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...Because all of these countries are growing more robustly than the U.S., their interest rates are higher, thus creating a short-term opportunity for traders. Here's how it works with a currency like the Indonesian rupiah: the six-month London Interbank Offer Rate (or LIBOR, the benchmark for U.S. dollar borrowing), is now hovering at slightly less than 1%. That rock-bottom rate stands in stark contrast to the 6.5-7% rate of interest one can get from a short-term money market bill in Indonesia, where the 5-year government bond currently yields roughly 9%. The wide...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...next fall, the job hunt began in earnest. Murray landed three interviews in Washington and three summer job offers that would likely result in a full time offer...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Tough Times For Harvard Lawyers | 9/30/2009 | See Source »

...Senate Finance Committee health-reform bill released Sept. 16. One idea: apologize. Studies show that when doctors tell patients they erred and are sorry, litigation is much less likely. (Such admissions of guilt are typically inadmissible in court.) Since launching a program in which doctors admit errors and offer payments out of court, the University of Michigan Health System has cut claims in half...

Author: /time Magazine | Title: Spotlight: Malpractice Reform | 9/28/2009 | See Source »

...good news - at least from a city-planning point of view - is that McMansions are ready-made to be broken into tinier living spaces. Each bedroom typically has its own bathroom, voluminous basements often offer a second kitchen, and garages comfortably fit three or four cars. See pictures of Americans at home...

Author: /time Magazine | Title: Reinventing the McMansion | 9/28/2009 | See Source »

...remedy this. The site makes it very easy for users to contribute, as it is well-designed and simple to use. Ideas can be posted anonymously, and viewers can then rate each idea on a 1-to-5 star scale. Users can even comment on posted ideas and offer their feedback...

Author: By The Crimson Staff | Title: Money in the Bank | 9/28/2009 | See Source »

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