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...miles from the beach. As the market boomed, the townhomes' starting prices soared to $349,000. A former broker said the units sold quickly, but then closings languished and buyers sought to get out of their contracts. The corporation managing the property changed hands earlier this year, and units remain unsold. Web advertisements indicate that some of the townhomes are available for rent...

Author: /time Magazine | Title: Inside a Florida Mortgage Scam | 6/25/2008 | See Source »

Purcell, who served as an IOP fellow last fall, said that he hopes to expand the support for students interested in careers in public service and enhance international opportunities for students. Above all, he said, he wants undergraduates to remain the focus of the institute...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Former Nashville Mayor To Serve as IOP Director at Harvard | 6/25/2008 | See Source »

...dialogue" with trading partners Canada and Mexico on "how we can make this work for all people," as he told Fortune. And in his first speech after cementing the nomination, Obama assured the American Israel Public Affairs Committee, a prominent Jewish group, that he would like to see Jerusalem "remain the capital of Israel, and it must remain undivided," a surprisingly hawkish declaration that outraged the Arab world and Arab-Americans and appeared to contradict earlier statements he had made. He seemed to recognize his overreaching the next day, when he dialed back his rhetoric and told CNN that...

Author: /time Magazine | Title: Will 'Experience' Hurt Obama? | 6/24/2008 | See Source »

...Pope's visit to New York in April. New York's Archbishop, Cardinal Edward Egan, later publicly scolded the former mayor and presidential candidate, saying they had "an understanding" that he would not take Communion. A spokeswoman for Giuliani said his faith "is a deeply personal matter and should remain confidential...

Author: /time Magazine | Title: Berlusconi Appeals for Communion | 6/24/2008 | See Source »

...When students were asked to set financial concerns aside, they said they would prefer to work in the arts, media, and public service rather than in business, consulting, and finance (20 percent said they would remain in those sectors...

Author: By Adam M. Guren and Natalie I. Sherman, CRIMSON STAFF WRITERSS | Title: Harvard Graduates Head to Investment Banking, Consulting | 6/22/2008 | See Source »

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