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...general explanation being fed to the public for our current financial crisis also rests on this “ethic of greed.” Money-grubbing banks, so the tale goes, provided loans to homeowners who were clearly ill-equipped to repay them. Somewhere along the line, Wall Street CEOs and executives ignored their consciences and followed their wallets, seeking high returns while ignoring the potential ramifications of their imprudent lending practices...

Author: By Shankar Ramaswamy | Title: Greed Is Good | 2/8/2009 | See Source »

...world's largest and fiercest insurgencies, started targeting Colombian senators, governors and other power brokers, hoping to swap them for imprisoned guerrillas. The rebels also demanded a demilitarized zone to negotiate prisoner exchanges with government envoys. But conservative President Alvaro Uribe, who took office in 2002, refused to play along. With strong U.S. backing, he beefed up Colombia's once dysfunctional military and started delivering body blows to the FARC. Last year was the guerrillas' most disastrous year ever. The rebels lost three of their top seven commanders (two were killed, one died of old age); but the most stunning...

Author: /time Magazine | Title: Colombia: A Make-Over for Stumbling Rebels | 2/8/2009 | See Source »

...fourth of Israel's 5.2 million voters are still undecided, but if Tuesday's results mirror the earlier polls, Netanyahu is likely to lead a rightwing coalition cobbled together with Lieberman's party, along with the ultra-religious and nationalist parties, all of which oppose giving up land to the Palestinians for a future state, a solution pushed by the U.S. and the international community...

Author: /time Magazine | Title: Israel's Elections: Making a Hard Right | 2/8/2009 | See Source »

...School of Public Health study recently published in the BioMed Central Cancer journal. The study found an association between consuming smoked or cured meat and fish more than once a week and an increased risk of acute leukemia. Conversely, researchers concluded that subjects who ate vegetables and tofu regularly along with cured meats showed reduced risk for leukemia. The population-based case-control study, conducted in Taiwan, looked into the dietary habits of 515 subjects who ranged in age from two to 20 years-old. Researchers gathered data between 1997 and 2005. According to Professor of Medicine David C. Christiani...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Study Links Diet of Cured Meats to Leukemia | 2/6/2009 | See Source »

...Friday, the U.S. Navy's Bahrain-based 5th Fleet, which has deployed ships along the Somali coast to try to clamp down on piracy, said teams had boarded the Faina to provide food and medical help to the 20 crewmen on board. The captain died of a heart attack soon after the capture. "The U.S. Navy has remained within visual range of the ship and maintained a 24-hour, 7-days-a-week presence since it was captured," the 5th Fleet said...

Author: /time Magazine | Title: Pirates Free Ship, Doubts Remain on Destination | 2/6/2009 | See Source »

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