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...Junior Common Rooms will no longer be the only student “hangout” space in the house. Aside from improving social spaces, many of the report’s recommendations, such as eliminating walk-throughs, remodel Harvard’s archaic designs in ways that ensure greater student privacy and well-being...
...tide is against such critics. As Stark of the ECB put it in a speech this month, "the simple statement that 'if banks are too big to fail, they are probably too big to exist' is a reasonable rule." The postcrisis financial system, he predicted, "will probably place greater emphasis on traditional banking activities, which tend to produce lower margins, but are also more robust, less risky and less volatile...
...Taming the Markets Regulators on both sides of the Atlantic are trying to limit abuses that led to the meltdown, such as the reckless issuance of subprime mortgages. In the U.S., the Treasury Department and lawmakers are seeking to bring greater transparency to the arcane world of financial derivatives by requiring the trading of them to be done through central clearing houses. Meanwhile, Trichet's group of central bankers wants banks to put up additional capital if they engage in especially risky types of financial market transactions. As the financial services industry braces for tougher oversight, it's keeping...
...reform reduced the size of the audience that students face in Ad Board hearings from 35 administration and faculty members to a smaller sub-committee. Students will also have greater flexibility if they wish to select an advisor other than their resident dean...
...There was no plot against me. There was no setup. It was all my fault. I think that my wrongdoing was much greater than Bill Clinton's." - On having sex with a 13-year-old in 1977. Esquire, December...