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The CDS market exploded over the past decade to more than $45 trillion in mid-2007, according to the International Swaps and Derivatives Association. This is roughly twice the size of the U.S. stock market (which is valued at about $22 trillion and falling) and far exceeds the $7.1 trillion...

Author: /time Magazine | Title: Credit Default Swaps: The Next Crisis? | 3/17/2008 | See Source »

We can either forbid private beliefs, on issues such as theology and morality, from public expression, so as not to offend any member of our community who may disagree. Or we can plead ignorance as to whether any standard exists to confirm that any beliefs are sufficiently �...

Author: By Christopher B. Lacaria | Title: Freedom from Religion | 3/16/2008 | See Source »

The visual representations of history and identity are of course riddled with historical contingencies. As the bill’s sponsor, Rep. Byron Rushing notes, “We must account for the messages conveyed by the Commonwealth’s most widespread symbols,” and no doubt...

Author: By Garrett G.D. Nelson | Title: The Semiotics of the Seal | 3/14/2008 | See Source »

While the GT-R is further proof of Nissan's global dna--it is, after all, a Japanese company run by a Frenchman--Nissan has never deviated from keeping the GT-R's image rooted in Japan. (Ghosn's steering committee even toyed with the idea of linking the GT...

Author: /time Magazine | Title: Revving Up Nissan | 3/13/2008 | See Source »

We believe that the adhan, issued publicly in a pluralistic setting, does indeed sow those seeds of division and disrespect. It does so by declaring that “there is no lord except God,” and that “Muhammad is the Messenger of God.?...

Author: By Diana K Esposito, Benjamin Taylor, and Aaron D Williams | Title: The Adhan at Harvard | 3/13/2008 | See Source »

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