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These four families rose fast and fell hard. Meticulous research culled from courthouse records, archives and interviews with descendants of the Big Four make The Big Rich a page-turning tale with well developed characters that seems boxed up and ready for the silver screen. It's impossible to read this book and not think of the 2007 film There Will Be Blood, which put the ruthless business of land rights and oil drilling into sharp focus. Burrough's tome, though, is broader and explores not just the greed, wealth and risk of early twentieth century American oil prospecting...

Author: /time Magazine | Title: The Big Rich | 2/2/2009 | See Source »

...check or income verification. The mortgages often carried very low interest rates in their first three years which reset to much higher numbers after that period. Homeowners found their monthly mortgage payments spiking up and, in many cases, they could no longer afford to make these payments as employment fell across the economy...

Author: /time Magazine | Title: Finding the Man Who Started the Global Recession | 2/2/2009 | See Source »

...mentality at Blodgett Pool this weekend for the Harvard women’s swimming and diving team, but in the end, the team effort fell just short.Powered by a few individual stars, Princeton (6-0, 6-0 Ivy) held off the Crimson (6-1, 6-1), 170.5-148.5, in head-to-head competition at the annual HYP double-dual meet. Harvard handily beat Yale (5-4, 3-3), 232-87.“We swam absolutely the best that we could swim,” Crimson coach Stephanie Morawski said. “We had a game plan...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson’s Bid for Perfection Spoiled | 2/1/2009 | See Source »

...definitely going have a good four years ahead of him.” With the women’s alpine team captain out due to injury, the team struggled against other competition in both the Giant Slalom and Slalom events. In the Giant Slalom, freshman Caroline McHugh fell in her second run after posting a time of 1:23:33, earning no points for the team. In the Slalom, McHugh managed to complete her two runs, but finished 49th with an overall time of 2:00.11. The men’s Classic Sprints event featured junior Trevor Petatch, who paved...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Races Bring Mix of Results | 2/1/2009 | See Source »

Even without doing the math, you probably get that the government's financial-rescue effort is failing. The signs are hard to miss. Your friend in finance got pink-slipped. A house sale down the street fell through because the buyer couldn't get a mortgage. A local bank is closing a nearby branch or maybe shutting down altogether...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

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