. If they don't get enough votes to pass the bailout package, that refusal to put someone different at the wheel may prove to be a very costly miscalculation...