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...Harvard’s the richest place around here,” Melin said. “If they can’t even afford the coffee, it makes us wonder, you know...

Author: By Shan Wang, CRIMSON STAFF WRITER | Title: Barker Center Ends Free Coffee Program | 1/30/2009 | See Source »

...hoping to fill the void left by the demise of the first Bank of the United States, the sort-of central bank whose charter Congress had allowed to expire the year before. City nearly went under in the Panic of 1837 but was bailed out by the country's richest man, fur magnate John Jacob Astor. Astor's associate Moses Taylor built City into a bulwark of sound finance--big capital reserves, stingy lending standards--that bankrolled the Union during the Civil War and easily withstood the first postwar financial panic...

Author: /time Magazine | Title: Citibank: Teetering Since 1812 | 1/21/2009 | See Source »

...livelihood. His great discovery was that even with few assets, these entrepreneurs repaid on time. Grameen and microfinance have since become financial staples of the developing world, but by coming to the U.S. Grameen is taking on a different sort of challenge: one of the planet's richest countries. Yes, money may be tight in the waning recession, but this is still a nation of 100,000 bank branches. (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...years he transformed it into a vast corporate empire of 120 companies that generate revenue of some €30 billion, employ around 100,000 people and range in concerns from generic-drug maker Ratiopharm to Germany's biggest cement maker, HeidelbergCement. An unassuming lawyer, he was Germany's fifth richest individual and 94th on Forbes' list of the world's richest people, with a net worth estimated at nearly €7 billion ($9.2 billion...

Author: /time Magazine | Title: Financial Casualty: Why Adolf Merckle Killed Himself | 1/6/2009 | See Source »

Journalist Ryan D'Agostino traveled to some of the nation's richest zip codes - places like Beverly Hills, Palm Springs, and Wesport, Connecticut - to attempt to discover the secrets of wealth. He utilized a very simple technique; he knocked on doors of expensive looking homes and asked the owners how they got where they are today. As D'Agostino writes, "If I knocked on enough doors in enough preposterously rich enclaves, I might gather enough insight and guidance to help me...understand how to get rich; rich like them. Simple as that." (See pictures of expensive things that money...

Author: /time Magazine | Title: The Secrets of American Wealth | 1/4/2009 | See Source »

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