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...Bank stock bulls rest much of their case on the fact the write-offs at financial firms are slowing and the Fed is putting enough money into the credit system to restart the normal cycle of borrowing and lending. That may well be true. Those pushing bank stocks as a great investment would also say that, even though a stock like Citigroup (C) has had a great run, it is down 90% from its 52-week high. That makes it a bargain...

Author: /time Magazine | Title: Commercial Real Estate: The Banks' Next Big Problem | 3/20/2009 | See Source »

...interview earlier this year, Dean of the College Evelynn M. Hammonds said that she envisioned that January programs would either allow students to explore interests they could not during normal academic terms or help them build non-academic skills. Hammonds said the College aims to announce plans for the period by the end of the academic year. Yet a year after Dean of Undergraduate Education Jay M. Harris and the UC first discussed possible J-Term classes during a UC meeting, the College has yet to decide which opportunities students will have next January...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Administration Has Few Answers to J-Term Questions | 3/20/2009 | See Source »

...recap of an episode of Desperate Housewives, promising to finally “scratch the shiny surface [of suburbia].” This topic may seem trite at worst and overworked at best, but Boice determinedly takes a stab at originality in examining the suicide of a seemingly-normal 17-year-old boy, and the context around that event, in excruciating detail.Within the first five pages, Boice has already delivered something more gruesome than banal. Grayson Donald has hanged himself from a basketball hoop: “His lunch has already made its way through the intestine and colon...

Author: By Lauren S. Packard, CONTRIBUTING WRITER | Title: Macabre, Mundane Merge | 3/20/2009 | See Source »

...budget for fiscal year 2010, which will begin on July 1. The Institute’s endowment and budget are both contained within the Harvard Kennedy School. The proposals were drafted after the Kennedy School requested each of its divisions to submit three budgeting options, including one normal budget with no raises for faculty or staff members and contingency plans for five and ten percent reductions. “We don’t know currently how long or how deep the economic crisis will run,” said Melodie L. Jackson, associate dean for communications and public affairs...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: IOP Proposes Budget Cuts | 3/19/2009 | See Source »

...offices remained shuttered. By midday on Thursday, 60% of France's high-speed TGV trains were still operating and 45% of regional rail service was functioning. Air France maintained 70% of its short- and medium-haul flights in and out of Paris' two airports, and long-haul service was normal. And while several provincial cities such as Lyon experienced considerable disruption of public transport, movement in Paris was near normal, with the exception of reduced service on a few suburban commuter lines. (See pictures of protests on the Spanish-French border...

Author: /time Magazine | Title: The Protests in France Get Personal | 3/19/2009 | See Source »

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