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...liability for the money that it has received from the banks but is not actually entitled to yet. That liability will lower the balance of the FDIC's fund by the same amount that it is boosted by the prepayment. That means, at least on the books, the net effect of the prepayment for the FDIC fund will be nada. So even with the $45 billion coming to it, the FDIC will look broke, and probably stay that way until sometime in late 2012. And that raises the question as to how much a boost in confidence the prepayment plan...

Author: /time Magazine | Title: Can an Accounting Trick Rescue the FDIC? | 9/30/2009 | See Source »

...study—the first to analyze the effect of obesity on overall health for women who lived through 70—also found that obesity early in adulthood typically led to moderately worse health far later in life...

Author: By Xi Yu, CONTRIBUTING WRITER | Title: Findings Focus On Sustaining Weight | 9/30/2009 | See Source »

Many people know the term “placebo effect,” but they probably don’t know how much placebos play a role in their lives. In light of our looming health-care crisis, it is time for government and industry alike to embrace and harness the peculiarities of this phenomenon...

Author: By Michael A. Sun | Title: On a Pill and a Prayer | 9/30/2009 | See Source »

...Latin for “I shall please,” which then developed into a derogatory term for a medication aimed at pleasing the patient more than healing him. Today, it refers to a simple sugar pill used in clinical trials as a control to judge the effectiveness of new drugs. Ironically, the placebo today tends to equal or even surpass modern pharmaceuticals in effectiveness: the “placebo effect.” Placebos are relevant in our lives in not just medicine, however—many elevator “door close” and street crossing...

Author: By Michael A. Sun | Title: On a Pill and a Prayer | 9/30/2009 | See Source »

Most useless hero: Emma. Seeing sound as colors is kind of a cool effect, but we wish she could have done something interesting with it this week...

Author: By H. Zane B. Wruble | Title: Recap: "Ink" | 9/29/2009 | See Source »

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