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...many ways, a market that keeps going down is a good market. If it has momentum in one direction, it may transfer that energy to a leg up. That happened in the late 1930s going into the 1940s and happened again at the beginning of the current decade...

Author: /time Magazine | Title: The Market Can't Keep Going Down | 3/6/2009 | See Source »

...named to protect his relationship with the University. “But now, unfortunately, since we cannot grow, the situation involves making choices.”The delay has compelled the University to plan to relocate stem cell researchers originally bound for Allston to a Cambridge facility currently occupied by faculty members in the MCB department—a move that has triggered backlash from professors who object to the administration’s apparent prioritization of stem cell research at the expense of their own discipline.‘NETHERLAND’Harvard’s stem cell researchers...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Life Science Conflict Grows from Stem Cells | 3/6/2009 | See Source »

...United States currently faces an approximately 20 percent probability of entering into an economic depression, according to a Wednesday Wall Street Journal opinion piece penned by Harvard Economics professor Robert J. Barro. Drawing upon the financial statistics of 251 previous stock-market crashes and 97 depressions, Barro wrote that “the odds are roughly one-in-five that the current recession will snowball into the macroeconomic decline of 10% or more that is the hallmark of a depression.” Barro also wrote that he was skeptical about the effectiveness of the current federal stimulus package...

Author: By Marc G. Steinberg, CONTRIBUTING WRITER | Title: Professor Projects Likelihood of Economic Depression | 3/6/2009 | See Source »

Faust hints that Lincoln's ability to keep the tub from sinking should gives us hope even with the current state of the union. But I wonder, as our endowment leaks and our army retreats from Allston, could Faust's reading of Lincoln could have ramifications closer to home...

Author: By Samuel P. Jacobs | Title: Tubs and Bottoms | 3/6/2009 | See Source »

...income doing maintenance work on public buildings; close to 13,000 former inmates have found jobs through the organization, and simply enrolling there cuts the chances of landing back in prison by half. "Our people are usually in the back of the line for jobs, but [in the current economy] that line just got a lot longer," says CEO and executive director Mindy Tarlow, who notes that it is taking twice as many calls these days vs. the pre-recession days (200 vs. 100) just to get a lead on a job. (See 25 people to blame for the financial...

Author: /time Magazine | Title: Another By-Product of the Recession: Ex-Convicts | 3/6/2009 | See Source »

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