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...count six such episodes since August 2007. In the early days, the Federal Reserve Board did all the work and usually made its big announcement on a Friday. Since then, Treasury Secretary Hank Paulson has moved to the fore, and he picked a Sunday afternoon to float his proposal for bolstering beleaguered mortgage giants Fannie Mae and Freddie Mac. The basic pattern, though, remains the same: Financial tizzy. Dramatic government action. Period of reduced tizzy. Repeat...
Shelling out big bucks at the campus bookstore is a college tradition that students can count on each semester. Textbook prices have risen steadily over the past two decades to the point where the average student now pays $900 a year, an expense that typically isn't covered by financial aid. But come September, publishing upstart Flat World Knowledge will offer a much more appealing price point: its books will be free...
...first Bill Frist and then George Allen, both of whom flamed out. Even as some of his own top campaign advisers, including McKinnon, Nelson and Steve Schmidt, went to work for McCain, Bush doubted McCain's chances of winning the G.O.P. nomination. "The President was never one to count McCain out," says a former senior Bush aide, "but he felt like [Mitt] Romney was the best positioned." Though his campaign has been coordinating with the White House through regular conference calls ever since he became the presumptive nominee, McCain has kept as much physical distance from Bush as possible...
Suddenly it was clear that bogus parts were out there in great numbers. One of the first steps had to be to determine the scope of the problem. We crafted a series of audits and went to repair stations to count their stock. One of those was the FAA's own Logistics Center, where the agency kept the parts inventory for its own fleet. I felt considerable satisfaction at finding that 39% of the FAA's own spare parts were suspect. Inevitably, this finding outraged the FAA--they argued with us, insisting that our audit of random samples could...
Nature's underdogs have no shortage of human protectors, but don't count William Stolzenburg among them. In Where the Wild Things Were, the seasoned wildlife writer reminds us that predation, not parity, is nature's organizing principle. Beyond his affection for fierce carnivores, he argues persuasively that keystone predators function as biological linchpins--without them, ecosystems plunge into chaos. To underline this point, he whisks readers from kelp forests to arctic tundra, revealing the "evolutionary dance between predator and prey"--how a dearth of wolves and cougars helped spur an infestation of white-tailed deer that munched Wisconsin...