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Until recently, economists had done shockingly little work in this area. "Nobody had looked at the flip side, which is, Can there be costs?" says Thomas Philippon, a young Frenchman who teaches finance at New York University's Stern School of Business. "That is because it's harder to measure, and it's a bit more controversial." Philippon has begun trying to fill this research gap, and while he hasn't come up with definitive answers, he has made some very interesting discoveries. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Are Bankers Worth Their Big Paychecks? | 11/9/2009 | See Source »

...targeted an Islamic university, shopping centers and police academies, have done the seemingly impossible: turned Pakistani public opinion against militants who had formerly been considered holy warriors fighting international forces in Afghanistan. That has allowed the army to go in with popular support. "This operation is not against an area or a tribe," says military spokesman Major General Athar Abbas. "The objective is to regain the space lost last year when Baitullah Mehsud declared war on the state of Pakistan...

Author: /time Magazine | Title: Pakistan Doubles Down Against the Taliban | 11/9/2009 | See Source »

...intentions to root out insurgency, the military has been forced to make risky deals. Most civilians have fled the area of fighting in South Waziristan, enabling the army to use extensive airpower against militants without fear of collateral damage. But there are only 28,000 ground troops in an area the size of Rhode Island, fighting a well-fortified enemy that has bunkers, ammunition depots, land mines and an extensive network of caves. To prevent TTP fighters from escaping over the border to Afghanistan, the army has reached out to what it perceives to be the lesser evil - militant groups...

Author: /time Magazine | Title: Pakistan Doubles Down Against the Taliban | 11/9/2009 | See Source »

...pretty sure I hit the goalie right in the chest,” Buesser said, “which is usually not a great area for rebounds, but it somehow popped...

Author: By Madeleine Smith, CONTRIBUTING WRITER | Title: Shutout Gives Harvard 500th Win | 11/9/2009 | See Source »

Producer Nan L. Bernstein said that the “FNL” shoot was the last of a series of scenes that took place in a number of colleges in the Boston area, including Boston University, Boston College and Tufts University. Actresses Connie Britton and Aimee Teegarden were present at the set, according to Bernstein...

Author: By JOANNE S. WONG, CONTRIBUTING WRITER | Title: Lights, Camera.. Filming! | 11/9/2009 | See Source »

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