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...Hold More Cash This crazy ride may not be over. So the more cash you have in short-term securities like bank CDs, interest-bearing checking accounts, money-market mutual funds and Treasury bills, the better shape you'll be in to ride out a market slump and invest again when the economy stabilizes. Typically, a decent cash cushion is three to six months' worth of living expenses if you are working and 12 months' worth or more if you are retired. Double the cushion if you can. "Believe me," says William Jordan, president of the Sentinel Group, financial planners...

Author: /time Magazine | Title: Surviving the Wall Street Storm | 9/30/2008 | See Source »

...including several from Harvard—are a handful of those who have vocally denounced Paulson’s bailout plan. Possibly more disturbing than the economic flaws of the program are the ethical issues. As the former CEO of Goldman Sachs, Paulson has a conflict of interest. It seems that it would be really difficult for Paulson—or anyone given control of $700 billion—to resist helping out his former business buddies. Not surprisingly, Goldman Sachs has much to gain under the plan. If none of these reasons send out warning bells to Americans...

Author: By Nafees A. Syed | Title: Hank Paulson: CEO of America | 9/29/2008 | See Source »

...great.”It was personal connections that led Hatch to Harvard, and those same connections eventually led him to LSU. He was recruited out of high school by Gary Crowton, then the head coach at Brigham Young University. When Crowton was fired, Hatch lost interest in BYU, and Crowton made a call to Murphy suggesting that he take a look at Hatch. A few months later, Hatch was a Harvard student and spent his year in Cambridge practicing with the JV squad.Following his freshman year, Hatch took a leave of absence to go on his Mormon mission, traveling...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: Hatch Geauxs Deep | 9/28/2008 | See Source »

...particular interest is a 2005 psychology paper published in Science by Alexander Todorov of Princeton and his colleagues, which concludes that “rapid, unreflective trait inferences can contribute to voting choices,” rather than deliberative reasoning. In trials the researchers vindicated their hypothesis: Almost 72 percent of Senate race outcomes were successfully predicted simply by showing a sample of the electorate pictures of the candidates for whom they could vote for milliseconds at a time, and asking them to make snap judgments on those candidates’ competence...

Author: By James M. Larkin | Title: Skin Deep | 9/28/2008 | See Source »

...University of Mississippi, was initially supposed to focus on issues of foreign policy, but the host, Jim Lehrer of PBS, took the first portion of the debate in the direction of economic issues due to the recent financial crisis. The discussion covered a range of issues of interest to Harvard students. As the debate was beginning, Kimberly N. Foster ’11, who watched at the SOCH, said, “I think the war question is always really interesting. John McCain is always portrayed as a warmonger, so I’m curious about how well he will...

Author: By Anna S. Roth, CONTRIBUTING WRITER | Title: Students Assemble Across Campus to Watch Obama and McCain Duke It Out | 9/28/2008 | See Source »

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