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Amid the chaos and confusion that has accompanied the credit crisis at British bank Northern Rock, Bank of England Governor Mervyn King has remained tight-lipped. There was barely a word from him when the Bank, as Britain's lender of last resort, made emergency cash available to Northern Rock last week. When that triggered a run on the High Street lender, with customers lining up for days to take back their savings, King still failed to utter a word. And when the government finally stepped in Monday to offer a gilt-edge guarantee for spooked depositors in the form...

Author: /time Magazine | Title: Coming Clean On Northern Rock | 9/22/2007 | See Source »

...Fast-forward a month, however, and things looked grim. Still short of credit in those tight money markets, Northern Rock had little choice but to approach the Bank of England for cash. And that - the emergency credit that King duly put up - was supposed to be that. It wasn't. Far from reassuring savers, the central bank's efforts amounted to "the equivalent of screaming fire in a crowded cinema," offered John McFall, chairman of the Treasury select committee. King could hardly quibble with that, but coming to his own defense, the Governor made clear it hadn't been...

Author: /time Magazine | Title: Coming Clean On Northern Rock | 9/22/2007 | See Source »

...with a deep and talented receiving corps to throw to, O’Hagan will not be at a loss for wideouts and tight ends to make plays...

Author: By Madeleine I. Shapiro, CRIMSON STAFF WRITER | Title: FOOTBALL '07: Ready To Deliver | 9/21/2007 | See Source »

...receivers are as deep, experienced, and talented a group as Harvard has seen in recent memory—perhaps ever. Led by Corey Mazza, who could break the Crimson’s all-time receiving touchdowns record this season, the group will pose a challenge to defenses. Throw in tight end Jason Miller and emerging fullback Noah Van Niel, and Liam O’Hagan has an abundance of options...

Author: NO WRITER ATTRIBUTED | Title: FOOTBALL '07: Offense | 9/21/2007 | See Source »

Though federal funding has proven tight for researchers around the country, the National Institutes of Health (NIH) have awarded nine Harvard scientists special funding to pursue innovative, “high-risk” research...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: NIH Grants Offer Funding Relief | 9/21/2007 | See Source »

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