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...Europe's inability to rise above its "each nation for itself" mode bodes ill for the prospect of broader international coordination to shore up credit markets in the face of a global crisis of financial confidence. If countries that have long vaunted their joint destinies can't work together, it seems all the more difficult to envisage a global response of governments and regulators toward a financial sector that itself cares little for national borders. Certainly Germany's unilateral action didn't help European markets resist a strong downward trend from Asia, and indexes plunged on Monday, with the FTSE...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

With the financial crisis leaving many Wall Street job opportunities in limbo, Harvard Business School’s prospective masters of the universe may find that they’d rather be champions of their community—and they’d be in luck.Professors V. Kasturi “Kash” Rangan and Allen S. Grossman have been leading the Business School’s increased focus on social entrepreneurship, applying their extensive experience in the field to help HBS students use their business acumen to serve their communities and the world.ENGINEERING AN ENLIGHTENED ENTERPRISERangan...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: At HBS, Doing Good—Not Just Well | 10/5/2008 | See Source »

...While the world is focused, and rightfully so, on the terrifying prospect of how a nuclear Ahmadinejad regime might attempt to “Islamize” the rest of us and wipe certain unfavorable countries “off the map,” we must not let his booming threats drown out the pleas of the Iranian people, and Iranian women especially. In a recent column, Iranian journalist Amir Taheri quotes feminist Haydeh Karimi who implores, “Free people everywhere should speak out in support of Iranian women.” Indeed, thousands showed...

Author: By Dana A. Stern | Title: From Veiled to Jailed | 10/5/2008 | See Source »

...admitted that the crazy night depicted in the movie doesn’t reflect their own lives. “I avoided nights like this on purpose,” Dennings said. “I still kind of do. I’m a real homebody and the prospect of running around looking for something I don’t know where to find, is a little bit daunting.”While both actors claim to eschew the spotlight, Cera professed unhesitatingly that he would stay out all night looking for one thing...

Author: By Rachel A. Burns, CRIMSON STAFF WRITER | Title: Cera Gets Indie in ‘Nick and Norah’ | 10/3/2008 | See Source »

...primary strategic concern of the U.S. in the region appears to be rooting out al-Qaeda, which is why the U.S. military backed an Ethiopian invasion of Somalia to prevent a popular Islamist movement from taking power. But the Islamists remain powerful, and the still violent stalemate clouds any prospect of restoring law and order onshore. Although the pirates lack the quays to take the tanks ashore, and their clan affiliations make connections to the Islamists unlikely, the U.S.S. Howard sailed to within three miles of the Faina to ensure that the tanks did not fall into Islamist hands...

Author: /time Magazine | Title: Arrr! The Somali Pirates and Their Troublesome Treasure | 10/3/2008 | See Source »

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