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...price of credit-default swaps would suggest. But since the demise of Bear Stearns and Lehman Brothers, "people have no idea how sound banks are," he says, so "the whole financial system is locking up." The U.S. government's rescue plan should help, and Weiss thinks there's a fair chance that the busted assets it's buying to prop up the system will rise sharply in value as everything stabilizes. But he's by no means confident that the $700 billion bet will be big enough to do the trick...

Author: /time Magazine | Title: One Financial Doomsayer Sees More Doom Ahead | 10/8/2008 | See Source »

...abstraction of the Arbella, wasn’t a place for maverickly disdain for critics outside its borders; indeed, it was envisaged as a collectivized moral paragon, a fragile, idealized community that must hold itself to its own high standards if it hopes to preserve its figurative elevation.To be fair, Palin reined in her nationalism, if not her loopy syntax, immediately afterward; she continued, “We are not perfect as a nation. But together, we represent a perfect ideal. And that is democracy and tolerance and freedom and equal rights.” So, yes, she understands that...

Author: By James M. Larkin | Title: Exception to the Rule | 10/8/2008 | See Source »

Though pizza and candy are commonly given out at Harvard events, rare are the opportunities to find free, healthy alternatives. At yesterday’s Harvest of Health, the annual Harvard University Health Services fair, students gained access to UHS’ many services, leaving the tent loaded with bags full of healthy goodies. Linda C. Cannon, a patient advocate who has coordinated the fair for the last three years, estimated that approximately 2,000 students passed through the white tent outside the Science Center, a number comparable to previous years. “Our objective is to spread awareness...

Author: By Helen X. Yang, CONTRIBUTING WRITER | Title: Goodies, Info at UHS Fair | 10/8/2008 | See Source »

...democratic system to entrench his own power. Thai courts have charged Thaksin with graft in several cases. On Oct. 6, an official from the British Home Office confirmed that Thaksin and his wife had applied for political asylum in Britain on the grounds that they will not receive fair trials back home...

Author: /time Magazine | Title: Thai Opposition Protests Heat Up | 10/7/2008 | See Source »

Corsi had also planned to deliver a $1,000 check to Obama's half-brother George, who lives in a slum in Nairobi. One Republican ad has accused Obama of abandoning his brother, who was recently reported in Italian Vanity Fair to be living on a dollar a month. But George Obama has repeatedly denied that he said any such thing or that he feels abandoned by Obama. George Obama is currently in school studying to be an auto mechanic and says he has plenty...

Author: /time Magazine | Title: Corsi in Kenya: Obama's Nation Boots Obama Nation Author | 10/7/2008 | See Source »

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