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...It’s almost like we need to [re-]learn how to win,” senior guard Drew Housman said. “We’re always expecting a close game. We need to play hard for [the full] forty minutes and let the rest follow.”The story of the game was defense—or lack thereof. Coming into Saturday, Princeton had only mustered sixty points in five of its 14 matchups. In scoring 77, the squad easily eclipsed its season average.Yet the game was still undecided with seven minutes to play...
...carnival was the women’s 10K Free. Devlin finished in the middle of the pack with a time of 33:45.41, while Mangan, Sprague, Mulshine, Shultz, and Burruss finished in 56th, 57th, 65th, 70th, and 77th place, respectively. Harvard won’t have much time to rest, as it prepares to gear up for the Vermont Carnival next weekend. “We just have to get some more training under our belts, build on what we’ve done so far, and just go from there,” Boardman said. “Hopefully...
...money to other people at a higher interest rate, say 7%. Pocket the difference. Repeat. But starting in the early 1970s, banks began funding less of their lending with old-fashioned deposits. Bank deposits backed 90% of all loans four decades ago; today they back 60%. Where does the rest of the loan money come from? From the bank's past earnings and the money given to it by its investors. Using the house's money has generated higher profits - with significantly higher risks...
...Regulators are split on what to do next. The Federal Deposit Insurance Corporation is backing a plan to create what it calls an aggregator bank, which would buy up the loans of BofA, Citigroup and the rest of our now troubled system, theoretically putting an end to the escalating losses eating away at the banks' capital. But if the government buys those assets at current market rates, banks would be forced to take immediate losses on the sales, doing more harm than if the government just left the troubled loans where they are. Sources say the Federal Reserve would prefer...
...It’s almost like we need to [re]-learn how the win,” senior guard Drew Housman said. “We’re always expecting a close game. We need to play hard for [the full] forty minutes and let the rest follow.” The story of the game was defense—or lack thereof. Coming into the game, Princeton had only mustered sixty points in five of its 14 games. In scoring 77, the squad eclipsed its season average by leaps and bounds. “They hit some tough...