Word: savingly
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...exactly, is this bailout supposed to 'save' credit markets? Not entirely clear. Paulson and Bernanke described it as a way to jumpstart trading in mortgage securities for which there's no market at the moment, thus allowing banks to clean up their balance sheets and get back to lending. But a lot of economists outside government believe that the real problem is that lots and lots of financial institutions are insolvent--their losses, if they actually recognized them, are enough to wipe out their capital reserves. If that's true it would make more sense for taxpayers to give them...
...said, adding that the ballot measure on marijuana is “not worth pursuing.” Supporters of the initiative argue that the current criminal penalties against marijuana cause more damage to users than the drug itself does, and that the initiative will expand civil liberties while saving police money used to combat and incarcerate marijuana users. “Decriminalize it all the way, recognize that it’s an individual liberty to enjoy activities that impose no harm on anyone else,” said Harvard Law School professor Charles R. Nesson...
...until an old friend called. “We had a fabulous three weeks with him,” University President Drew G. Faust in an interview Friday afternoon. “Then the secretary of the treasury called and said I need to draft him to come save the nation.” Forst is helping Secretary of the Treasury Henry M. Paulson, his erstwhile Goldman colleague, draft the controversial $700-billion bailout plan that is currently being considered by Congress, Faust said. Faust said that though Forst would be in Washington for weeks as a temporary consultant...
...falling behind early, Harvard (2-5, 1-1 Ivy) ratcheted up the pressure. The Crimson had a 9-6 edge in shots and a 3-2 edge in penalty corners in the first half. Nonetheless, Quakers goaltender Alanna Butera met the challenge and stonewalled each attack. Butera registered four saves and lead Penn into halftime with a 1-0 lead. “We had possession most of the game but couldn’t seem to get the ball into the circle,” sophomore forward Maggie McVeigh said. “When we did, we had trouble...
...struggling on that final part to get free opportunities.” The defense is doing all it can to maintain. After holding then-No.12 Boston College to just one score on an astounding 12 shots on goal last weekend, Mann came back with 10 saves in Saturday’s game. And the Quakers would have scored more had it not been for a stellar save off a header in the 47th minute. “The defense is doing a good job of forcing them to shoot wide and deflecting shots,” Mann said...