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...financial models, he was supposed to pay his mortgage for ten years and then sell his home. When his mortgage reset in 2006, he defaulted. The flow of his payments into the mortgage pool stopped. The differential between the real world and the Wall St derivative model moved off center by a fraction of a millimeter. Another person within the same pool defaulted the next day, and quickly the mortgage pool lost the financial yield characteristics that it was supposed to have. Tranches began to change in value, one by one. A small snow ball turned into an avalanche...

Author: /time Magazine | Title: Finding the Man Who Started the Global Recession | 2/2/2009 | See Source »

...think the word cowboys comes to mind," says Robert Stillman, medical director at Shady Grove Fertility Center in Rockville, Md., the country's largest fertility clinic...

Author: /time Magazine | Title: Octuplets Fallout: Should Fertility Doctors Set Limits? | 2/2/2009 | See Source »

...ASRM is caught up in the craziness too. "If this resulted from an IVF treatment, we can say that transferring eight embryos in an IVF cycle is well beyond our guidelines," the group's president, R. Dale McClure, said in a statement issued four days after Kaiser Permanente Medical Center in Bellflower, a Los Angeles suburb, announced the babies' birth. "We have a process for looking into these kind of matters and taking appropriate action...

Author: /time Magazine | Title: Octuplets Fallout: Should Fertility Doctors Set Limits? | 2/2/2009 | See Source »

...Over the weekend at Duke Fertility Center in Durham, N.C., the extraordinary birth was on everyone's mind. Fertility clinics are round-the-clock operations, and women came and went for fertility monitoring. Susannah Copland, who oversees the IVF program at Duke University, was on call and noticed that "everyone was buzzing about the octuplets." Some were shocked, others unnerved. "I don't want eight babies," they told...

Author: /time Magazine | Title: Octuplets Fallout: Should Fertility Doctors Set Limits? | 2/2/2009 | See Source »

...polling center locations were widely advertised," said Qassim, who addressed reporters in Baghdad alongside other IHEC officials. "It's simply that some citizens had not made good use of the information...

Author: /time Magazine | Title: Iraq Vote Goes Smoothly, but Results Are Another Story | 2/1/2009 | See Source »

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