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...loans. Those loans to builders are a big concern for local banks, and Robson worried that foreclosures on residential real estate developments would continue if no help arrives. What's more, no one is predicting that the economic stimulus will put the job market in the positive category anytime soon. The White House predicts the stimulus bill will create about 200,000 jobs a month for the next three months. That would be a significant jump from the 50,000 jobs or so it has created for each of the past three months. But it is still far less than...

Author: /time Magazine | Title: A Biden Show-and-Tell: How the Stimulus Has Created Jobs | 6/3/2009 | See Source »

...major university,” Earle recalls. “I didn’t even know such a job existed.” While HMC has had five different CEOs since 2005, Mendillo says that she has no intention of leaving Harvard anytime soon. “This job will never get routine,” Mendillo says. “It’s very challenging, but it has a lot of inherent variety and intellectual interest.”A SHORT HIATUSIn her early years at HMC, Mendillo gained experience investing nearly all of the endowment?...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Despite Tough Year, New HMC Chief Remains Optimistic | 6/3/2009 | See Source »

...challenges that greeted Hammonds in her professional life over the past year, as well as her reserved personality, have prevented her from gaining the trust of the student body as the chief College administrator. And in her personal life, the diagnosis of her wife, Alexandra, with cancer soon after her acceptance of the deanship has compounded the struggles of the past year...

Author: By Lauren D. Kiel and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: A Disconnected Dean | 6/3/2009 | See Source »

Some Quadlings who subscribe to AT&T and suffer from poor cell phone reception may soon find it easier to communicate. According to an e-mail from Associate Dean of Residential Life Suzy M. Nelson to Quad House Masters obtained by The Crimson, a team assembled to address cell phone reception problems in the Quad has agreed with AT&T to install a temporary and later a permanent antenna beginning as early as August, pending approval from the City of Cambridge. The approval process for a permanent antenna could be completed in six to nine months, and the antenna would...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: AT&T To Add Antenna To Better Quad Service | 6/3/2009 | See Source »

...Forst, who “hit the ground running” in June before his official start date, soon became one of Faust’s closest advisers, University Provost Steven E. Hyman says of his “administrative twin.” In the newly created role of EVP, Forst was responsible for managing Harvard’s finance, administration, and human resources offices—all of which previously reported directly to the President. And Forst—as well as his financial expertise—has proven invaluable to Faust over the past year...

Author: By June Q. Wu and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Behind Closed Doors | 6/3/2009 | See Source »

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