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...saying, 'We actually don't value [your profession] anymore,'" Morgan says. The result can be a reduced sense of self-worth. Former bank employees may be timid about telling people what they do - or did. "Overnight, [people who worked in banks] have been placed in that second-hand car salesman category," says Morgan. To cope with these feelings, many out-of-work bankers and traders are heading to their health clubs to fill their time, work out their aggression and get their endorphins to kick...

Author: /time Magazine | Title: A Psychologist Looks at the Bankers' Dilemma | 10/21/2008 | See Source »

...Russia and a Lieut. Colonel of the Russian Army (and until recently commander of the Spetsnaz Vostok battalion in Chechnya), was stripped of his command and placed under investigation by Moscow under Kadyrov's pressure. The killer shot Ruslan point-blank in downtown Moscow, penetrating an armor-plated car by way of a slit in a window while the Chechen leader was on his way out of the Kremlin, where he had pleaded Sulim's case with an important member of the administration...

Author: /time Magazine | Title: Murder, Russian-Style: Political Assassination | 10/19/2008 | See Source »

...Russians were not surprised by the news out of France last week that Russian lawyer Karina Moskalenko found mercury in the car she had been using since August with her husband and three children. Moskalenko, who pursues the Russian government in international courts for human-rights abuses, now works mostly out of Strasbourg since Russian federal prosecutors sought but failed to disbar her in Moscow. Before authorities found the poison, Moskalenko had complained of suddenly deteriorating health - a frightening parallel to the case of former Russian intelligence agent Alexander Litvinenko, her onetime client, who was poisoned by polonium in Britain...

Author: /time Magazine | Title: Murder, Russian-Style: Political Assassination | 10/19/2008 | See Source »

...banking model. At its core was securitization: mortgage brokers originated mortgages that they sold on to others. Borrowers were told not to worry about paying the ever mounting debt, because house prices would keep rising and they could refinance, taking out some of the capital gains to buy a car or pay for a vacation. Of course, this violated the first law of economics - that there is no such thing as a free lunch. The assumption that house prices could continue to go up at a rapid pace looked particularly absurd in an economy in which most Americans were seeing...

Author: /time Magazine | Title: Nobel Laureate: How to Get Out of the Financial Crisis | 10/17/2008 | See Source »

...memory of minor details, like the soundtrack, which fits perfectly with a number of scenes in the movie. The way Instant Messenger graphics pop up like a thought bubble next to Ian while he’s online is clever. Seth Green is great as the random Amish car enthusiast, and Fall Out Boy makes a surprise appearance. Even the humor works best when not located front-and-center: a rack of guacamole donuts behind Ian at Señor Donut draws a smile, but a scene in which Ian talks to a toddler while dressed like a donut with...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: "Sex Drive" | 10/17/2008 | See Source »

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