Word: greates
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...subscriptions for our content. (Of course, we always could charge for subscriptions on the Web, but who'd pay for that experience?) And now, with a rumored 9-inch iPod Touch heading to consumers - an Apple iReader! Linked to Apple's one-click-to-pay App store! - I bet great magazines and newspapers will come up with iterations that you actually will pay for. Once people own gorgeous gadgets, they want to augment them with content. The iPhone and Kindle proved that. Hearst is so convinced this is the way to go, it's building its own device and online...
...Great Clawback How was AIG able to live so dangerously for so long? In part because for years Washington looked the other way. The company befriended politicians with campaign cash - $9.3 million divided evenly between Democrats and Republicans from 1990 to 2008, the Center for Responsive Politics reported. And it spent more than $70 million to lobby them over the past decade, escaping the kind of regulation that might have prevented the current crisis...
...number right? Probably not. When looking at a market as large as mortgage-backed securities, once the magnitude becomes too great, it is impossible to be precise to the last dime. But, the figure is almost certainly within a narrow range of the actual problem big banks still face. (See pictures of TIME's Wall Street covers...
...evolutionary "physiological mechanisms" would explain why people, regardless of culture or belief, generally prefer "warm to cold, satiety to hunger, friends to enemies, winning to losing and so on." The authors write, "An alien who knew all the likes and dislikes of a single human being would know a great deal about the entire species...
...truth about Burma, renamed as Myanmar by its generals, is that the sanctions debate is immaterial. While American and European foreign policy thinkers ponder how to financially strangle an army government that has ruled since 1962, Burma's regional neighbors are embarking on a new Great Game, scrambling to outdo each other for access to this resource-rich land. "Sanctions don't work if most countries ignore them," says Naw La, an exiled environmentalist with the Kachin Development Networking Group in Thailand. "The military is selling our natural heritage without any concern for our people...