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...what should you do now? Nothing, right? Okay, maybe there are a few small things. For starters, look at the yield on your money market fund and compare it to the sector. Naturally, you want the highest return on your money. Except that maybe you don't. Higher yields usually mean riskier investments - more commercial paper, say, as opposed to Treasuries. Last Friday, before the Lehman implosion, Reserve Primary Fund was the second highest-yielding fund of the 100 largest tracked by Crane Data. For months before that, it was in the No. 1 slot. "You want to act like...

Author: /time Magazine | Title: Feds Back Money Markets: Is Your Fund Safe? | 9/19/2008 | See Source »

...what I had hoped might be one of the few true lovefests still in existence. The chance presented itself this summer. My boyfriend and I packed into the only vehicle available: a white Chevy Suburban, hulking and armed with enough gasoline to cause the next tragic oil spill. Okay, we thought, we would be the most eco-unfriendly people there and would probably make very little friends with our huge SUV, but we would rest well on the air mattress that fit in the back.We were traversing the great forests and farms of the American Heartland! We were wild...

Author: By Beryl C.D. Lipton, CRIMSON STAFF WRITER | Title: Bonnaroo: You Ain't No Woodstock | 9/18/2008 | See Source »

...professional kitchen before?” the manager of the hotel asked when the cooks left the table. I shook my head. “Baptized by fire then. Literally. Ha! Well don’t worry. If Giuseppe is still here, you’ll be okay.” He pointed to a gangly 20-year-old stuffing his face with a day-old cornetto. Giuseppe waved, and the powdered sugar stuck to his puffed cheeks blew into the wind. The chef handed me a double-breasted uniform when I showed up that night for the dinner shift...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: Learning to Make Food—Italian Style | 9/18/2008 | See Source »

...happen to work in the financial industry, the ramifications of all this turmoil on Wall Street remain hard to assess. ATMs are still dispensing cash, credit card offers keep arriving in the mail, and it's not even all that hard to get a mortgage - if your credit's okay and you can actually afford the monthly payments. There is less lending overall, and that depresses economic activity. But with oil prices dropping again today, the single greatest scourge of American consumers this year - the high price of gasoline - is due for a further pullback. In New York...

Author: /time Magazine | Title: Financial Meltdowns: How Big a Blow? | 9/15/2008 | See Source »

...playing poker, Jenga, and other games. “A lot of games being played, a lot of friends being made,” said Brooks Lambert-Sluder, program manager of the Peer Advising Fellows Program. “It’s a circumstance everyone seems to be okay with. There’s a lot of good humor, and I’m sure the problem will be solved soon,” Faust said in an interview. Faust remained at the scene as freshmen headed out for the night, chatting with them past...

Author: By Vidya B. Viswanathan, CRIMSON STAFF WRITER | Title: Weekend Outage Strands Students | 9/9/2008 | See Source »

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