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...buyers lined up for the failed institutions by the time they were taken over. Troubled banks are generally closed on a Friday and given to new owners over the weekend. In most cases, the failed bank's branches reopen with a new name on the door the following Monday. The one exception is IndyMac, which the FDIC decided to nationalize rather than sell off immediately. (See the worst business deals...

Author: /time Magazine | Title: Nationalized Banks: Why They Might Work | 3/6/2009 | See Source »

...Ph.D. in government from Harvard’s Graduate School of Arts and Sciences in 1991, will lead a weekly seminar series on transnational issues involving the intersection of governments, businesses, and NGOs. Beginning with a seminar titled “Women as Agents of Change” next Monday, the series is open to undergraduates, as well as KSG students. “Everybody is going to be excited about the seminar series she’s going to put on, particularly the students,” said Mary Crowley, staff assistant to the senior fellows. In addition...

Author: By Naveen N. Srivatsa, CONTRIBUTING WRITER | Title: State Official Joins Belfer Center | 3/5/2009 | See Source »

Researchers at Harvard Medical School and the Center on Media and Child Health reported on Monday that television has neither a positive nor negative effect on the cognitive development of young children...

Author: By Margherita Pignatelli, CONTRIBUTING WRITER | Title: TV Study Yields Mixed Results | 3/5/2009 | See Source »

...continue down Oxford Street, you will see two of Harvard’s most famous landmarks. Farthest away, you will find Northwest Labs, the inspiration for “2001: A Space Odyssey.” On the first Tuesday after the second Monday after the lunar equinox, the massive basement becomes an underground roller derby arena and home of human sacrifice...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERSS | Title: Prestige and Mobility: A Real Deal Tour for Junior Parents | 3/4/2009 | See Source »

...Israeli assault that ended in January. Until its last days, the Bush Administration not only had backed Israel's offensive against Hamas militants in Gaza but had also supported a punishing, 19-month economic blockade of the territory. At an international donor conference in Egypt on Monday, Clinton pledged $300 million for humanitarian aid to Gaza...

Author: /time Magazine | Title: Clinton Schmoozes in Israel — at the Right Length | 3/4/2009 | See Source »

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