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...last time Harvard issued debt was in December 2008, at the height of the global financial crisis, when it borrowed $2.5 billion to raise cash, refinance risky short-term debt, and terminate certain investment agreements. The move drew heavy media attention and criticism, with a Forbes cover story suggesting that Harvard was in a "cash-raising panic...

Author: By Elias J. Groll and William N. White, CRIMSON STAFF WRITERS | Title: Harvard To Borrow $480 Million To Fund Capital Projects, Refinance Debt | 1/9/2010 | See Source »

...heretical idea. After all, we have had a long-standing deal with biology: whatever choices we make during our lives might ruin our short-term memory or make us fat or hasten death, but they won't change our genes - our actual DNA. Which meant that when we had kids of our own, the genetic slate would be wiped clean...

Author: /time Magazine | Title: Why Your DNA Isn't Your Destiny | 1/6/2010 | See Source »

What does this say about the Federal Reserve's hopes to start pulling its added liquidity out of the markets, either by raising short-term rates or just getting out of buying bonds, which has been keeping long rates low? I think the Fed's statements suggest that they really want to exit in some fashion from the buying program. The first step in that direction, logically, would be to stop buying, and our sense is that they're at least going to try that. But based on our forecasts for the second half of the year, they may have...

Author: /time Magazine | Title: Pimco's Bill Gross Sees 2010 as Year of Reckoning | 1/5/2010 | See Source »

Another trick is to recognize that willpower is like a muscle - it gets stronger with appropriate use but ultimately weakens if overloaded. That's why Hester recommends setting short-term goals that are "moderately difficult, realistic, concrete and measurable." As with weight-lifting, starting at a level that is challenging but not overwhelming can provide a sense of achievement and success - which can give you the drive to take on bigger challenges...

Author: /time Magazine | Title: How to Keep Your New Year's Resolutions: Advice from the Experts | 1/1/2010 | See Source »

...England for his acknowledgment of the obvious: “People will be rightly furious if agreement [at the conference] is not possible.” His countryman Tony Blair has chimed in as well, demanding a hasty resolution. Yet the EU has pledged less than $10 billion to short-term climate aid for developing nations. To put that in perspective, Japan has individually promised $15 billion. Miliband might do better to work on solutions than to make sweeping remarks to the world press...

Author: By Alexander R. Konrad | Title: Into Thin Air | 12/18/2009 | See Source »

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