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Three main lessons present themselves. First, the lightly regulated global financial system that has evolved over the past three decades is dangerously fragile. Second, the U.S. government is capable of keeping a financial panic from snowballing into a complete economic disaster. Third, the government has not yet shown itself to be capable of doing much of anything to make the financial system less collapse-prone in the future. (There's a link, by the way, between the government's failure in No. 3 and its success...

Author: /time Magazine | Title: The Bailout's Biggest Flaw | 9/28/2009 | See Source »

...customers present were prepared for the Oktoberfest-ivities at the pub, and some were surprised by the elaborate celebration...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Oktoberfest Transforms Campus Pub | 9/28/2009 | See Source »

...we’ll do that by working on the correct things and making sure in these tournaments we do what we do in practice. In general we need to worry about things that will kick in three months from now instead of worrying too much about the present...

Author: By Colin Whelehan, CONTRIBUTING WRITER | Title: Harvard Players Tune Up at USTA National Tennis Center | 9/28/2009 | See Source »

Laura Jaramillo ’10, who was present at the meeting with Uribe and signed the letter, said she was impressed by the way in which he responded to each of their individual arguments against a leader remaining in power by amending the Constitution’s term limits...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Locals, Students Protest Uribe's Speech | 9/28/2009 | See Source »

...expecting and the changes in behavior that we are looking for, then we will work with our partners to move for sanctions," Secretary of State Hillary Clinton told CBS on Sunday. "The burden has now shifted ... They have to come to this meeting on Oct. 1 and present convincing evidence as to the purpose of their nuclear program. We don't believe that they can present convincing evidence that it's only for peaceful purposes. But we are going to put them to the test...

Author: /time Magazine | Title: Power to Chaos — Tracking Iran's Four-Month Slide | 9/28/2009 | See Source »

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