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...recent crisis provides an example of the dangers: as some foreign governments provided blanket guarantees for their deposits, money started to move to what looked like safe havens. Other countries had to respond. A few European governments have been far more thoughtful than the U.S. in figuring out what needs to be done. Even before the crisis turned global, French President Nicolas Sarkozy, in his address to the U.N. last month, called for a world summit to lay the foundations for more state regulation to replace the current laissez-faire approach. We may be at a new "Bretton Woods moment...

Author: /time Magazine | Title: Nobel Laureate: How to Get Out of the Financial Crisis | 10/17/2008 | See Source »

...stand, losing to a suprise Bucknell boat, which won the gold. The team was just four seconds short of third, ending the crew’s six-year run of medaling.Last spring, the program fell to a sixth- place finish, as Wisconsin regained its national championship crown.In order to respond, the crew will look to its new varsity coach, Heather Cartwright, to pull the Black and White out of limbo.And from all accounts, the crew is ready to do just that.“[Cartwright] has a very structured team, and the experience to back that...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Change Radcliffe Can Believe In | 10/17/2008 | See Source »

...achieve national progress,” he said. Spelman, now retired, also discussed how the personal values of the Chinese have been affected by profound social and political change, the trajectory of China’s political and economic structure, and how the United States should respond to China’s modernization efforts. “It’s rare to hear from a diplomat who has also been a scholar,” said Graham T. Webster, a student in East Asian studies at GSAS. “It’s also good to hear from...

Author: By Laura G. Mirviss, CONTRIBUTING WRITER | Title: ‘Ping-Pong’ Diplomat Visits | 10/15/2008 | See Source »

...room number, from the River to the Quad, everyone seems to share a wall with the most absurd of characters. They scream at inhumanly high pitches, they cackle and guffaw, they blast ’90s pop into the wee hours (especially during Reading Period). Some of us respond in kind—by yelling for quiet, throwing sneakers at the wall, or just learning to grit our teeth and bear...

Author: By Molly M. Strauss | Title: Behind Closed Doors | 10/14/2008 | See Source »

...treat people like numbers and pieces of paper. To blindly continue to go along with that and just act as if that's okay because I have an order telling me to do that - I think people realize that that's the wrong way to go. How do you respond to critics like the Illinois Bankers' Association, who say you're ignoring the law, that this is a publicity stunt...

Author: /time Magazine | Title: The Sheriff Who Wouldn't Evict | 10/13/2008 | See Source »

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