Word: thus
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Dates: during 2010-2019
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Washington, D.C., May 27, 2025. Just four months into his first term, President Scott P. Brown faces what is rapidly becoming a severe financial crisis, with the collapse yesterday of yet another Stable Wind Farm Trust. The failed institution, Magna-SWIFT, is the largest thus far, with over $90 billion in assets. Rumors also continued to swirl about the condition of the Houston Power House, one of the nation’s largest clearinghouses specializing in weather and power derivatives. Experts warned that a major clearinghouse failure could have devastating implications...
...Thus far, consumers and non-energy-related businesses have not felt much of a credit pinch. Yet, analysts warn that, in spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said Nouriel Roubini of NYU. “Sure, the banks look healthy now. They have been well-regulated and very prudent. But somebody is going to have to buy up trillions of dollars of these liquidated wind-farm assets. The huge discounts will make it impossible for the big banks...
Though the governance review is still underway with conclusions as of yet unknown, Business School professor and governance expert Jay W. Lorsch points out the remarkable longevity of Harvard’s governance structure thus...
...ability to read Shakespeare closely or to dissect a painter’s artistic intent? Part of the answer rests on the intellectual value of tackling a wide range of problems, hence gaining broad facility with ideas drawn from many fields. Problems are infamously disrespectful of boundaries, and thus solutions often demand openness to the approaches and lessons learned from seemingly disparate fields. To focus one’s intellectual passion is clearly worthwhile, but to do so with blinders on is to risk a narrowness of perspective that becomes limiting later on. It is this appreciation of breadth...
Interdisciplinarity does not replace deep and detailed engagement with individual fields; rather, it provides freshmen with an engaging context that motivates the in-depth pursuit of a particular science. Thus, not only does science belong as an integral part of a liberal-arts curriculum, but the fundamental principles of the liberal-arts approach are fully convergent with the interdisciplinary teaching of science. It is time we stopped viewing science as simply one of several specialized plug-ins that go into a liberal-arts curriculum and focused instead on the benefits of integrative thinking both within the natural sciences and between...