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...college rankings floating around, there's still one area students and parents can't find much concrete info about: how much an undergraduate degree will pay off. Enter PayScale.com, which claims to be the world's largest salary survey. Its 2009 College Salary Report uses data supplied by 1.2 million visitors who went to the site and plugged in all sorts of info to find out whether their salary was in line with those of people doing the same kind of work in their geographic area...

Author: /time Magazine | Title: Ranking Your Alma Mater on How Much You Make | 8/17/2009 | See Source »

...Sydney Alleged Terrorist Plot Derailed Australian authorities said they had thwarted a potentially dramatic terrorist attack by Muslim extremists on one of the country's largest military bases. After police raided 19 houses on Aug. 4, five men were charged with planning to storm the base, near Sydney, and open fire on soldiers with automatic weapons. The suspects--Australian citizens of Somali and Lebanese descent--are believed to be connected to al-Shabaab, an Islamic group fighting Somalia's enfeebled government; officials said at least one had participated in the insurgency. Analysts say the plot highlights the prospect of future...

Author: /time Magazine | Title: The World | 8/17/2009 | See Source »

Mournfully, Kirtzman tells the story of Harry Markopolos, a flawed whistle-blower who tracked Madoff's misdeeds for almost a decade. An eccentric math genius, Markopolos waved his findings in the face of the SEC--he gave them a pointed memo in 2005 that was titled "The World's Largest Hedge Fund Is a Fraud," but also made it clear that he wanted a reward for his efforts. Maybe the SEC should have paid him--it could have saved billions...

Author: /time Magazine | Title: Bernie Madoff — Publisher's Best Friend? | 8/17/2009 | See Source »

...long ago, a family driving across Kansas on well-traveled I-70 would encounter nothing racier than a pecan log and nothing more hyped than the "world's largest prairie dog." Then porn came to the highway. The surprising thing is that officials in the Bible Belt state are taking the invasion lying down...

Author: /time Magazine | Title: Abilene: Where Porn Fought the Law and Porn Won | 8/15/2009 | See Source »

...China's second tack is to prolong negotiations over the contract price of iron ore with the two main suppliers, hoping to wear them down while frantically moving to line up other potential sources beyond Rio and BHP Billiton for next year and beyond. China is the world's largest steel producer, and despite the global recession, its factories are running close to flat-out thanks to enormous infrastructure construction and brisk sales for new autos and apartments. That means it would appear to have little leverage in pursuit of the price cuts on iron ore that it seeks...

Author: /time Magazine | Title: China vs. Rio Tinto: The Confrontation Isn't Over | 8/14/2009 | See Source »

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