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Dates: during 2000-2009
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...That toxic debt was also behind the other bad company news of the day, when HSBC - Europe's largest bank - said it would seek $17.1 billion in new capital, and close its U.S. consumer-lending unit, Household Finance. The American affiliate had saddled HBSC with $16.3 billion in subprime-rooted losses, and explained the group's 62% dip in 2008 profits of $9.3 billion. But closing the troubled unit means adding its 6,100 employees to the list of 3 million American jobs eliminated since November...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...What struck Pagani most was how predictable the identities of the gamblers were. When she referred back to the ratings from kindergarten, she found that every one-unit increase on the impulsivity scale correlated with a 25% jump in the likelihood a child would be gambling by sixth grade. "The Diagnostic and Statistical Manual already refers to gambling specifically as an impulse-control disorder," she says, citing the official text that outlines diagnostic criteria for mental disorders. "And then there were our findings showing that...

Author: /time Magazine | Title: Spotting Future Gamblers in Kindergarten | 3/2/2009 | See Source »

...junior’s second career playoff shutout, with the first coming by the same count in last year’s ECAC semifinals. The Crimson also continued its dominance on the penalty kill, holding the Big Red scoreless in three opportunities. Harvard’s penalty-kill unit, ranked fifth nationally, has allowed just two goals in its last 37 opportunities.But despite the positive outcome, the Crimson refused to settle for a performance that was anything less than its best.“I think they all know that they’re capable of playing better than they...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson Blanks Cornell in Game 1 | 3/2/2009 | See Source »

Thankfully, we found these buttoned-down lab rats did in fact have their priorities straight—they were focusing on alcohol and mountains of Doritos. The FAS Center for Systems Biology, a collaborative research unit whose members occupy Northwest, holds happy hours every Friday at 5 pm, and we were lucky enough to stumble upon a coagulated mass of biology researchers “socializing” as they knocked back Coronas and forgot that their shoelaces were still tied (more on the Northwest scene after the jump...

Author: By Esther I. Yi | Title: An Unhappy Hour for MCB | 3/1/2009 | See Source »

...intersection of high impact criminal activities, locations, and people,” according to the Boston Police Department Web site. Zanoli said that BRIC’s involvement with this case suggests that the incident was the result of gang activity. “It is an intelligence gathering unit and they primarily investigate gang-related crime,” Zanoli said. “The officer who was called there made some observations and decided it would best be investigated [by BRIC].” The building is part of the Longwood Medical Center, a group of medical...

Author: By Emily J. Hogan, CRIMSON STAFF WRITER | Title: Med School Building Vandalized | 3/1/2009 | See Source »

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