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...Patrick administration, and intend to tell the Legislative leaders, that cuts of this magnitude will require a draconian response,” Keefe wrote. “Exactly what measures we will take in the face of this upsetting development are still being considered but we cannot wait long before we must...

Author: By June Q. Wu and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: State Budget Cuts Wound Cambridge Health Alliance | 10/22/2008 | See Source »

Until then, all we can do is get drunk. Oh, wait, this is Harvard...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: WALLY'S WORLD: A Case of No Pain, No Fun | 10/22/2008 | See Source »

Before boarding a plane on Saturday to meet President George W. Bush, French President Nicolas Sarkozy proclaimed, "Europe wants it. Europe demands it. Europe will get it." The "it" here is global financial reform, and evidently Sarkozy won't have to wait long. Just hours after their closed-door meeting had finished, Bush and Sarkozy, along with European Commission President Jose Manuel Barroso, issued a joint statement announcing that a summit would be held next month to devise what Barroso calls a "new global financial order...

Author: /time Magazine | Title: Bretton Woods System | 10/21/2008 | See Source »

...deceased's property; with the British property market in free fall, the NAFD says families are opting for less opulent burial services. The reduction of earnings leads to cash shortages among undertakers, which means that many of them require loans to cover the expenses of welfare funerals as they wait for the government payment to come through. With credit dried up, the terms for these loans are becoming increasingly punitive, if they can be found...

Author: /time Magazine | Title: Corpses Pile Up Amid Britain's Financial Crisis | 10/20/2008 | See Source »

...crisis (which forced health officials to consider mass burials at sea). But Britain's undertakers have offered a corporeal reminder of how financial crises can infringe in intimate ways. "We are the forth richest country in the world," MP Kawczynski says. "The idea that you would have to wait two months to bury someone close to you is despicable...

Author: /time Magazine | Title: Corpses Pile Up Amid Britain's Financial Crisis | 10/20/2008 | See Source »

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