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What's going on here? Economists say that even in this downturn, financial services has proven to be more recession-proof than other lines of work. Consumers can put off buying a new car or going on vacation. But most people will still continue to pay their mortgage, write checks and deposit money at the bank. "The fact that the financial-services industry is declining this much is startling," says Joel Prakken of research firm Macroeconomic Advisers, which puts together ADP's employment report...

Author: /time Magazine | Title: Banking Jobs Holding Up Better than Most | 6/5/2009 | See Source »

...Jaeger, then, a patient respect for the administration isn’t just a flavor-of-the-month strategy: it’s a proven method, with the weight of decades behind it. It’s the reason why HUCTW has survived and grown to the size it has: approximately 4,800 strong, with staffers hailing from every niche of the University. It is, in short, one of the core missions of the union. “There are two things we care a lot about: one is to be strong advocates for the interest of the staff...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Amid Crisis, Workers Defy Union Image | 6/3/2009 | See Source »

...newly created role of EVP, Forst was responsible for managing Harvard’s finance, administration, and human resources offices—all of which previously reported directly to the President. And Forst—as well as his financial expertise—has proven invaluable to Faust over the past year, as he accompanies her to meetings with deans at the various schools and leads difficult but necessary conversations about Harvard’s financial state...

Author: By June Q. Wu and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Behind Closed Doors | 6/3/2009 | See Source »

...Such knowledge has proven pivotal in Forst’s working relationship with Sweet, Forst’s counterpart in FAS. Forst says he meets every day with his own finance team or those at other schools across the University—and his meetings with Sweet and Smith have become particularly formative for a school currently struggling to develop a plan for revamping its administrative and programmatic structure. “I think the two of them have an extremely good working relationship,” Smith says of the financial...

Author: By June Q. Wu and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Behind Closed Doors | 6/3/2009 | See Source »

...Through more than 30 years of public service - at the local, state and national level - John has proven himself a dedicated representative of the people of northern New York. But it is his service over the past 16 years in Congress - as a champion of our men and women in uniform - that uniquely qualifies him to help lead America's Army." - President Obama, announcing McHugh's appointment on June...

Author: /time Magazine | Title: John McHugh: Obama's Pick for Army Secretary | 6/3/2009 | See Source »

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