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...play. A trader can deposit up to $2,500 into an account over a 12-month period, and then electronically buy and sell "synthetic ownership interests," a convoluted name for fake shares, of current baseball, basketball, football, and hockey players. Like any self-respecting stock site, the home page details the day's biggest winners and losers, as well as which traders are red-hot. You can easily access data on each athlete: performance charts, shares outstanding (which start anywhere from 50-250 depending on demand, and can change when the stock splits, which happens if it hits $20), market...
...Harvard students still paying tuition when Harvard is seeing multibillion-dollar returns on its endowment?” asks the Facebook group page for Edward “Ned” L. Monahan ’12. The Facebook platform for Seth A. Pearce ’12 proposes “Student oversight on Harvard’s investments and shareholder votes,” as well as “supporting not only students, but also Harvard employees, and the residents of Cambridge and Allston-Brighton...
...Secretary of Education Margaret Spellings flashed a 120-question, six-page financial aid form before the eyes of a packed audience at the John F. Kennedy, Jr. Forum last night. In an address entitled “Educating America: The Will and the Way Forward,” Spellings announced the Department of Education’s newest initiative to simplify the federal aid application process. She is proposing to shorten the Free Application for Federal Student Aid from 120 questions to 27 and streamline the way that students qualify for financial help. “It?...
...effective counterattack. I saw it as a toss-up, not a momentum changer; the public, however, saw it as a clear-cut Obama win. In retrospect, there were two reasons for this. The first became clear when I read the transcript: Obama was far more forceful on the page than he was on the screen. He just lambasted McCain quietly. A key moment was the Iraq question: McCain was very strong here, slamming Obama for not supporting the surge. But Obama's litany of things McCain had gotten wrong ("You said that we were going to be greeted as liberators...
...coherent sentences together or understanding basic policy questions, she succeeded enormously. She had a solid 90 minutes of rapid, confident discourse and kept herself from being the story of the night (as well as the constant punch line of the election season). Improved her image and partially turned the page on McCain's bad two weeks, enabling the Republican-ticket team to try to regain some footing in a contest that has been steadily slipping away - but didn't revolutionize the race. Kicked off the debate with a demure handshake and query for Biden ("Hey, can I call...