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...Freddie Mac permitted the crisis in subprime mortgages to build, though congressional Democrats bear the lion’s share of blame for their obstructionism: They opposed a Bush administration proposal for greater regulation, even though Fannie and Freddie’s own executives favored the change. The lack of broad oversight in financial markets led investors to rely too heavily on faulty investment ratings by firms like Moody?...

Author: By Colin J. Motley | Title: Deconstructing Deregulation | 4/21/2009 | See Source »

...provides a rare chance to experiment with health care. On the one hand, because Dubai currently has no academic medical center, researchers get to see the actual effects of different initiatives on the quality of health care delivery, according to Golan. On the other hand, unlike other nations that lack a deep-rooted health care framework, Dubai has the resources to build a first-world health care delivery structure from the ground...

Author: By Sanghyeon Park, CONTRIBUTING WRITER | Title: From Dubai, with Love | 4/21/2009 | See Source »

...innovation bring to all facets of life: carelessness. If you can find the answer by searching Google or glancing over a Wikipedia article, why read a book? If you can rely on a credible rating for a complex financial security, why do further research? In a narrow sense, the lack of context attendant in these bursts of data leads to small errors, and, on a broader scale, this limited scope contributes to major market failures...

Author: By Noah M. Silver | Title: Risky Business | 4/21/2009 | See Source »

...Program performed a collection a dances honoring the centennial of the Ballet Russes in “Viewpointe 9: Rite of Passage.” The pieces, all inspired by the works associated with the Ballet Russes era, were expertly executed and enjoyable to watch. However, what the performance lacked was the true essence of the Ballet Russes—a sense of innovation and originality that pushes the limits of what ballet can be and inspires new understanding of artistic creation.The four vastly different dances were choreographed by various professionals and undergraduate students and centered on an eclectic array...

Author: By Matt E. Sachs, CONTRIBUTING WRITER | Title: ‘Rite’ Isn’t Quite Right Without Innovation | 4/21/2009 | See Source »

...smallest unit of administration in China. They are also the frontlines in the Party's battle to keep it's grip on power and to stop the social dislocation caused by years of frenzied economic growth from becoming a serious threat to social stability. China is notorious for its lack of a social safety net, with hundreds of millions of peasants lacking even basic health care, much less luxuries such as unemployment benefits or pensions. Now, faced by soaring unemployment and an accompanying rise in poverty, Beijing is scrambling to put in place measures that will ease the pain...

Author: /time Magazine | Title: More and More, Rural China Is Going to the Polls | 4/21/2009 | See Source »

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