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...under increased scrutiny as a result of the global recession, however, the Fed chief saw fit to grant the first television interview since his appointment to 60 Minutes correspondent Scott Pelley. The last time a Fed chair gave a television interview was in 1987 when Alan Greenspan appeared on Meet the Press - an interview that was followed the next week by the largest single-day drop in stock market history. So why Bernanke's change of heart? He responded to that question quite plainly: "It's an extraordinary time. This is a chance for me, I think, to talk...

Author: /time Magazine | Title: Federal Reserve Chairman Ben Bernanke | 3/16/2009 | See Source »

...walking tour, coordinated by Mattison, aimed to provide Harvard students and Allston residents with an opportunity to see the University’s impact on the community first-hand. For several residents—and the three Harvard students that attended—Saturday was the first time they saw the massive “hole in the ground” at the Science Complex site...

Author: By Bora Fezga and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Allston Looks for ‘Creative Solutions’ | 3/16/2009 | See Source »

Around the corner, the soldier who had been closest to the explosion, Private First Class Ratu Waqa Mawi, 26, of Fiji, called out. "This place," he said, jabbing his gun at a large stone house. "I saw him go in there." After his sergeant blew the lock off the door with a shotgun, "Maui Wowy" as he is known, raced into the house, screaming with fury. In a cool, dim room, he found his attacker - a 19-year old with a pubescent mustache, in a red and black Real Madrid tracksuit - sitting on a couch between two older women...

Author: /time Magazine | Title: In Ras al-Koor, the Iraqi Police Is More Feared than U.S. Soldiers | 3/15/2009 | See Source »

...They made him kneel against a wall and swabbed his hands and pockets for residual explosive materials. The test came up positive. Back in the house, a sergeant pointed this out to the young man's father, who continued to insist that there had been some mistake. "But we saw him, too, guy," said the sergeant...

Author: /time Magazine | Title: In Ras al-Koor, the Iraqi Police Is More Feared than U.S. Soldiers | 3/15/2009 | See Source »

...think this is the latest, depressing tidbit from the historic real estate bust in the United States, think again. The other former global growth engine - China - which saw its own real estate bubble expand in the last five years, has now got its own property market problems - and they're intensifying. (See pictures of Beijing's changing skyline...

Author: /time Magazine | Title: China's Own Version of the Real Estate Bust | 3/15/2009 | See Source »

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