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...Finally, the GDP number reflects the pitiful condition of the U.S. economy at the end of last year and the historical dimension of the current recession," wrote Harm Bandholz, U.S. economist at Unicredit Research, in a note to clients. (See TIME's "25 People to Blame for the Financial Collapse...

Author: /time Magazine | Title: A 6.2% Drop in GDP: Is the Worst Yet to Come? | 2/27/2009 | See Source »

...know it is spiraling out of control, and no one—not even Savior-In-Chief President Obama—knows what to do. Everyone, from salt-of-the-Earth Middle Americans, to class of 2006 Harvard economics graduates, is losing his job. That more than a few current seniors will likely be spending the coming year living in Mom’s house, “working things out,” has gone from an unspoken reality to a common experience. Who knew a little banking crisis could make such a stir? Prior to the recent downturn...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Economy Collapses, Artists Start Revolution | 2/27/2009 | See Source »

...also canceled similar agreements with other schools including MIT and the University of Michigan. The abrupt termination of the program left Harvard administrators scrambling to find ways to maintain their commitment to financial aid across the University. University President Drew G. Faust has repeatedly said that Harvard will sustain current levels of graduate student financial aid for the next year—which she has deemed one of the University’s top priorities—even at the expense of other programs in school operating budgets. In the past year, the University had rolled out a series...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Harvard Inks Loan Deal for International Students | 2/27/2009 | See Source »

...naturally say great things about you, but I think all this has been noticed across the world,” Kagan says.NO LONGER AN AFTERTHOUGHTDespite the structural problems that Law School faculty and administrators freely acknowledge, most negative impressions of the Law School from both former and current students seem to com from a vague sense of neglect and disregard from professors and administrators, rather than specific grievances.Law School Professor Carol S. Steiker ’82, who served as president of the Law Review when Kagan was supervising editor, says the competitive atmosphere was a source of discontent among...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERS | Title: Kagan's Legal Legacy | 2/27/2009 | See Source »

...public school system, Schuster said he was originally encouraged to run for school committee by the Green-Rainbow Party of Massachusetts. Schuster, then working as a teacher in CPS, said he noticed that the committee lacked teacher representation. When he was elected, he was the only current teacher on the committee. During his time on the committee, Schuster said he emphasized civics education and helped start a sub-committee to improve the way the school committee’s decision-making process. Schuster said that he, along with other members, strove to help the committee to work...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Member of Cambridge School Committee Will Not Run for Re-Election After Two Terms of Service | 2/27/2009 | See Source »

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