Word: noted
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...positive take, if you can call it that, is that we're in a "rolling recession," as Kurt Karl, chief U.S. economist at insurer Swiss Re, said in a note to clients. "First the housing market tanked, then consumer spending plummeted, now business investment is nose-diving." Hey, at least it didn't all happen at once! Peter Morici, an economist at the University of Maryland's Smith School of Business, offered a gloomy scenario: "Lacking confidence that the demand for what Americans make and sell will recover significantly anytime soon, businesses are girding for a long siege - slashing employment...
...doing anything different now from what it has always done under the leadership of either [Chairman Max] Baucus or me," ranking Republican Chuck Grassley of Iowa said recently. "We are vetting nominees for the current Administration the same way we vetted nominees for the previous Administration." Finance Committee staffers note, for instance, that Paul O'Neill, who was George W. Bush's first Treasury Secretary, had to pay $92 in back taxes when the Finance Committee noticed that he hadn't reported gifts he had given a part-time housekeeper. (See George W. Bush's biggest economic mistakes...
...original version of this story failed to note that John Paul MacDuffie is co-director of the International Motor Vehicle Program at the Wharton School of the University of Pennsylvania...
...studies like this establish only an association, not a cause; fertility doctors note that infertility itself is associated with elevated risks of uterine cancer. "It's hard to say if the cancer was caused by the disease, the treatment of the disease or some combination of the two," says Elizabeth Ginsburg, a fertility doctor and president of the Society for Assisted Reproductive Technology...
...that note we’d like to leave you with one reason why you should be happy you were admitted to Harvard...