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...magic of Casey is that he is the ultimate professional in whatever he does ... He enlightens, he explores, he suggests, he provokes, and he informs." - Radio and TV personality Gary Owens, who worked with Kasem in the early 1980s for an annual UNICEF radio drama. (Billboard, April...

Author: /time Magazine | Title: Radio Host Casey Kasem | 7/7/2009 | See Source »

Christopher Foote, a senior economist at the Federal Reserve Bank of Boston, who studied negative equity in Massachusetts during the late 1980s and early 1990s when home prices dropped 23%, argues that most walk-aways are likely driven by the combination of two things: both negative equity and an economic hardship, such as job loss. (See 10 ways your job will change...

Author: /time Magazine | Title: Mortgage Defaults: Many Are Intentional, Study Finds | 7/7/2009 | See Source »

Larry Summers, now the top economic adviser in the Obama White House, was a proponent of such taxes in the 1980s and early 1990s. There's no hint of them in the Administration's 88-page white paper on financial regulation. There is talk of higher capital requirements, tougher consumer-protection standards and new rules for derivatives. But taken as a whole, the document sketches a regulatory approach that still relies heavily on judgment and smarts. Maybe it's time for some dumbing down...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

...early 1980s, Shonibare returned to England to attend the Wimbledon College of Art, but he had been there only a few weeks when he collapsed one day in class. The cause turned out to be transverse myelitis, an inflammation of the spinal cord, which for a time left him largely paralyzed. Now he can walk again, though with difficulty...

Author: /time Magazine | Title: Decaptivating | 7/6/2009 | See Source »

...China blames ongoing unrest in the far-flung province on separatist groups seeking an independent state of East Turkestan. During the 1980s and early '90s, Xinjiang experienced a number of bombings and protests, but it had been quiet up until the time of the Beijing Olympics in August 2008. In the lead-up to the Games and after, separatist groups allegedly staged several fatal attacks on Chinese security forces. Responsibility for two deadly bus bombings in Shanghai and Yunnan province during the same period, meanwhile, was also claimed by a Uighur separatist group, a claim Beijing denies, calling the incidents...

Author: /time Magazine | Title: China: At Least 140 Dead in Xinjiang Province Clashes | 7/6/2009 | See Source »

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