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...implications for foreclosures. As house prices continue to decline and more people find themselves paying mortgages above the value of their properties, the risk increases that they'll start walking away in droves. But "you have to be very careful in jumping to conclusions," says First American chief economist Mark Fleming. "Just because your house is worth less than your outstanding mortgage doesn't mean you're going to go into foreclosure or anything like that." Even for people awash in debt, homes are still places to live. If prices are given enough time to recover, they might still...
...some 7 million people who live about an hour away in the Boston; Hartford, Conn.; and Providence, R.I., regions. And skiers are staying local: skier days at Wachusett have risen 4%. "We are drawing the people that make a spontaneous decision to go skiing," says Tom Meyers, the marketing chief at Wachusett...
...lobbyists to push for a loose interpretation of the restrictions. Firms that have accepted TARP funds would be required to demonstrate that they have made concerted efforts to employ and avoid laying off U.S. citizens before hiring H-1B visa holders, said Kevin Casey, the University’s chief lobbyist. “It may be that employment horizons are slightly smaller for those graduating from some of these programs,” Casey said. Roughly one third of MBA candidates at the Business School are international students, and 45 percent of MBA students enter the financial services industry...
...will be prepared to move ahead with projects. While Harvard researchers anxiously await further guidance from federal grant-giving agencies, central administration officials are working with faculty across the science schools to provide the most up-to-date information on University prospects for federal funding, Harvard’s chief lobbyist Kevin Casey said this week. “We’re not directing,” Casey said, pointing out that the bulk of federally funded projects are investigator-driven. “We’re a hub of information.” The stimulus package provides...
...Bashir's government is accused of playing a key planning role in the Darfur conflict, which has killed some 300,000 people and displaced 2.5 million in five years. In July, chief prosecutor Luis Moreno-Ocampo sought an arrest warrant for al-Bashir on allegations that he oversaw plans to exterminate three ethnic groups in Darfur...