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Thus far, consumers and non-energy-related businesses have not felt much of a credit pinch. Yet, analysts warn that, in spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

In a related development, a spokesman for Goldman Sachs denied allegations that the firm had taken a large short position in a synthetic SWIFT in April of last year.

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

On a related note, we were also concerned to learn that the University of the Pacific’s Distinctive Candidate Application affords students the opportunity to apply to college using a pre-filled application with no essay or candidate profile requirement. Again, in an age when the budget crisis...

Author: By The Crimson Staff | Title: Lasting Improvements | 5/27/2010 | See Source »

Over the course of the year, there were four student deaths, an alleged drug-related homicide in Kirkland House, and a financial crisis that led to University-wide staff layoffs and budget cuts.

Author: By Melody Y. Hu and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: A Second First Year | 5/27/2010 | See Source »

Three men who are unaffiliated with Harvard University and Brittany J. Smith ’09—a former Lowell House resident who was not allowed to graduate last spring—are currently facing charges related to the alleged homicide.

Author: By Eric P. Newcomer and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: A Silent Aftermath | 5/27/2010 | See Source »

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