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Benjamin J. Heller ’94, a managing director at the hedge fund HBK Investments who has known El-Erian professionally for a decade, said yesterday that El-Erian’s legacy would be his rebuilding of HMC’s internal management team in the wake of Meyer’s departure...

Author: By Claire M. Guehenno and Laurence H. M. holland, CRIMSON STAFF WRITERSS | Title: HMC Chief Steps Down | 9/12/2007 | See Source »

...Diet, with an ambitious call to remake the country's postwar system, to create what he termed "a beautiful Japan." His vision was of an influential and energetic Japan, one that would not be bound by the pacifism that he believed had been forced on the Japanese in the wake of World War II, a nation whose presence on the geopolitical stage would finally match its economic muscle...

Author: /time Magazine | Title: After Abe's Exit, Will Japan Retreat? | 9/12/2007 | See Source »

...wake of the summer’s subprime mortgage meltdown, Harvard economists are divided on the course of action Federal Reserve Chair Ben S. Bernanke ’75 should take at the Fed’s upcoming policy meeting. Subprime mortgages—loans which banks make on highly favorable terms to potential homeowners with weak credit histories—became common in recent years, but a rash of recent defaults has sent the mortgage industry into turmoil. Amidst worries that the mortgage crisis could be causing a general economic slowdown, many argue that an interest rate...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: Economists Divided Over Fed's Next Move | 9/10/2007 | See Source »

...Durwood provided 36 assists and Mays added 15, giving way to the offensive onslaught from McKinley (17 kills), Mahon (13), Trimble (12) and senior Mimi Hanley (11). Mahon also posted 11 digs to record a double-double.Wofford’s steal of game two provided a “wake up call,” according to Trimble.“At no point in our minds was there any thought that they were going to beat us,” Trimble said. “So when they did, we picked up the energy—turned things around...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Women's Volleyball Finishes Second at Harvard Invitational | 9/9/2007 | See Source »

...native Bavaria. He will again deliver a series of speeches in German, including an address Friday evening to a gathering of international diplomats in Vienna that touched on some hot-button issues facing world leaders. Speaking with a slightly hoarse voice, the Pope delivered something of a wake-up call to Europeans who "need to make their political importance felt" in troubled regions like Darfur and the Middle East, and in the fight against poverty. "Europe has a unique responsibility in the world," Benedict said. "First of all, it must not give up on itself. The continent which, demographically...

Author: /time Magazine | Title: Will The Pope Behave in Austria? | 9/6/2007 | See Source »

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