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...stock market stormed up Thursday on good earnings news from the bank sector, but there was bad news on another front that could undermine the surge. The second round of the Federal Reserve's attempt to restart the nonbank consumer-lending market, the so-called TALF program, went even worse than the faltering first round did last month. The poor performance is causing some Fed officials to doubt the entire premise of the effort to restart nonbank credit markets. "We know there are people out there interested in putting subscriptions together," says a Fed official, "but the larger question...

Author: /time Magazine | Title: Still Few Buyers in Fed's Effort to Restart Lending | 4/9/2009 | See Source »

...business strategy: politicians can cherry-pick from his research to bolster their own agendas; they then invite him to testify on Capitol Hill (he has done so half a dozen times in the past year), which leads to more TV interviews, which boosts business for Economy.com On a recent Thursday in Washington, Zandi spent the first part of the morning presenting his outlook for the U.S. economy to a crowd of Moody's clients. Standing at a lectern under fluorescent lights, blinking behind his oval spectacles, he said the bank-bailout plan introduced by Treasury Secretary Timothy Geithner to encourage...

Author: /time Magazine | Title: Economist Mark Zandi: The Recession's Hot Wonk | 4/9/2009 | See Source »

...change in intellectual mindset,” he said. The event, organized by the Harvard International Relations Council as part of their “International Relations Week,” attracted only a handful of students to Ticknor Lounge. The IRC has seven more events planned for Wednesday, Thursday and Friday...

Author: By Kate A Borowitz, CONTRIBUTING WRITER | Title: Professors Discuss Financial Crisis | 4/8/2009 | See Source »

Harvard’s restoration of three old mansions on the Harvard Law School campus in 2007 drew the Cambridge Historical Commission’s Preservation Award last Thursday, lending a dose of prestige to the aged structures where 26 Law School students currently reside. The award, bestowed annually for historically accurate restorations of Cambridge-area houses, recognized the Law School’s work on a trio of 19th-century Victorian mansions, which were updated and moved 150 yards from their original sites to make way for the school’s Northwest Corner Project—a construction...

Author: By Laura M. Fontanills, CONTRIBUTING WRITER | Title: HLS Houses Receive Award | 4/7/2009 | See Source »

Students seeking to work for the Q Guide this summer had their hopes dashed when Dean of Undergraduate Education Jay M. Harris announced last Thursday that the College will drastically alter the format of next year’s guide, eliminating the need for student involvement in the guide’s creation. In an e-mail sent to summer applicants last Thursday, Q Guide editor Charles C. Bridge ’11 wrote that the change in content and move to an online-only edition meant that no students would be hired to work for the publication...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: College Cuts Q Guide Jobs | 4/6/2009 | See Source »

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