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...fear may be justified, the loathing less so. Stock-trading in the U.S. was long dominated by a cartel (the NYSE) that charged exorbitant fees and stifled competition. That cozy arrangement began to fall apart in the early 1970s with the birth of the Nasdaq electronic exchange for small stocks. The rapid growth of Nasdaq companies like Intel and Microsoft, coupled with Madoff's poaching of orders from the NYSE in the 1980s and '90s, brought more direct competition. Now things have broken wide open. Nasdaq and the NYSE are still the biggest players, but they must do daily battle...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

This is a uniquely American phenomenon, experts say. In other countries, information about race is usually not available to medical researchers, as it isn't collected in census data or in birth and death certificates. In some countries, such as Canada, medical researchers can choose to ask about race, but in other places - France, for example - researchers have a hard time winning approval for any study that specifically involves participants' race. Meanwhile, in the U.S., not only is racial data ubiquitous, its inclusion is mandated by the government in certain medical studies. The 1994 National Institutes of Health Revitalization...

Author: /time Magazine | Title: Why Racial Profiling Persists in Medical Research | 8/22/2009 | See Source »

...study did find that users of Gardasil faint and develop blood clots more often than those receiving other shots. The clots are extremely rare, though. In about 90% of these cases, the girls may have been more vulnerable to developing clots because they smoked or were overweight or on birth control pills. "Was it that this age group also tends to have these risk factors or did the vaccine have some sort of role?" asks the CDC's Dr. Barbara Slade, lead author of the paper. "We really don't know." (See more about...

Author: /time Magazine | Title: Study Suggests HPV Vaccine Is Safe, but Doctors Wary | 8/18/2009 | See Source »

...shouldn't have been surprising, really, that the world's most populous continent would give birth to a movement called People Power. In 1986, a housewife from the Philippines whose given name meant "heart" gave lifeblood to her wounded nation. The only weapon she possessed was moral courage. But with it she discovered a groundbreaking truth: that a populace holding nothing more than candles and rosary beads could face a cavalcade of tanks, topple a dictator and, most improbable of all, usher in democracy...

Author: /time Magazine | Title: Corazon Aquino 1933-2009: The Saint of Democracy | 8/17/2009 | See Source »

...dinner, says she turned to milk-producing goats because "I decided I needed a more long-term relationship." The author of the new Farm City: The Education of an Urban Farmer, she is eager to help others get into what she describes as a "hobby that involves sex and birth and death and life." (See pictures of an apartment outfitted for goat-milking...

Author: /time Magazine | Title: Urban Animal Husbandry | 8/17/2009 | See Source »

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