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...powerful effect. Creditors of other SWIFTs, awakened to the risks involved, began to refuse to roll over short-term loans. This has led to further liquidations, bigger fire-sale discounts, and a cascading effect. To date, over 50 SWIFTs, representing over $700 billion in assets, have failed. Yesterday, it was reported that Berkshire-Hathaway was in discussions to acquire Magna-SWIFT’s wind-farm assets for 30 cents on the dollar...

Author: By Jeremy C. Stein | Title: The Next Financial Crisis | 5/27/2010 | See Source »

...Harvard Business School’s class of 2010 celebrated their past two years as MBA students and their future prospects at a Class Day ceremony with friends, faculty, and family yesterday...

Author: By Tara W. Merrigan, CRIMSON STAFF WRITER | Title: Speaker Pushes For Creativity at Business School Class Day | 5/27/2010 | See Source »

...Reserve Officer Training Corps commissioned 11 Harvard College graduates as officers in the U.S. armed forces at a  ceremony yesterday, attended for a third year by University President Drew G. Faust, who said she hopes for a stronger relationship between the University and the military...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: At ROTC Ceremony, Faust Calls for Strong Relationship With Military | 5/27/2010 | See Source »

...adress yesterday Faust repeatedly emphasized the University’s strong connections to the armed forces that predate the controversy...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: At ROTC Ceremony, Faust Calls for Strong Relationship With Military | 5/27/2010 | See Source »

Faust’s decision to speak at commissioning ceremonies has garnered strong reactions from both sides of the issue. ROTC graduates said yesterday that they felt supported by Faust—who also gave them a book by West Point instructor Elizabeth Samet about teaching literature through war and peace...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: At ROTC Ceremony, Faust Calls for Strong Relationship With Military | 5/27/2010 | See Source »

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