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...poor returns and unhappy investors. After nearly doubling in size since 2002, to around 8,000 total funds last year, the industry is on the brink of a brutal contraction as customers - rich investors, university endowments and pensions funds that make up the bulk of hedge funds' clientele - rush to withdraw their investments. Some analysts predict that a quarter of all hedge funds could fold by the end of the year. Stephen Brown, an economist at New York University's Stern School of Business, says the final toll could be much higher. "I'd say 50% of funds will close...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...criticized the U.S.S. New Orleans, the second vessel in the San Antonio's class. It "cannot support embarked troops, cargo or landing craft" - its primary mission - according to a report obtained by the independent Navy Times. Navy officials say the third and fourth vessels are performing much better. The rush to produce the fleet might make military sense if they were needed, but the last time Marines stormed ashore - the key reason the taxpayers are spending $14 billion on the San Antonio and at least eight more ships just like it - was nearly 60 years ago, at Inchon during...

Author: /time Magazine | Title: The Navy's Floating Fiasco | 11/12/2008 | See Source »

...fans could. It’s a sign of change: a women’s team—Columbia was the victim on Saturday—can be heckled the same as its men’s counterpart, and a band of naked men will get rowdy and rush the field just like it was a football championship. It may be hard to see, but if you look past the shirtless men and inappropriate cheers, you see how this means so much to a women’s team who has taken a huge step in its program?...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: SIDEBAR: Double-OT Thriller Sends Harvard to NCAAs | 11/10/2008 | See Source »

...tactic had been becoming increasingly rare in today's nominally safer Iraq. But on Monday, multiple bombings just minutes apart tore up parts of Baghdad during the morning rush hour. While alarming because there hadn't been a major attack for a while, the bombs that exploded in the predominantly Shi'ite neighborhood of Kasra are unlikely to herald a return to the bad old days, according to security officials. Al-Qaeda and other extremist groups, they say, have been severely weakened and are merely shadows of their former selves, too hamstrung to conduct extended campaigns of terror. (See pictures...

Author: /time Magazine | Title: In Baghdad, Blasts from the Past | 11/10/2008 | See Source »

...opening play, Zack Kourouma runs a monster rush down to the Harvard...

Author: By Crimson staff | Title: LIVE BLOG: HARVARD VS. COLUMBIA (11/8) | 11/8/2008 | See Source »

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