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University President Drew G. Faust clarified plans for making the arts more prominent on campus at this weekend’s “Passion for the Arts,” a two-day career showcase event that she said was the first large-scale event Harvard has hosted to encourage careers in the arts and humanities.Speakers during the two-day career showcase event included famed cellist Yo-Yo Ma ’76 and Harvard Law School Professor Noah R. Feldman ’92, both of whom joined Faust in arguing for the importance of an education...
...Greed is integral to success on Wall Street and was until recently a quality we celebrated during years of economic prosperity. Channeled correctly, it can fuel innovation, creative business strategy, and the completion of financial transactions on an enormous scale. Cut loose from its free market moorings, however, the profit motive may become dangerously misguided. Pumping taxpayer dollars into failing Wall Street firms will have all of the negative and none of the positive consequences of greed. Given no incentive to be prudent, we can expect them to do nothing other than what they’re best at?...
...It’s the fulcrum you use if you want to move the world.” Ragon soon funded Walker’s project in South Africa, and the two continued to discuss how to fund research for a vaccine on a larger, more innovative scale. An MIT graduate who founded InterSystems Corporation—a Cambridge-based software company—Ragon said the donation was designed to combat the lack of collaboration in research. “What’s really been lacking in biomedical research in general and HIV specifically is a lack...
...worst-off of all the beleaguered chipmakers are the six major DRAM manufacturers in Taiwan, which lost a combined $3.5 billion in 2008, according to the Taiwan government. Taiwan's firms are in especially rough shape because they lack the scale, financial resources and technical prowess of their larger Korean and American rivals. The companies' woes are pushing the Taiwan government toward a bailout of the industry. "We have the intention and the resolve to help the DRAM companies through difficult times," Taiwan President Ma Ying-jeou reportedly told electronics industry executives in early January. Aid is crucial, policymakers believe...
...short term, iSuppli's Kim doesn't expect a meaningful recovery until the second half of 2009. That turnaround will likely be driven by a sharp reduction in new capacity. Kim expects investment in chip-making facilities to fall 63% in 2009 as cash-strapped manufacturers finally scale back. Until then, however, DRAM makers will be lucky to survive - at least until the next downturn...