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Another factor that helped make Canada the new gold standard in banking was Ottawa's decision in the late 1980s to allow commercials banks to acquire investment dealers on Toronto's Bay Street, the country's financial hub. As a result, these institutions are subject to the same strict rules...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

With presidential elections approaching, Undergraduate Council members are speculating about possible candidates in an election insiders say will be fierce and competitive. Rumors have focused on four possible tickets, which are notable for their diversity and mix of UC insiders and outsiders.UC insiders are speculating that the two leading tickets...

Author: By Alex M. Mcleese, CRIMSON STAFF WRITER | Title: Rumors Swirl Over UC Election | 11/10/2008 | See Source »

China announced a huge economic stimulus package on Sunday, pledging to spend some 4 trillion renminbi - about $586 billion - on a wide range of moves designed to boost an economy starting to feel the effects of the worldwide financial crisis. The move was widely welcomed by economists and investors. The...

Author: /time Magazine | Title: A New Deal for China? | 11/10/2008 | See Source »

The roar of the Lions was reduced to a kitten’s purr Saturday, as No. 19 Harvard (7-1, 4-1 Ivy) pounded Columbia (1-7, 1-4), 42-28, in front of 12,437 fans at Harvard Stadium.Senior quarterback Chris Pizzotti led a relentless aerial attack on...

Author: By Dennis J. Zheng, CONTRIBUTING WRITER | Title: Back in the Thick of Things | 11/9/2008 | See Source »

But for the Las Vegas-based casino operator, a full-blown financial hurricane may be brewing. In a Nov. 5 filing to the Securities and Exchange Commission, Las Vegas Sands revealed its cash was drying up. For the first six months of 2008, according to the filing, the company's...

Author: /time Magazine | Title: All Bets Off for Las Vegas Sands' in Singapore? | 11/7/2008 | See Source »

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