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...BlackRock report said that five of the six biggest creditors of AIG's financial-products division would have been willing to end the contracts for less than face value. French bank Société Générale, which was AIG's largest CDS counterparty, for instance, according to Blackrock was willing to unwind the bond insurance its had bought from AIG on its lowest quality bonds for 90 cents on the dollar, or for 10% less than what AIG had originally promised to pay. About 30% of the $16.4 billion in CDS contracts that SocGen had bought...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

...addiction is marked not simply by poor decision-making in the face of temptation, but also by a sense of powerlessness before one's own compulsive behavior. There are many types of sex addicts, including so-called sexual anorexics who avoid physical intimacy with their partner and seek it out in fantasies or with others. Despite the shortage of statistics, researchers agree that the vast majority of sex addicts - over 90% - are men. Rob Weiss, founder and executive director of the Sexual Recovery Institute in Southern California, estimates that up to 5% of Americans deal with some form...

Author: /time Magazine | Title: What Happens in Sex Rehab? | 1/26/2010 | See Source »

...prisoners and other at-risk populations, including immigrants from areas like East and Southeast Asia, where hepatitis B circulates widely. Some 40,000 to 45,000 people legally emigrate to the U.S. every year from such countries, where in some cases, stigma - such as in China, where infected individuals face job discrimination - may make people wary of seeking testing or medical attention...

Author: /time Magazine | Title: Study: Threat of Hepatitis Underestimated | 1/26/2010 | See Source »

...expensive. If insurers cannot charge different prices, they’ll charge the healthy more to cover the difference. And if plans prove too pricey, the healthy will drop them, sucking money from the pool and raising premiums for the sick. So Democrats want everyone to buy coverage or face a fine, yet the fine they’ve prescribed is too low to deter dropouts. A higher fine, they fear, would provoke outrage...

Author: By Brian J. Bolduc | Title: Kill Obamacare | 1/26/2010 | See Source »

...around us. Outside, dust was clogging the air, rising from the homes outside the Hamra, private residences that had crumbled into rubble. As the dust swelled we shuffled into the basement. Gunshots continued. I shielded my eyes to see a little girl, maybe 5 years old, bloodied in the face and moaning, being carried down the stairwell to an employee exit from the hotel. It was then I saw my hand covered in blood from the tiniest of cuts from flying glass. Guilt twinged in me. Would the Iraqi survivors see me, a foreigner, one of the presumed American targets...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

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