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...crisp Monday at Albemarle & Bond, Nicola - she doesn't wish to give her surname - 26, white and unemployed, holds a fistful of rings. "Can I get 10 quid for this?" she asks. After haggling with the assistant, she leaves with half that sum, passing a display case of trinkets earlier customers failed to redeem, including a clutch of diamanté rings spelling out the word Mum. Sentimentality is an indulgence nobody in Dagenham can afford. (See pictures of the U.K. at home...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

...such skirmish. Since the 1970s, the state has tried to drop books that were seen as too liberal or anti-Christian, to omit passages on the gay-rights movement and to tone down global-warming arguments. But the nation's battle over textbooks stretches back almost half a century earlier. In 1925, Tennessee's Butler Act (which was repealed in 1967) made it illegal to teach "any theory that denies the story of the Divine Creation of man as taught in the Bible." The Scopes "monkey trial" famously followed. In 1974, a clash erupted in Kanawha County, West Virginia, over...

Author: /time Magazine | Title: Brief History: The Textbook Wars | 3/29/2010 | See Source »

...recluse who began investing at night during his medical residency. Jamie Mai and Charlie Ledley, two 30-somethings who started trading in a Berkeley garage, "assumed that there was some grownup in charge of the financial system." There wasn't. In The Big Short, Michael Lewis, who chronicled an earlier era of Wall Street excess in 1989's Liar's Poker, tells the story of investors who asked questions that no one else would (like, What happens if house prices stop rising?) and came to the chilling conclusion that collapse was inevitable. Lewis takes us inside the investment banks...

Author: /time Magazine | Title: The Skimmer | 3/29/2010 | See Source »

...look good for me when our son Laszlo came from the womb all blond, blue-eyed and generally un-Jewy. In an earlier century, I would have had no choice but to trick my wife Cassandra into a best-of-three contest using a method that depends on my genetically inherited lack of rhythm. But with just a vial of spit each from Cassandra, myself and Laszlo, I could find out with DNA-lab-tested certainty which of us had influenced our child more. And for those of you worried about our putting him through this, know that...

Author: /time Magazine | Title: Joel Stein: Does My Son Take After Me — or His Mom? A Genetic Test | 3/29/2010 | See Source »

...postponement of the dream”—those were the words used by University President Drew G. Faust earlier this month to describe the University’s stalled billion dollar expansion in Allston, a development plan that would have replaced a part of Allston’s industrial lots with a cutting-edge research center...

Author: By Elias J. Groll, Sofia E. Groopman, and William N. White, CRIMSON STAFF WRITERS | Title: Faust Seeks Trust on Allston Plans | 3/29/2010 | See Source »

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