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Dates: during 2000-2009
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...rating securities and minimize conflicts of interest. “The status quo isn’t good enough,” said SEC Chairwoman Mary Schapiro at a roundtable discussion on the subject last week. While some problems with rating agencies are indeed structural, there are more basic issues of risk-taking behavior at stake that cannot be changed simply through regulation, cooperation, or incentives...

Author: By Noah M. Silver | Title: Risky Business | 4/21/2009 | See Source »

...These days, the auctioneers are selling more than just art, antiques and the furniture from Aunt Esther's estate. As the economy fell, so did the demand for discretionary items sold at most community auctions across the country. Desperate for new revenue streams, auctioneers have started selling basic grocery store items to help pick up the slack. Hungry for bargains, shoppers have started bidding on fruits and vegetables. As long as the final offer comes in below the grocer's retail price, they'll save a few bucks on the essentials. "Right now, the auction business is in a downfall...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

Taken together, the Suleiman team is hoping that it can do to Lebanon what American mayors such as Rudolph Giuliani did for American cities in the 1990's. Employing a "broken window" theory of governance, they are hoping that by restoring law and order to the basic parts of public life, they can create an appetite among all Lebanese for law and order in all aspects of government...

Author: /time Magazine | Title: Can a Broken-Windows Policy Work in Lebanon? | 4/19/2009 | See Source »

...That same area of the brain is also strongly interconnected with neural networks that regulate some of the body's most basic functions, such as breathing and blood pressure, which indicates that complex social emotions build on systems that evolved early, including those essential to our survival. "It is important to realize that they recruit the brain in a very deep manner," says Antonio Damasio, one of the authors of the study published online this week in the Proceedings of the Natural Academy of Sciences and the director of the Brain and Creativity Institute at University of Southern California...

Author: /time Magazine | Title: Study: Admiration Rooted in the Brain | 4/17/2009 | See Source »

...suggest that the recognition of physical skill or pain is distinct from the more complex responses of compassion and admiration for another's emotional anguish or success. When reacting to something physical, the parts of the brain that light up are associated with the regulation and sensation of our basic body structure, or musculoskeletal composition. For the more intricate emotions, the regions involved in keeping our organs, or viscera, pumping and running smoothly are brought on board...

Author: /time Magazine | Title: Study: Admiration Rooted in the Brain | 4/17/2009 | See Source »

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