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...year since the crisis, a number of academics have pretty much refuted nearly every one of those early explanations as being too specific. Some economists have even questioned whether there was a credit crunch. Economic professor René Stulz of Ohio State University, for one, has written papers trying to clear Wall Street pay and credit-default swaps of any blame. Despite recent apologies, Goldman Sachs executives, too, say that they are no more to blame than anyone else in the financial markets. (See high-end homes that won't sell...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...troops, Germany also provides the third largest contingent of forces in the theater, after the U.S. and Britain. In December the German parliament voted to extend the deployment in Afghanistan for another year, and the European allies - as U.S. Defense Secretary Robert Gates has acknowledged - have reduced the number of so-called caveats that limit when troops may be deployed in combat. (Most German troops, for example, have been based in the north of the country, which has been relatively safer than the south. As of mid-December, 36 German troops had died in Afghanistan in 2009, compared with...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

...With a number of injuries making the success of Harvard wrestling uncertain, the squad emerged from its first weekend of dual meets to prove one thing—the Crimson will not go down without a fight. Harvard (1-1-1) split its slate of contests, topping Franklin & Marshall, 29-15, and falling to Rutgers, 29-14, on Friday before tying Hofstra, 20-20, yesterday...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Grapplers Split First Dual Competitions | 1/10/2010 | See Source »

...energy that Weiss observed on the mat in Saturday’s contest against the Pride will prove crucial for the Crimson as the dual season unfolds, given the number of sidelined grapplers. Harvard bounced back from its loss to Rutgers by winning four of the eight bouts contested at the Mack Sports Complex, but with heavyweight Spencer DeSena out due to a skin infection, the Crimson forfeited the final matchup and settled...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Grapplers Split First Dual Competitions | 1/10/2010 | See Source »

Nonetheless, Weiss pointed to a number of strong efforts that bode well for his small squad. In addition to the sustained excellence of Harvard’s co-captains, rookie Steven Keith (125) completed an undefeated weekend despite moving up a weight class. The freshman earned a 12-2 major decision at 133 lbs. over Jeff Rotella...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Grapplers Split First Dual Competitions | 1/10/2010 | See Source »

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