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...University of Maryland, finance concentrators - that is, the students who are specially trained to grasp the models - are so steeped in the particulars that they don't always see the forest for the trees. They get the math, but they don't pay attention to systemic issues within the broader economy; it's a by-product of degree programs that encourage students to take a narrow focus too early on in their studies. "In medicine you become a doctor first, and then you become a specialist," Morici says. "In finance, you just become a specialist...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

...handoffs from fifth-year senior Chris Pizzotti to sophomore Gino Gordon moved the Crimson from their own 34 to the Crusader 29. After a 28-yard pass to junior receiver Matt Luft, Pizzotti rushed the ball in for his first rushing touchdown of the night, bringing Harvard to within five.Then the defense took over, wasting no time in holding preseason All-American quarterback Dominic Randolph and the Holy Cross offense to a three-and-out, 58-second possession.Pizzotti then took the reigns, splitting passing targets between Luft, Gordon, and sophomore wideout Chris Lorditch, and again completing a quarterback sneak from...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: Fourth-Quarter Heroics Yield Victory Under Lights | 9/20/2008 | See Source »

...their unanimous decision to remove him from office following allegations that he had used the country's law-enforcement system to undermine Zuma's chances of succeeding him. ANC Secretary General Gwede Mantashe said in a statement that the decision had been taken in order to "heal the rifts" within the party caused by the bruising power struggle between Mbeki and Zuma, that was finally resolved in Zuma's favor last December. Later in the day, Mbeki's office issued a statement saying that the President would "step down after all constitutional requirements have been met," an act of capitulation...

Author: /time Magazine | Title: Why South Africa's Mbeki Resigned | 9/20/2008 | See Source »

...only after the elections. Although Mbeki has been a lame duck ever since Zuma wrested the ANC leadership from him at last December's party leadership conference, Saturday's move to accelerate Mbeki's ouster has raised fears of growing instability in Africa's largest economy, with bitter divisions within the ANC likely to grow more rancorous. While Zuma's supporters have long claimed that their leader is the victim of a political conspiracy orchestrated by Mbeki, on Saturday it was Mbeki's supporters who decried the party's harsh treatment of the departing leader. "This has been a brutal...

Author: /time Magazine | Title: Why South Africa's Mbeki Resigned | 9/20/2008 | See Source »

...Democratic Republic of Congo and, most recently, Zimbabwe - has instead faced a string of humiliating defeats, and leaves office much diminished. The ANC, too, is likely to be weakened by its decision, which also seemed to suggest that Zuma is not necessarily in control of the coalition of forces within the party that brought him to power...

Author: /time Magazine | Title: Why South Africa's Mbeki Resigned | 9/20/2008 | See Source »

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