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...underground mosque inside the Haram al-Sharif and, according to irate Israeli scholars, gouged out "several hundred" trucks' worth of debris, destroying evidence that might shed light on Judaism's holiest site. "This was politically motivated," fumes archaeologist Gabriel Barkay, who leads a team of volunteers that has spent years sifting through large mounds of material from the sacred precinct that was rescued from a city dump. "In places where you should have used a toothbrush, they used a bulldozer...

Author: /time Magazine | Title: Archaeology in Jerusalem: Digging Up Trouble | 2/8/2010 | See Source »

...have been sleeping over break, but according to the Immediate Gratification Players "Czar" Scott A. Levin-Gesundheit '11, IGP—Harvard’s second-oldest improv comedy group—spent its month at NASA, learning about astronomical pursuits in order to prep for its Avatar-themed improv festival this weekend. (Note: he was joking...

Author: By Gautam S. Kumar, CRIMSON STAFF WRITER | Title: IGP(ee my pants) Show | 2/6/2010 | See Source »

...stayed at home to raise their children and he focused more on politics. She left her high-powered banking job in New York City and moved to South Carolina for him - willingly, she says. She ran four successful campaigns for him, more or less willingly, for no pay. She spent six years raising their four kids pretty much alone while he was in Washington. At nine-plus months pregnant, she hosted a luncheon for John McCain and a bunch of Republican bigwigs. Somewhere along the way, she believes, Governor Sanford lost the plot. (See how Jenny Sanford is the savviest...

Author: /time Magazine | Title: Jenny Sanford Dishes with Dignity in Staying True | 2/5/2010 | See Source »

...Lehman wasn't alone. Merrill Lynch lost nearly $20 billion on investments in collateralized debt obligations (CDOs). Morgan Stanley had a nearly $4 billion loss in proprietary trading in the fourth quarter of 2007. Goldman Sachs spent $3 billion to bail out one of its hedge funds. And Citigroup has poured more than $3 billion into fixing its problems with structured investment vehicles, investments the bank set up with its own capital. Like Merrill, Citi lost big - as much as $15 billion, on the CDOs it decided to hold rather than sell off. In fact, nearly every large financial firm...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

It’s baffling because the cancellation of the Constellation moon program is tantamount to taking the nine billion dollars already spent on the program over six years and setting it on fire. It’s baffling because the decision will eliminate thousands of jobs—this comes days after the President said in the State of the Union, “jobs must be our number one focus in 2010.” It’s baffling because the decision could not have been made to save money, since the proposal actually increases NASA?...

Author: By Daniel A. Handlin | Title: Elegy for the Future | 2/5/2010 | See Source »

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