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...main reason Visa can contemplate an IPO now is that, for all the troubles, large parts of the global financial system continue to function just fine. If you have bad credit and want a mortgage or you run a private-equity firm and want to finance a $15 billion takeover, forget it. But if your credit's O.K. and you want to charge a trip to Hawaii or you're the profitable, growing leader of the global electronic-payments business and you want to raise $15-plus billion...

Author: /time Magazine | Title: Visa Charges On | 2/29/2008 | See Source »

...very specific ways. Moreover, the notion of “better than well” is an optimistic myth: medications for psychiatric disorders enable people to feel normal, not better than normal. Antidepressants bring people from the hell of severe depression to a sense of being able to function normally; they aren’t magic happy pills. Similarly, they don’t make normal and appropriate feelings of sadness (or anxiety or anger) go away; a person whose brain chemistry is balanced (with or without the aid of medication) feels sad, even miserable—just not hopeless...

Author: By Emily R. Kaplan | Title: An Ignorant Argument | 2/29/2008 | See Source »

...with any indie show, tight jeans and black plastic glasses were omnipresent. In this case, however, they were worn almost entirely by older (read: post-collegiate) people. This is partially because the Magnetic Fields have been around since the mid-nineties, but it also seems to be a function of the venue. Somerville Theater has found a unique niche market, catering to a somewhat older demographic with established indie artists who haven’t “sold out.” While the band was kept to a fairly low volume, everyone sat politely until the last note...

Author: By Mark A. Vanmiddlesworth, CONTRIBUTING WRITER | Title: CONCERT REVIEW: The Magnetic Fields | 2/29/2008 | See Source »

...Since rats are used in many laboratory experiments and their whiskers function in a similar way to the human sense of touch, it is important to understand how they perceive objects and sense surfaces. "Most of modern biology is based on studying rodents," says Moore. "It is crucial to understand them." While MIT's research has figured out much of the unknown about the mechanics of the rats' whiskers, future research still needs to be done to understand how their brains actually decode and interprets the information...

Author: /time Magazine | Title: Rats' Whiskers Have Feelings, Too | 2/27/2008 | See Source »

...same coin in an election ultimately decided by fewer people than it takes to fill a large movie theater will not disappear anytime soon. Shortly after his announcement, Democratic presidential candidates were quick to issue their condemnations, with Barack Obama quipping that Nader’s “function as a perennial candidate is not putting food on the table of workers” and Hillary Clinton adding that, “It’s not good for anybody, especially our country...

Author: By Daniel E. Herz-roiphe | Title: Play It Again, Ralph | 2/27/2008 | See Source »

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