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...abstract, her research “suggest[s] that the problems in the CDO [Collateralized Debt Obligations, for the non-ec types out there] market were caused by a combination of poorly constructed CDOs, irresponsible underwriting practices, and flawed credit rating procedures.” Seems simple enough. But why couldn’t someone with more experience than an undergrad offer the same insight...

Author: By Agnes K. Sibilski, CONTRIBUTING WRITER | Title: Recent Grad's Thesis Wows Michael Lewis | 3/20/2010 | See Source »

...them? Well, for most of my clients, it wasn't so much the world that appealed to them. For many, it was a very private experience. They were often led to the dungeon by their own desires and fantasies - ones that they didn't feel safe or brave enough to explore or voice in their personal lives. The dungeon felt like a safe haven, their domme a trusted person with whom to explore their obsessions. I think even the fact of it being a business transaction lent them some feeling of safety. It is an emotionally vulnerable experience to divulge...

Author: /time Magazine | Title: Inside the Secret World of a Dominatrix | 3/19/2010 | See Source »

...extend health insurance to 32 million uninsured Americans. Earlier in the week, observers wondered why it was taking longer than expected for the key number cruncher to issue a verdict. Not only did the delay raise the question of whether all the compromises made to try to win broad enough support would make the bill too costly, but it also played into the hands of Republicans trying to keep the focus on the messy process of passing the bill rather than the substance in it. (Read "Health Reform Passes Senate, But Will House Dems Sign...

Author: /time Magazine | Title: How Dems Got the Score They Wanted on Health Reform | 3/19/2010 | See Source »

...Feelings of isolation unite these cases. Researchers agree that in instances of filicide-suicide, parents feel there is no friend or relative able or trustworthy enough to care for the children. "In Hong Kong, it's common not to know neighbors who have been beside you for 10 years," says researcher Yip. While social and mental-health workers have been asked to pay close attention to depressed parents of small children, professional help remains thin on the ground in Hong Kong and is no substitute for a strong personal-support network. "It is packed here," says Yip of a city...

Author: /time Magazine | Title: Hong Kong: Parent-Child Suicides Are Rising | 3/19/2010 | See Source »

...with a federal-budget deficit of more than 6% forecast for this year, Russia does not have a lot to spare. Prime Minister Vladimir Putin has pledged an initial outlay of $12 billion from the budget to fund the construction projects, but that is not expected to be enough - and private investors have indicated that they may not be willing to make up the difference during the economic downturn. There are also signs that the initial cost estimates have been way off. Last July, the government said the total construction bill would run about $6.6 billion, but just a couple...

Author: /time Magazine | Title: Trouble in Sochi: Russia's Mounting Olympic Problems | 3/19/2010 | See Source »

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