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...have not felt much of a credit pinch. Yet, analysts warn that, in spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said Nouriel Roubini of NYU. “Sure, the banks look healthy now. They have been well-regulated and very prudent. But somebody is going to have to buy up trillions of dollars of these liquidated wind-farm assets. The huge discounts will make it impossible for the big banks to say no to this bargain. And when...
...these hecklers, I’m sure you will counter by contending that you are doing whatever you can to help Harvard win. Perhaps. But there’s a right way and a wrong way to rattle an opponent. A high volume of noise is far more effective than a few snide remarks...
...meeting approached, though, I couldn’t bring myself to believe I was going to get Ad Boarded for a greeting card—I was sure it was some other issue of which I was unaware...
...prosperous and conflict-free world order. Not only was the Cold War long past, but also the European Union was flourishing as the emblem of post-nationalist global cooperation, and the North Atlantic Treaty Organization had launched an international coalition to bring order to the Balkans. To be sure, Americans and other innocent people had lost lives to terrorism, but it was far from America’s shores. At home, the Internet was fueling explosive stock growth, and steady increases in home prices and the Dow Jones Industrial Average created confidence that predictable prosperity lay on the horizon...
...haven’t really seen anything from the administration on what measures they are taking to make sure this doesn’t happen again,” says Anne C. Taylor ’11. “I’d say it affected my perception of how safe the campus...