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Exhibit A in the possible return to normalcy was the 3.5% loss in the tech-heavy NASDAQ, compared to the much smaller drop in the Dow and S&P. The indexes had been moving pretty much in tandem, but broke their lockstep on Tuesday on concerns about slower growth at Google, Intel's after-the-bell third-quarter earnings report, and how much companies will be investing in technology next year. Though a sharp drop, it was a hopeful sign that investors may have returned to caring about stocks' fundamentals and have left the sphere of fear that had been...

Author: /time Magazine | Title: Wall Street Takes a Breath: A Return to Normalcy? | 10/14/2008 | See Source »

...current credit crisis gripping Wall Street and the nation, Schieffer says: "This is not the work of those who broke the law. It is the work of those operating within the law, those who pushed the law to the limit making loans the law allowed but, common sense dictated, should not have been made. ... deregulation has become all the rage ... if we somehow get past this, we must get serious about laws that ensure it never happens again...

Author: /time Magazine | Title: Debate Moderator Bob Schieffer | 10/14/2008 | See Source »

...McCain supporters.” Demographic groups, such as “hockey moms” or “working class wives,” are not the best measure of persuadable voters either, said Hillygus. “If you look at working class wives, and we broke by income you get wildly different predictions of how someone is going to pay.” “The thing we know as political scientists is that demography is not destiny,” she added. Fiorina, the author of “Divided Government...

Author: By Weiqi Zhang, CONTRIBUTING WRITER | Title: CAPS Panel Profs Analyse Elections | 10/13/2008 | See Source »

...leaders of euro-zone countries to accept collective rules to underwrite loans between banks and inject new capital into those facing serious trouble, hope is now rising that the situation in Europe may stabilize. Indeed, euro-group leaders used the most encouraging language they could muster as their summit broke up, underlining the fact that their objectives were as much psychological as financial in thrust...

Author: /time Magazine | Title: European Markets Rise in Relief | 10/13/2008 | See Source »

...found out that, in spite of us having a child who had problems, there were so much more serious ones than ours. We ran into parents with two children who are schizophrenic, and they tried desperately to keep them at home and take care of them, and they went broke and the kids are in jail. That's when I first started finding out about the issue, how parents were losing control of their children physically, and they were in jails because there wasn't any place to put them ultimately. If it's some average worker trying to find...

Author: /time Magazine | Title: Senator Pete Domenici on Mental Health | 10/10/2008 | See Source »

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