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...frightened to lend to each other - let alone businesses and municipalities, since they're worried about who could go under next. The initial market reaction to Paulson's speech was something on the order of: "Holy [expletive deleted], we must really be in trouble." The market cratered when it heard on Wednesday, losing nearly 190 points on the Dow after trading in the black for most of the day. It tanked again on Thursday...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

...exclusive interview with TIME, Rozi Khan's younger son, Khosal, who was wounded that night, gave an eyewitness account of the shoot-out. At about 10 p.m. his father got a call from a friend named Samad Jan, who had heard suspicious noises and feared Taliban fighters were surrounding his home. "The Taliban had come to Jan's house a few nights earlier," says Khosal, and his father had promised to come to Jan's aid if they showed up again...

Author: /time Magazine | Title: Fatal Error | 10/9/2008 | See Source »

...Khosal said his father's men fired back at their assailants, who were only about 20 m away. The elders rushed Khan to hospital but he was dead on arrival. At first, Khosal says, the locals "were thinking it was the Taliban who had done the shooting. Then they heard someone calling out. It was the Australians' interpreter, who was surprised and was asking, Who are you?" When Khan's men replied, "We are police," Khosal says, they were told to lay down their weapons. Khosal says the Australian troops offered no medical assistance to the wounded Afghans...

Author: /time Magazine | Title: Fatal Error | 10/9/2008 | See Source »

...campaign [Sept. 29]. Wow - so Barack Obama hasn't told any lies? Klein then predicted that things would change in the debates, since "it isn't easy to tell lies when your opponent is standing right next to you." Oops! After that column appeared, 70 million people watched and heard Vice-Presidential candidate Joe Biden tell 15 documented falsehoods, including the claim that he regularly patronizes Katie's Restaurant, in Wilmington, Delaware, which has been closed for years. Klein's idea of the "unwritten rules" of campaign rhetoric seems to be that the media have the right to selectively...

Author: /time Magazine | Title: Inbox | 10/9/2008 | See Source »

...Weinberg exclaimed when he heard the news of Chalife’s Nobel prize. Now a trial lawyer at a law firm in Northampton, Mass., Weinberg said after a pensive pause that he did not remember Chalfie as a scientist during their time together at the College...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Alumni Win Nobel Prize | 10/9/2008 | See Source »

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