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...government's policy of designating Somalis like Olow, Ahmed and Hassan as illegal immigrants places them in a precarious situation. Every day they stay in the country, they accumulate a fee of $6 a day. According to Bhattarai, only a handful of families in Nepal have been accepted through the UNHCR for third-country resettlement and are slated to leave for Western countries. "The resettlement countries should pay for their exit fines," says Bhattarai...

Author: /time Magazine | Title: Somali Refugees in Nepal: Stuck in the Waiting Room | 11/10/2009 | See Source »

...separate body, the Consumer Financial Protection Agency (CFPA). In this Dodd, Frank and Geithner agree that a single agency should not be responsible for both ensuring bank stability (read: profitability) and protecting consumers. The CFPA would have rule-making, supervisory and enforcement authority to hunt abuses in lending and fee-setting. The FDIC would continue to exist as an insurer of deposits, while the Fed would continue to control monetary policy and oversee national financial stability...

Author: /time Magazine | Title: Financial Regulation: Way Easier Than Health Care | 11/9/2009 | See Source »

...reasons, but not least because he feels it would take him away from his family (he has three children at home) and, he says, because he loves his job. But he does hope to play the main event every year, especially if he can get the $10,000 entry fee paid - as he did this year - by winning a local league in his hometown of Chappaqua, N.Y. (Disclosure: I am in that league.) Not only does winning the league earn him the entry fee; it gets him a guaranteed rooting section as well. The league winner must enter a high...

Author: /time Magazine | Title: Will a Wall Streeter Win Big at the World Series of Poker? | 11/3/2009 | See Source »

...that trading means more profit for Bartercard. The privately held company charges a one-time membership fee - $1,200 to $2,400, depending on the size of the business - and a 5.5% cash and 1% trade fee on each transaction. Sharpe is confident the firm will continue to expand even as the economy improves. "Companies will need to hire new staff and restart advertising and marketing campaigns which they pulled during the recession," he says. "Bartering frees up cash for that." It's a concept he obviously believes in: the firm uses its trade credits to pay the rent...

Author: /time Magazine | Title: Bartering: Have Hotel, Need Haircut | 11/2/2009 | See Source »

STEWART NOZETTE, a former NASA and Department of Energy scientist who was arrested on Oct. 19 for allegedly telling an undercover FBI agent that he would divulge classified information for a fee...

Author: /time Magazine | Title: Verbatim | 11/2/2009 | See Source »

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