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Cadbury swiftly dismissed Kraft's bid as too low, but speculation is running rampant on Wall Street that Cadbury is now in play and that either Kraft will sweeten its offer or another rival, such as Hershey, will step up. Industry experts speculate that bidding could exceed $21 billion before a merger is clinched. Read "Chocolate, Meet Choco-Luxe...

Author: /time Magazine | Title: Could Hershey Make a Play for Cadbury? | 9/11/2009 | See Source »

...options prices have fallen either because there is less demand for them, or perhaps due to oversupply as the market has been saturated by financial firms wishing to sell these options. The VIX may have continued its descent because investors do not fear a market crash enough to buy insurance at the same premium. Or perhaps more banks are writing options - selling insurance on a possible market crash...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

...Either way, if there was an extended downward move in equity prices, those who did not buy insurance would be in some trouble, but those who sold insurance too low would be in even greater financial peril...

Author: /time Magazine | Title: Stock Volatility Is Down. But Is That Good News? | 9/11/2009 | See Source »

...Speaking of that day, one of the things that, in our poll, that had enormous resonance - and I think more than 80 percent of people across all of these categories supported - was the idea of a year of national service for young people, either post-high school, between high school and college, or sometime during high school that would either be civilian service or military service in exchange for an educational grant or scholarship. Now, they didn't want government to make it mandatory; they wanted it to be voluntary. But I'm wondering, how do you feel about that...

Author: /time Magazine | Title: Exclusive Interview: The Obamas on The Meaning of Public Service | 9/10/2009 | See Source »

...overturned by votes of Congress. It is clearly a distortion to call these groups "death panels," as some critics like Sarah Palin have. As it now stands, Congress sets reimbursement rates, while private insurers routinely decide what potentially lifesaving treatments are worth paying for, and no one calls either death panels. But it is also legitimate to question the makeup and restrictions on these government panels...

Author: /time Magazine | Title: 'You Lie!': Representative Wilson's Outburst | 9/10/2009 | See Source »

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