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Early on, the majority of people seemed to heap the most blame on barely regulated financial products, like credit-default swaps, which brought down AIG; mortgage brokers and their lax lending standards; and Wall Street bonus checks that rewarded short-term profits over prudent business decisions. Goldman Sachs, too, has...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

This shift is being driven by a global economy in which the U.S. is no longer the undisputed engine of growth. India's IT powers, among them companies like TCS, Infosys Technologies and Wipro, rose to prominence largely on the decisions made by American executives, who were quick to capitalize...

Author: /time Magazine | Title: Outsourcers Go Global | 1/11/2010 | See Source »

Crucially, those artists also taught at academies like the Mayo School of Art in Lahore, later revamped as the National College of Arts (NCA). In an essay in Hanging Fire, Pakistani novelist and TIME contributor Mohsin Hamid, who had friends who went to NCA in the 1990s, writes: "The place...

Author: /time Magazine | Title: Beyond the Bullets | 1/11/2010 | See Source »

But Harvard settled down in its defensive zone and then took to the attack. The Crimson cut the deficit in half 11:45 into the first, when senior forward Anna McDonald scored off of junior Ashley Wheeler’s assist.

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Harvard Stumbles After Month-Long Layoff | 1/10/2010 | See Source »

With a number of injuries making the success of Harvard wrestling uncertain, the squad emerged from its first weekend of dual meets to prove one thing—the Crimson will not go down without a fight. Harvard (1-1-1) split its slate of contests, topping Franklin & Marshall, 29...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Grapplers Split First Dual Competitions | 1/10/2010 | See Source »

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