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...Street's war correspondents and at his best when describing the fall of Lehman. It's the key battle, in a sense, since Lehman was a major force behind the subprime-mortgage bonds that were the culprits in the collapse. Gasparino is particularly good at capturing--via the profane, telling quote--the high-noon drama of the meltdown. When Morgan Stanley CEO John Mack tells Lehman boss Dick Fuld, "There are rumors that you guys are in trouble," Fuld, the "Gorilla of Wall Street," answers with tough-guy bravado, "It's bullshit." Lehman's stock price was soon in free...
Khandelwal could not be reached for comment last night. Schwartz, when asked to comment on his involvement last night, responded only via text, writing that the claims were “sheer political maneuvering to distract from the improprieties of the election...
...Most of the federal stimulus money is disbursed via states and counties, and the outlook for minorities does seem better once the dollars reach more local levels. Miami-Dade County's Public Works Department has kept its so far $25 million worth of stimulus projects relatively small, and therefore more accessible to minority contractors, to ensure its own 10% DBE participation goal. On some projects Miami-Dade has even 100% DBE involvement. For now, the county is using what stimulus money it can earmark for transit purposes to purchase a fleet of BRT (bus rapid transit) buses that will...
East Asian studies concentrator Rachel A. Esplin ’09 said she was pleasantly surprised upon learning of her induction via e-mail on Monday...
...planning to bury yourself in your books, or maybe you’re a cheapskate who’s just too darn stubborn to dish out the bucks to get to New Haven. Maybe you’re frantically avoiding the Yalie who broke up with you via Gchat. Whatever the case, you find yourself stuck on campus after the masses have departed for Harvard-Yale. What’s a straggler...