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...hundred billion in crummy mortgage loans compared with a $13 trillion U.S. economy or a $54 trillion world economy? - failed to grasp that possibility. It turned out that Wall Street's greed - and by Wall Street, we mean the world of money and investments, not a geographic area in downtown Manhattan - was supplemented by ignorance. Folks in the world of finance created, bought, sold and traded securities that were too complex for them to fully understand. (Try analyzing a CDO-squared sometime. Good luck...
Harvard students braved a long line on Mass. Ave. yesterday to get their hands on free homemade ice cream at J.P. Licks. The local company, which has eight locations throughout the Greater Boston area and moved into Harvard Square early this summer, created the promotion to appeal to college students returning to the city for the start of the new school year. Ice cream enthusiasts, bearing their ID cards to prove that they were students, endured a lengthy wait and unseasonably cool weather—but their excitement suggested that the free ice cream would be ample compensation...
...Robert P. Ciofani ’09. Shouts of “Petros! Petros!” could be heard even during the announcements asking the freshmen to stop dancing on the tables (the lone HUPD officer could only wave his flashlight at them) and stay away from the area behind the DJ booth. But Shields wasn’t the only center of attention. At one point in the evening, eight unself-conscious freshmen squared off in a contest for an iPod touch. The competitor with the most applause was Sam From Grays (otherwise known as Sam O. French...
While Mitchell said the “glitch in communication” would be fixed, an earlier exchange with HUPD spokesman Steven G. Catalano suggested that the area might need more work...
...nearly every speech on the subject, even though drilling has as much to do with the collapse of Wall Street financial firms or the falling job market as abortion does. The drilling issue may even help explain his choice of running mate - Sarah Palin's one area of true expertise can be said to be the politics of energy extraction...