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Dates: during 2000-2009
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...Senate banking committee chairman Chris Dodd of Connecticut, facing daunting odds for reelection in 2010 and determined to show his independence from Wall Street, has produced a tough bill that would largely prevent issuers like Bank of America, Citibank, JP Morgan Chase, Capital One and American Express from raising rates on customers even when cardholders miss payments or their credit rating tanks. "Americans do not deserve to be pushed down the economic ladder by credit card companies," Dodd said as he rolled out the bill, "It's wrong, it's unfair, and it must...

Author: /time Magazine | Title: How the Banks Plan to Limit Credit-Card Protections | 4/27/2009 | See Source »

Dance is an art of the human body. It exposes emotions through physical manifestations, and choreography uses the rich lexicon of body language. It seems, then, that any choreographer looking to stretch the limits of corporeal expression would require performers with incredible versatility and training. But choreographers’ avid searches for such rare ability inevitably overlook one fascinating factor in human movement: disability.Heidi F. Latsky acknowledged this oversight. Previously a dancer for Bill T. Jones/Arnie Zane Dance and now a member of the Hofstra University faculty, she recently choreographed a performance featuring eight dancers, four of whom live with...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: 'Gimp' Explores Disability | 4/24/2009 | See Source »

...wasn't until the postwar boom of the 1950s that credit cards really caught on. In 1950, Diners Club issued its first card--made of cardboard--for use in 27 restaurants in New York City. A year later, nearly 20,000 Americans carried it in their wallet. American Express, which had specialized in traveler's checks, created its card in 1958; the same year, Bank of America mailed its first 60,000 BankAmericards (now Visas) to residents of Fresno, Calif.--a harbinger of the aggressive marketing tactics used today...

Author: /time Magazine | Title: A Brief History of: Credit Cards | 4/23/2009 | See Source »

...writing to express my deep indignation upon hearing that our prestigious university’s most sacred of structures, the Harvard Faculty Club, will soon be profaned. I fear that this hallowed hall—once the very epicenter of intellectual conversation and civilized debate—will now become the stomping grounds for this university’s lowest specimen of vermin: students...

Author: By The Crimson Staff | Title: No Kids Allowed | 4/21/2009 | See Source »

...analysts in Moscow warn that the insurgency problem in the region is far from finished, and express concern that the decision gives even more control to the heavy-handed Kadyrov. "It's not a victory for Moscow, it's a compromise," says Alexei Malashenko, an analyst at the Carnegie Moscow Center. "For Russia, it's necessary to save the money spent on assistance to Chechnya because of the [economic] crisis. For Kadyrov, he now has the chance to become a dictator." (See pictures of Putin's patriotic youth camp...

Author: /time Magazine | Title: Russia's Chechnya Pullout: Compromise Over Victory | 4/20/2009 | See Source »

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