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...public-private investment fund” included in Treasury Secretary Timothy Geithner’s recent proposal. The potentially $1 trillion vehicle would aim to combine public and private capital to buy toxic assets from banks. Though widely criticized in its eight days of life, the fund may succeed in attracting private investors—but only if Geithner offers more specifics to incentivize private financing and subdue historic antagonism between private and public sectors, which is traditionally worse in times of crisis...

Author: By Noah M. Silver | Title: Bridging the Capitalist Divide | 2/17/2009 | See Source »

...message: strong, cooperative leadership from the Fed is the key to inspiring confidence in both consumers and major private sector actors. Like any executive action, this leadership demands rationale—a justification for others to invest. Geithner must look to the failures of his predecessors in order to succeed...

Author: By Noah M. Silver | Title: Bridging the Capitalist Divide | 2/17/2009 | See Source »

...succeed, Gates will need backing from Obama, along with a plan to spend defense dollars more smartly, during the recession. Despite the protestations of lawmakers, defense spending is an inefficient way to create jobs because the skills that defense jobs demand require premium paychecks. (Civilians working on missile defense for Boeing in Arizona earn three times the state average, the company boasts--great for them, but not so good for taxpayers or the unemployed.) Gates has sent the White House $10 billion in military projects to include in the stimulus package--barracks, hospitals, clinics, child-care centers--that can more...

Author: /time Magazine | Title: Can Robert Gates Tame the Pentagon? | 2/12/2009 | See Source »

...hard to figure out a way to break through the noise.” Despite the difficulties involved, Sundquist readily admitted that the emphasis on communication was worthwhile. “The more people that know about something, the greater chance it has to succeed,” he said. —Staff writer Eric P. Newcomer can be reached at newcomer@fas.harvard.edu...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: New UC Passes First Bill | 2/10/2009 | See Source »

...However, this alone will not be able to resolve our problem of underrepresentation. More calculated risk-taking is needed, and better support in place to maximize the chance that cutting-edge productions can—and will—succeed. Simply, we should try to cast some actors who do not typically populate our major shows. For many outsiders, the world of Harvard theater is exclusive and relatively confined. It’s time to shake things...

Author: By Jason J. Wong | Title: Theater for a New Era | 2/10/2009 | See Source »

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