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...difficult to recover, because DNA doesn't keep long in a tropical environment. What's certain is that the scientific stakes are extremely high: if the Flores find is really a separate species, then the history of human evolution will have to be rewritten. Instead of automatically evolving toward bigger brains, at least one branch of humanity would seem to have evolved in reverse. Though each side is utterly convinced - as Eckhardt puts it: "We will be substantially right, and they will be substantially wrong," - the issue will probably be fought in open scientific combat for some time...

Author: /time Magazine | Title: The Hobbit Wars Heat Up | 8/22/2006 | See Source »

James Sanchez, 21, from the dusty high-desert town of Espaņola, N.M., is a senior at Davidson College in North Carolina and an aspiring neuroscientist. He figured that at a bigger school he would have been lucky to spend his lab time washing beakers for the star scientists. At Davidson, where there are no grad students, Sanchez's senior thesis is an integral part of a larger three-year study of memory and learning in rats that may offer new insights into Alzheimer's. His professor anticipates that the research will be published in a top-shelf neuroscience journal...

Author: /time Magazine | Title: Who Needs Harvard? | 8/21/2006 | See Source »

...world's largest private bank with $1.32 trillion in assets under management, had just 153 private bankers in Asia Pacific six years ago; earlier this year that number reached 600, most of them working in Hong Kong and Singapore. "By 2015, we expect the Asia-Pacific market to be bigger than the European market," says Kathryn Shih, the Hong Kong-based head of UBS's wealth-management operation in Asia Pacific. "The opportunities are huge." Says Sebastian Dovey, managing partner of Scorpio Partnership, a London-based consultancy to the wealth-management industry: "Asia Pacific is where most private banks...

Author: /time Magazine | Title: Bespoke Banking | 8/21/2006 | See Source »

...result is rising salaries as banks tussle with one another for talent. Industry consolidation may be the inevitable endgame. Only the biggest banks will be able to satisfy the growing salary demands of private bankers, so middle-tier players may gradually be squeezed out. "The big will only get bigger," says Didier von Daeniken, head of private banking for Credit Suisse in Southeast Asia. "As a middle player, it's not easy to make money because [staffing] costs have risen...

Author: /time Magazine | Title: Bespoke Banking | 8/21/2006 | See Source »

...former President is still the superstar. People follow him into shops when they see him walking around, townsfolk say. On a day like Memorial Day, when both Clintons appear together at the end of the parade route, he draws by far the bigger crowd...

Author: /time Magazine | Title: What the Neighbors Say: A Visit to the Clintons' Home Town | 8/21/2006 | See Source »

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