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Krugman added that he thought that only a stimulus plan 50 percent bigger than the one proposed by the administration of President Barack Obama could rectify the self-reinforcing nature of the current economic crisis...

Author: By Manning Ding, CONTRIBUTING WRITER | Title: Economist Disapproves of Bailout | 2/10/2009 | See Source »

...solve the current economic problem, the government must be willing to run up a 40 percent budget deficit, Krugman said...

Author: By Manning Ding, CONTRIBUTING WRITER | Title: Economist Disapproves of Bailout | 2/10/2009 | See Source »

Gergen poked fun at the current stimulus bill, stating that the proposal’s approval rating is 20 percent lower than that of Obama himself...

Author: By Manning Ding, CONTRIBUTING WRITER | Title: Economist Disapproves of Bailout | 2/10/2009 | See Source »

...making a tidy profit every time a formal takes place. This is the most innocuous result, however. If these students, who almost certainly take pride in their financial acumen, have any political or business aspirations, they will eventually plague the broader community with their gouging methods. Given our current economic crisis and the recent impeachment of Illinois governor Rod R. Blagojevich (Senate seat: $500,000/OBO), there has been renewed discussion about ethical practices of our business and political leaders. Perhaps these leaders developed their avarice-driven ways in college, under the guise of entrepreneurship...

Author: By Shiv M. Gaglani | Title: Entrepreneurs or Extortionists? | 2/10/2009 | See Source »

Harvard’s endowment, valued at almost $37 billion last June, was buffeted by current financial conditions, losing roughly 22 percent of its value by the end of October and sending the University scrambling to find ways to trim costs. Amidst subsequent belt-tightening measures—including a hiring freeze on FAS staff announced in November—the specter of possible layoffs has loomed over some staffers worried that their jobs may be in jeopardy...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: FAS Considers Retirement Package | 2/10/2009 | See Source »

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