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Harvard started out slow, but saved enough energy to endure a nail-biter against St John’s. The Crimson men’s tennis team dropped the doubles point and needed three set efforts from senior captain Chris Clayton and junior Sasha Ermakov to overcome the Red Storm 5-2 on Thursday evening at the Murr Center. Anchored by solid individual play up and down the lineup, Harvard avenged early doubles losses at the two and three positions by sweeping the top five singles matches. “It’s always tough when you lose...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Singles Wins Help Crimson Take Match | 3/21/2008 | See Source »

...this is a snap shot,” he said. “If it blows up...if the calm of today is replaced by a storm of renewed suicide bombings and civil war in the next six months it will be a big, big story...

Author: By Abby D. Phillip, CRIMSON STAFF WRITER | Title: Words From the Front | 3/18/2008 | See Source »

...domino effects" that are worrisome, said Pincus. "I think it's [going to be] one of the next shoes to fall" in the credit crisis. Miller said the subprime debacle, rising unemployment, record-high oil prices, and now CDS market troubles "have all the makings of the perfect storm.... There are some economists who say this could be another 1929 - but I don't believe it," he said. "We have a lot of safeguards built into the system that did not exist in 1929 and 1930." None of them, though, are directly targeted at CDS. On Wall Street, innovators...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

...growth is threatening to push up inflation, and they reduce rates when economies begin to slide into recession and deflation. But what to do when the wind is a cyclone? That is the question confronting the U.S. Federal Reserve, the European Central Bank and their counterparts as the financial storm spawned by U.S. subprime mortgages continues to wreak havoc across credit markets. The resulting higher borrowing rates and tighter credit standards threaten to pull the U.S. economy into recession...

Author: /time Magazine | Title: The Fed Fights Back | 3/13/2008 | See Source »

...think we can assume it’s thebeach of a key. Tsunami-sized waves totallydefy the tidal pull of the moon anda hot pink house miraculously survivesboth the waves and the lightning directlystriking it. The pink of the house evenmatches the pink in the sunset going onbehind the storm. The house may survivethis tempest, but no such luck forStephen King’s name, written in a shinytypeface—it seems to be sinking into theocean. So we know there’s a storm and anisland—I guess the mystery lies with theorange picnic basket...

Author: By Meredith S. Steuer, CONTRIBUTING WRITER | Title: BY IT'S COVER | 3/13/2008 | See Source »

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