Whose stock is rising—and whose isn't.
The Middle Class
Harvard’s decision to boost financial aid to families earning up to $180,000 a year hasn’t quelled congressional critics urging greater endowment spending, or skeptics who fear it will take money away from poor applicants. Even so, the move has won widespread praise and is welcome news for middle-class families struggling with Harvard costs nearing $50,000.
The influential geneticist is leading a team to compete for the Archon X Prize, a $10 million reward sponsored by the president of mining company Archon Minerals for the first group to sequence 100 human genomes in 10 days. It’s a long shot, but the payoff would be a new process for mapping genes cheaply and quickly.
The New York Times
The Times can hire virtually any columnist it wants, and it chooses … Bill Kristol? The addition of the Weekly Standard founder to the Times’ op-ed page may mollify critics who say the paper leans left. (Then again, it may not.) What the war-hoarse Kristol won’t do is make the page more interesting—or the Times more relevant.
The Mexican president’s cousin, Alfonso Reyes, was abducted and beaten by armed gunmen in January—a sign that that drug cartels may be fighting Calderon’s army by targeting his family.
The 28-year-old former Goldman Sachs banker who used inside info on upcoming mergers to scam nearly $7 million was convicted of conspiracy to commit securities fraud and insider trading and sentenced to almost five years in prison. Here’s the real question: You can’t make $7 million legally at Goldman Sachs?
Vanitas
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