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...core issue is that there aren't enough people buying houses. Usually, when price goes down, demand rises, but in the housing market, falling values make potential buyers fearful, sending them to the sidelines as they wait to see how much cheaper homes will get. If we could restore buyers to the market, the thinking goes, prices would stabilize, delinquent borrowers could sell instead of falling into foreclosure, and the value of the mortgage-related securities contaminating our financial system would stop being such a mystery...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

Meanwhile, the case against her husband, alleged mastermind behind the greatest white collar crime ever, will have to wait another day as US federal prosecutors asked for and received another 30-day extension from a judge in US District Court today...

Author: /time Magazine | Title: Ruth Madoff Withdrew $15.5 Million Prior to Husband's Arrest | 2/11/2009 | See Source »

...sure he was giving us the opportunity to use that as a sociological setting.” Students hoping to read the classic anti-club manifesto “Privileged: Harvard and the Education of the Ruling Class” and hate on the Harvard establishment, should wait to take Nelson’s “Class and Culture” course next fall. But for anyone who’s ever wished they could do homework while partying at the Fly, Harvard has finally invented the perfect class...

Author: By Jun Li, CRIMSON STAFF WRITER | Title: Saturday night paper writing on the Fly | 2/11/2009 | See Source »

Americans are tired of being called obese, tired of the stock footage on the local news channel of headless people with unsightly bulges and tummy rolls (wait, was that me?). We get it. We eat too much crap. Maybe they should start showing exactly how bad that crap is on the news, then it might make a difference. That's where "This is why you're fat" comes in. Warning: Don't eat before, during or after you've seen this blog...

Author: /time Magazine | Title: This Is Why You're Fat | 2/10/2009 | See Source »

Moreover, regardless of the long-term budget concerns, students now still need to be taught. Harvard’s course offerings already fall short in many areas, and the hiring slowdown means departments across the College must wait further to fill their teaching gaps. The Economics Department is now searching for only one junior faculty member instead of two, the Classics Department cannot fill an intellectual vacancy in Greek history, and the East Asian Languages and Civilizations Department will not be hiring a pre-modern Japanese history professor...

Author: By The Crimson Staff | Title: No Applications Necessary | 2/10/2009 | See Source »

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