Bennington BannerBennington Banner: News in Depthhttp://www.benningtonbanner.com/news/http://feeds.benningtonbanner.com/mngi/rss/CustomRssServlet/509/204515.xmlEven Harvard feels a pinchWednesday, November 12
You know the financial meltdown is bad when even Harvard is feeling the pinch.
Harvard — America's oldest university and the world's wealthiest — helped pioneer a model of diversified endowment investing that many colleges have copied, branching into exotic investments like timber and private equity.Wed, 12 Nov 2008 10:01:05 ESThttp://www.benningtonbanner.com/news/ci_10962245?source=rsshttp://www.benningtonbanner.com/news/ci_10962245?source=rssGiant automaker issues dire warningSaturday, November 8
DETROIT, Mich. — General Motors Corp. reported a $2.5 billion loss in the third quarter and warned Friday that it could run out of cash in 2009 if the U.S. economic slump continues and it doesn't get government aid.
GM also said it has suspended talks to acquire Chrysler.TOM KRISHER, and JEFF KAROUB AP Business WritersSat, 8 Nov 2008 03:03:36 ESThttp://www.benningtonbanner.com/news/ci_10933702?source=rsshttp://www.benningtonbanner.com/news/ci_10933702?source=rssLike Abe and FDR before him, Obama faces crisesSaturday, November 8
WASHINGTON — All presidents are tested. Few walk into the Oval Office when the nation is in the throes of multiple crises.
Like Franklin Delano Roosevelt, President-elect Obama is facing a banking emergency.
Like President Lincoln, Obama is trying to patch up national divisions.DEB RIECHMANN, Associated Press WriterSat, 8 Nov 2008 03:03:36 ESThttp://www.benningtonbanner.com/news/ci_10933701?source=rsshttp://www.benningtonbanner.com/news/ci_10933701?source=rssByrd steps down as Appropriations panel chairmanSaturday, November 8
WASHINGTON — Sen. Robert Byrd, the longest-serving senator in history, is stepping down from his cherished post as chairman of the Appropriations Committee.
Byrd, 90, has become increasingly frail in recent years, and the move didn't come as a surprise.
The West Virginia Democrat is a Senate icon and a legend in his own state, where he's single-handedlyANDREW TAYLOR, Associated Press WriterSat, 8 Nov 2008 03:03:35 ESThttp://www.benningtonbanner.com/news/ci_10933700?source=rsshttp://www.benningtonbanner.com/news/ci_10933700?source=rss