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...October 1987 crash. American investors, it seems, are still worried about what may be on financial companies' balance sheets. The ad-hoc nature of the European response to its banking crisis has also raised concerns. Investors were clearly worried that even if a global financial meltdown is averted, a broad recession may be inevitable. And so, as governments attend to one crisis, the markets discover another to fret about - and the cycle of panic continues...

Author: /time Magazine | Title: Wall Street's Crisis: When All News is Bad News | 10/7/2008 | See Source »

...Flier said, adding that the Medical School is also ready to contribute financially to the institute. “But coming as it is with certain, specific intentions of the donor, it does not fully do what I believe the University will want to do in the broad area of bioengineering...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Receives $125 Million for Biological Engineering | 10/7/2008 | See Source »

Five students interviewed by The Crimson called for a broad-based change to economic policy, and criticized the bailout for not addressing the systemic issues that have caused the financial crisis...

Author: By Sofia E. Groopman, CONTRIBUTING WRITER | Title: Students Slam Wall Street 'Greed' | 10/6/2008 | See Source »

...most depressing stories. Several of the continent's fastest-growing economies are former war zones, such as Angola, Mozambique and Liberia, and - with Angola a notable exception - many of those are also showing most improvement in governance. The index assesses national governments against 57 criteria divided into five broad categories: safety and security; rule of law, transparency and corruption; participation and human rights; sustainable economic opportunity; and human development. Most improved over the past year, for example, was Liberia, which lost more than 250,000 people in two civil wars between 1989 and 2003, but this year rose six places...

Author: /time Magazine | Title: Amid Global Gloom, Good News from Africa | 10/6/2008 | See Source »

...Williams says the project has achieved its stated goals on a much slimmer budget and still has sufficient funds to sustain the campaign through March 2009, its original end date. Of the initial $60 million pledge, he adds, "That was always an 'up to' aspirational goal." The Broad Foundation did not return calls for comment...

Author: /time Magazine | Title: An Early End to the '08 (Education) Campaign | 10/4/2008 | See Source »

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