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...advantage of others. Goldman is the only Wall Street firm so far to have paid to settle charges - $60 million to the state of Massachusetts - for creating the rotten mortgage bonds that were at the heart of the recent financial crisis. And get this: contained in Goldman's client form is this disclaimer, "You acknowledge that we may monitor your use of the Services for our own purposes (and not for your benefit)." The firm seems to be announcing out loud that it plans to trade against its clients...
...summer so that children could catch the disease at a convenient time. But recent chatter on various Internet sites has health officials worried that parents are planning similar events for swine flu in order to make their children immune to the virus should it mutate into a more lethal form. In a statement on Tuesday, Sir Liam Donaldson, Britain's Chief Medical Officer, said such parties were the result of "seriously flawed thinking." (See pictures of swine flu hitting Mexico...
...different"), the new El Niño seems to shift Atlantic cyclones to the west, resulting in more frequent storms and more hurricanes making landfall on the coast of the Gulf of Mexico and Central America. Because many climatologists believe that climate change is also strengthening the storms that form, a hotter future could be one with hurricanes that are both more powerful and more common. (Read "Why Disasters Are Getting Worse...
...dismal economic outlook on the other. The Obama Administration is trying to lessen the pressure on aspiring students in ways both big and small. Last week, Secretary of Education Arne Duncan announced a plan to simplify the Free Application for Student Aid (FAFSA) - the form to apply for federal dollars - cutting at least 20% of the questions and making it easier to fill out online. For months now, Duncan has discussed the possibility of making Pell Grants an entitlement or guaranteed benefit like Social Security that would be protected from annual budget cuts. Duncan is also trying to transition...
...order to get to the grave, one must travel by vaporetto, the main form of public transportation, to a little island across a plane of water that lies to the north of the main island in the lagoon. You step right off the boat at Cimitero, where the city’s inhabitants—born high or low—rest in peace. At first, the expected emphasis on decoration can be found in the multiple bunches of flowers and ribbons, the specially-posed portrait photos that flutter by the graves, and especially the family-commissioned tombs that boast...