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...site clearance for two new residential colleges. Levin also wrote that faculty recruitment in Yale’s Faculty of Arts and Sciences would proceed at a much-reduced pace, but he did not specify the number of new professors to be hired in this year except to say that it would be “imprudent” to decrease the overall size of the faculty. Yale will continue to conduct searches for researchers specializing in neuroscience, cancer, and cardiovascular disease since “outstanding laboratory facilities are in place,” but at the same time...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Yale’s Endowment Faces 30 Percent Loss | 9/11/2009 | See Source »

...surprise. We knew there was a terrorist threat; we didn't know it would become manifest in this particular way. What was different with Katrina was that it was an event that had been anticipated and planned for in the gulf region for decades. So whatever you can say about the response to Katrina, it was not a consequence of surprise. With Katrina, you had the same kind of estrangement between officials at the top, who just like on 9/11 were largely talking to themselves on conference calls and passing a lot of flawed information. Their decisions, in turn, were...

Author: /time Magazine | Title: A New Look at the 9/11 Commission | 9/11/2009 | See Source »

...outreach is in the eye of the beholder, and Democrats like Senator Chuck Schumer challenged the other team to step up: "The ball is now clearly in the court of the Republican Party. Are they going to continue to just say no? Or will they meet us part of the way? That's the question...

Author: /time Magazine | Title: After Obama's Speech, It's Back to Wooing the Skeptics | 9/11/2009 | See Source »

...Corp. falling below their launch prices last week, and smaller entrants like Excel Infoways and Mahindra Holidays and Resorts continuing to trade below listing prices, retail investors are turning wary. The latest IPO, that of state-run Oil India which closed Sept. 10, saw a relatively muted retail response, say investment bankers, with most of the interest coming from institutional buyers. "We've invested very selectively in the companies that have come to markets post elections," says Sukumar Rajah, chief investment officer at Franklin Templeton Mutual Fund. "There wasn't much to attract us, particularly from a long-term returns...

Author: /time Magazine | Title: New Stock Listings Fail to Ignite India's Market | 9/11/2009 | See Source »

...under the same big tent, Wackenhut and ArmorGroup had competed for the U.S. embassy contract, which ArmorGroup won with a substantially lower bid. Now, Wackenhut has found itself managing the Kabul embassy contract anyway. In June, Wackenhut vice president Samuel Brinkley admitted to Congress, "We feel we can safely say that adequate guard services for the Kabul embassy cannot be provided for the contract price." Instead of making a profit, he said, the firm was losing $1 million a month. "We would welcome any help that the [Senate] Subcommittee [on Contracting Oversight, of the Committee on Homeland Security and Governmental...

Author: /time Magazine | Title: Afghan Embassy Scandal's Link to Cost-Cutting Security | 9/11/2009 | See Source »

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