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Recalibrating the amount of power the ratings agencies wield in the world, though, is a Herculean task. Just seven years ago, in the wake of the Enron collapse, the Senate held hearings about the role of the ratings agencies - which considered the company's debt investment-grade until just days before it went bankrupt. The Senate investigation found that the ratings agencies hadn't asked particularly probing questions of Enron and had glossed over warning signs like accounting irregularities. In other words, the ratings agencies didn't objectively and accurately rate...

Author: /time Magazine | Title: The SEC's Next Challenge: Fixing the Ratings Agencies | 4/15/2009 | See Source »

...Seven years ago, Paul Harding was just starting out as an Expos preceptor. At nights he would teach fiction writing at the Harvard Extension School, then go home and help take care of his newborn son. “Once I had kids, I realized how much free time I used to have,” Harding says. “It was a kick in the ass; I couldn’t be precious about writing.” Over the next three years he would juggle his careers as educator and father, while completing his first major published...

Author: By Maria Y. Xia, CRIMSON STAFF WRITER | Title: Do the Write Thing | 4/15/2009 | See Source »

...victory in the second game of its doubleheader, 1-0.The obvious star of the game was Black, who notched a commanding complete-game win. After coming out of the bullpen for most of the season, Black appeared right at home in the starting rotation, as she paced the Crimson through seven innings.But things would have been different had Harvard’s defense failed to back her up. The Crimson was airtight both in the air and on the ground, giving Black all the help she needed.The highlight of this strong defensive performance came when it counted most...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Harvard Bounces Back in Sweep | 4/14/2009 | See Source »

...Faust peers at the seven Eliot residents over her glasses, asks if anyone wants to change anything about Harvard. Roundtable atwitter with nervous laughter. No brilliant suggestions offered...

Author: By June Q. Wu | Title: Lunch with President Faust | 4/14/2009 | See Source »

...last night at the Institute of Politics. The speakers included former Georgia Senator Max Cleland; Eric Greitens, who used his combat pay from Iraq and Afghanistan to start an organization that allows disabled veterans to serve their communities; and Maura C. Sullivan, a Harvard MBA/MPA candidate who served for seven months as a marine in Fallujah, Iraq. The conversation dealt with the speakers’ combat experiences as well as their desire to serve the nation in other ways. Cleland, who was severely wounded in Vietnam, said he decided to pursue his political aspirations because he was left with...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Vets Discuss Leadership | 4/14/2009 | See Source »

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