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...Cordaro isn't the only one having doubts. Last week, ratings agency Moody's lowered its outlook for the debt of local governments to 'Negative.' In its report, the ratings agency said local governments face "unprecedented fiscal challenges," over the next 18 months. The report also noted that this was the first time Moody's analysts were broadly worried about the ability of local governments to pay back their debts. Among the places Moody's finds to be most troubled are cities in Florida and California, because of the real estate bust, Indiana, Michigan and Ohio, which are being hurt...

Author: /time Magazine | Title: Rising Risks in Muni Bonds Worry Investors | 4/13/2009 | See Source »

...year assessment of hospital ties to the pharmaceutical industry. After over a year of controversy, Massachusetts General and Brigham and Women’s Hospital will now prohibit doctors from receiving gifts from pharmaceutical companies. The Partners Commission on Interactions with Industry policy will also require physicians to report their relationships with drug companies to patients. Further, executives of Partners HealthCare—the company that owns the two hospitals—will face strict limitations on their involvement with the industry and will no longer be allowed to own stock in any of the drug companies they help oversee...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Hospitals Adopt Stricter Policies | 4/13/2009 | See Source »

Unlike the “Room of Requirement” at Hogwarts, which magically appears when a student is in need of it, the Senior Common Rooms at Harvard never seem to feel like doing much of anything for students. Among other things, the recently released Report on Harvard House Renewal expressed widespread student dissatisfaction or confusion with the Senior Common Room as a component of House life. Ostensibly, every House’s SCR is designed to promote meaningful student-faculty interaction by introducing students to distinguished academics and other prominent members of the Harvard community. But, in many...

Author: By The Crimson Staff | Title: Source of Confusion Room | 4/13/2009 | See Source »

...some extent, the report addresses our concerns: It calls for the creation of a House fellows program, which addresses many of the shortcomings of the current SCR system. In particular, we are excited about the new program’s mandate that its fellows facilitate meaningful interaction within the House community through lectures, discussion dinners, and integration into the larger network of House advising through liaisons with graduate students. Per the committee’s recommendations, we hope to see the College pilot the House fellows program in one or two Houses and, if successful, require all 12 Houses...

Author: By The Crimson Staff | Title: Source of Confusion Room | 4/13/2009 | See Source »

...Council also voted yesterday to approve a letter to Hammonds inquiring whether a report on the Ad Board set to be delivered to the college dean by a student-faculty committee charged with considering the issue be made public. Former UC President Matthew L. Sundquist ’09 sat on the Ad Board committee and Ad-board reform was one of his campaign platforms when he ran for president last year...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: UC Ratifies Stance on J-Term | 4/13/2009 | See Source »

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