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...well as a couple of croissants and some vanilla-bean scones, as accompaniments and because TIME was paying. I also picked up a jar of Folgers crystals from the corner deli, whipped up a pot of homemade coffee (Guatemala, from Costco) and put on a pot of filtered NYC tap water...

Author: /time Magazine | Title: Via Taste Test: Grading Starbucks' New Instant Coffee | 10/2/2009 | See Source »

...FDIC's second option is to borrow money from the Treasury Department. This is well within the rules of the FDIC. The agency has a credit line with the Treasury to tap as much as $500 billion in emergency capital through the end of next year. But the FDIC is worried that if the agency, which has always been privately funded through bank assessments, borrowed money from the Treasury, it would look like a new bank bailout, eroding the sliver of confidence the public has regained in our nation's banking system in the past few months...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

Since assuming the governorship in 2003, Granholm has moved to broaden Michigan's industrial base into such areas as energy and robotic technology - an effort that aims to tap into the skills of the state's sizeable population of scientists and engineers. "For 100 years, we've been focused on the automobile," says Granholm. "So we have an identity crisis." (See pictures of the remains of Detroit...

Author: /time Magazine | Title: Michigan and Granholm Face a Budget Deadline | 9/30/2009 | See Source »

...This may be the flaw in China's strategy to nourish private-sector enterprises. If SMEs are to tap the capital markets for steady and sustainable financing, investors must be willing to support them for the long term. Unfortunately, the market's current get-rich-quick mindset cannot be changed overnight. Hong Kong, a more mature financial center, launched a GEM board 10 years ago. It has not been a notable success, with just 172 companies and total market capitalization of $11 billion - equal to 0.6% of the main board...

Author: /time Magazine | Title: Why China's Nasdaq Is No GEM | 9/28/2009 | See Source »

...Events Board, I was lucky enough to chaperone the swanky formal at the Charles Hotel, where freshmen enjoyed an open bar of soft drinks and bottled water. Unfortunately for fun at Harvard, the Fun Czar at the time forgot to request that, at a certain point, the bartenders serve tap water instead of bottled water as had been done historically. Consequently, the Fun Czar herself admitted that the tab for bottled water alone neared half of the original budget for the event and accounted for a significant portion of the social programming budget for all of Harvard?...

Author: By Benjamin P. Schwartz | Title: A “Czarry” Excuse for Fun | 9/24/2009 | See Source »

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