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Usage:

...this insurance contract business. "An original CDS can go through 15 or 20 trades," said Miller. "So when a default occurs, the so-called insured party or hedged party doesn't know who's responsible for making up the default and if that end player has the resources to cure the default...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

...with murder. But the original mortal sins had as much to do with attitudes as with acts. Greed might lead to theft, lust to adultery, but the sin began in the heart. Yet modern research does not seem wicked to many suffering patients or the doctors who hope to cure them; the church's sin is their salvation. Likewise the accumulation of excessive wealth: leave aside the historical irony of this charge issuing from the Vatican. What do we make of Bill Gates, the Great Acquisitor, who, as a philanthropist, is now arguably the greatest individual force for good around...

Author: /time Magazine | Title: The New Road to Hell | 3/13/2008 | See Source »

This is embarrassing for the Bush Administration, which launched a splashy effort to mediate the Israeli-Palestinian conflict last November. But blaming the Administration alone for this sad state of affairs is off the mark; it's hard to cure a patient who just doesn't want to be treated...

Author: /time Magazine | Title: Diplomatic Dash | 3/6/2008 | See Source »

...interest rates close to zero as the stock market melted down. It continued last fall with the frantic efforts by the Fed and its counterparts in Europe to keep skittish banks lending to one another, and this year with more rate cuts from the Fed. These policies can't cure longer-run problems like the low savings rate and stagnant wages, and they'll probably have all sorts of unpleasant side effects (inflation, for one). But you don't have to work at Visa to think they're preferable to reliving the 1930s...

Author: /time Magazine | Title: Visa Charges On | 2/29/2008 | See Source »

...been duped by pharmaceutical companies and doctors into believing that the everyday downs and disappointments that come with being human are not only undesirable, but unhealthy and altogether avoidable. They seem to imagine that doctors across the country encourage even the healthiest of patients to pop a pill to cure all ills and become perpetually euphoric...

Author: By Emily R. Kaplan | Title: An Ignorant Argument | 2/29/2008 | See Source »

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