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...losses incurred by banks caught up in the collapse of the U.S. subprime mortgage market. With those banks themselves still somewhat in the dark - even after writing down tens of billions of dollars linked to those soured mortgage loans - it's gotten harder for institutions and individuals to borrow money. Even the Federal Reserve seems spooked: the U.S. central bank early Tuesday slashed a key interest rate by 0.75% to 3.5%, the biggest cut in more than 20 years...

Author: /time Magazine | Title: The Fed Reacts to a Global Crisis | 1/22/2008 | See Source »

...Even if the writers don't picket, the press conference format raises all sorts of questions for the nominees, say their publicists. Do you attend a press conference for an award you may lose? What do you wear to a press conference? Isn't it tacky to borrow tens of thousands of dollars worth of jewels when people have lost their jobs? Part of the fun of the Golden Globes in the past has been the spontaneity of an event put on by journalists rather than producers, but this Golden Globes may be just too unscripted for actors to handle...

Author: /time Magazine | Title: Golden Globes? Yes. Stars? Maybe | 1/8/2008 | See Source »

...more than a year, the people of the Hawkeye State attended a graduate seminar in presidential politics while the rest of us got to sleep in and borrow their notes. They took their responsibility seriously, braving suffocating heat at the Ames straw poll in August and near zero temperatures during caucus week to meet the candidates and study their records. They attended town meetings, rallies, coffee klatches and house parties, and they interrupted their family festivities over the holidays to hear two or three more political speeches in large auditoriums and crowded diners across the state...

Author: /time Magazine | Title: Iowa's Finish Line | 1/3/2008 | See Source »

...that Edwards hardly talks about himself - his time as a trial lawyer or his years in the U.S. Senate or even his experiences as the 2004 Vice Presidential candidate. The only experience he talks about is his childhood as the son of a poor mill worker who had to borrow money to take him home from the hospital. "I come from a family where people worked in the mills. My grandmother had a sixth-grade education, she came from a family of sharecroppers, she worked hard all of her life. I loved her dearly," Edwards said Wednesday in Burlington...

Author: /time Magazine | Title: Edwards in Iowa: Closing With Class | 1/2/2008 | See Source »

...Fair use, in particular, is a complex set of laws that is meant to be interpreted by judges; to attempt to regulate fair use with a piece of software is quixotic and shortsighted. There’s still no way to loan Amazon e-books to friends, borrow them from libraries, photocopy sections of them for a class, or sell a used copy, rights which have for hundreds of years been vital to the success of the real book...

Author: By G. parker Higgins | Title: When Judging Amazon’s Kindle, DRM Is Crucial | 12/14/2007 | See Source »

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