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...Dirty Thirties when banks began hoarding newly created liquidity as insurance against a further downturn. "The fact is that since the failure of Lehman Brothers every bank in the world has been concerned with beefing up capital to survive the next few years," says Lawrence Booth, a finance specialist at the University of Toronto's Rotman School of Management...

Author: /time Magazine | Title: What Obama Can Learn From Canada on Bank Bailouts | 2/19/2009 | See Source »

...friends are joined by 13 other students in the two-day class taught by Pat Melendrez, an agriculture specialist with the university's extension service, who has been taking shears to sheep for more than 30 years. The idea is to train people who might be interested in meeting the annual shearing needs of small flocks, like the one Jenkins and his friends own. It's not cost-effective for professional shearers, who travel across the country from one large commercial flock to the next, to bother with small flocks...

Author: /time Magazine | Title: The Fine Art of Sheep-Shearing — for Fun and Profit | 2/18/2009 | See Source »

...treatment. The chaplains, like doctors, have a caseload of patients they visit on their rounds, taking what amounts to a spiritual history and either offering counseling on their own or referring patients to others. The Rev. Walter Smith, president and CEO of the chaplaincy and an end-of-life specialist, sees what his group offers as a health-care product - one that is not limited to believers...

Author: /time Magazine | Title: The Biology of Belief | 2/12/2009 | See Source »

...whose school districts can afford to absorb their children? In California, school officials are expecting to receive upwards of $8 billion over two years from the federal stimulus. While this money would enable districts to address some of their most pressing needs, John Mockler, an education-funding specialist in Sacramento, says, "It's not a panacea." In the long term, Mockler says, states need to come up with new funding sources to support classroom instruction and let teachers do what they were hired to do - teach...

Author: /time Magazine | Title: Making Reading, Writing and Recession Work Together | 2/12/2009 | See Source »

Though the University may not face the perils of disease or warfare, wrangling with a fiscal crisis may pose comparable difficulties, said Faust, a specialist in the history of the antebellum South...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Faust Hopeful at Faculty Meeting | 2/11/2009 | See Source »

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