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...commission has done as strong a job as it should have, but it wasn't asleep at the wheel," says Joel Seligman, president of the University of Rochester and an SEC historian. "To suggest that Christopher Cox is responsible for what has happened is to trivialize some very serious economic forces." (See TIME covers about Wall Street throughout the years...

Author: /time Magazine | Title: How Much is the SEC's Cox to Blame? | 9/23/2008 | See Source »

...last 20 years, French companies and workers have taken a very serious turn towards free markets and competition, which has made people more comfortable in trusting business and economic forces," says Jacques Bille, a senior civil servant and former political adviser. "But when trouble arises, that French individual goes into collective mode and expects the state to intervene and safeguard stability. That attitude has differentiated us starkly [from the Americans], until...

Author: /time Magazine | Title: No Gloating in France on Finance Crisis | 9/23/2008 | See Source »

...score seemed to deflate New Hampshire’s spirits, as the Wildcats did not pose any serious threats for the remainder of the game...

Author: By Nico S. Theofanidis, CONTRIBUTING WRITER | Title: Akpan, Harvard Tame Wildcats at Home | 9/23/2008 | See Source »

...Over the years, perpetual existential crisis has quietly faded into the background. Surely, some of that comes with maturity; we always outgrow our posturing adolescent angst. But part of me has begun to consider this a serious loss. In a way, I’m currently having an existential crisis over the lack of existential crisis in my life. Unlike the young Woody Allen, I do my homework—and polish my resume, agonize about graduate school, write trivial articles for The Crimson, all without thinking about the inexorable outward stretching of the universe (Annie Hall might...

Author: By David L. Golding | Title: Cambridge Is Not Expanding | 9/23/2008 | See Source »

...short-term consequences of that are serious: up to 18,000 employees could suddenly be looking for a job, while key domestic routes vital to the Italian economy would go underserved. In broader terms, Alitalia's demise would be yet another blow to the country's image abroad and to confidence at home. Berlusconi, who has maintained a hard line since negotiations imploded, has banked much of his credibility on resolving the crisis and keeping Alitalia under Italian ownership...

Author: /time Magazine | Title: What if Alitalia Fails? | 9/22/2008 | See Source »

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