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...Federal Reserve says the stress tests were a one-time thing and it has no plans to do them again. One problem with regularly repeating the tests is that they are expensive and time-consuming. The current one took 150 bank examiners six weeks to complete. Bert Ely, a bank-industry consultant, says bank executives don't want the stress tests to return. While Ely says he does believe the stress tests have influenced how regulators will view banks in the future, he's not sure he sees the point in them. "This is the government trying to steer business...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

...Gore was able to get most people to forget the money he took from the tobacco industry and Buddhist monks by winning both the Nobel Prize and an Oscar for his work on educating the world about the dangers of global warming and other problems that affect the environment...

Author: /time Magazine | Title: Even Al Gore Can't Bring Attention to the Environment and Recession | 5/18/2009 | See Source »

...injection of demand into the old GDR, of course, took place in a very different environment from today's. Its key purpose was as much political as economic: to create a reunited Germany, with shared values, from the two states that were the legacy of World War II. But as stimulus plans take hold across the world, policymakers would like to know precisely what such largesse can buy. Because of the slump in world trade, and hence in demand for its exports, Germany itself is facing a tremendous slowdown. The government now predicts that its economy will contract...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...It’s unfortunate that it took budget cuts to bring these stories to light. But, now that we’ve heard them, we can’t ignore them. We have a responsibility to share this issue on behalf of the women who understandably did not feel comfortable speaking up over their House lists or at the town-hall forums with Dean Evelynn Hammonds...

Author: By Tessa K. Lyons-laing and Logan R. Ury | Title: Stranded by the River | 5/17/2009 | See Source »

...lists exploded with discussions about shuttles, hot breakfasts, dining-hall workers, House administrators, and the elimination of anonymous HIV testing at UHS. The administration responded to the announcement by holding a series of town -hall meetings across campus. College Dean Evelynn M. Hammonds and members of the College administration took questions and tried to comfort students who were concerned about their safety, nutrition, education, and quality of life. However, the town halls came far too late, for the administration spent only four hours listening to student concerns when it should have been listening for the past four months...

Author: By Andrea R. Flores | Title: We Are Harvard | 5/17/2009 | See Source »

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