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...Permitting what will essentially become an existential assault on the euro by financial markets isn't something leaders are going to let happen - the political and economic consequences would simply be too grave," says a French government adviser who preferred to remain anonymous because of the sensitivity of the situation. "The pressure being applied by market speculation is making things harder, but far from impossible. The euro isn't going away...

Author: /time Magazine | Title: Could the Euro's Days Be Numbered? | 2/19/2010 | See Source »

...took out these loans were given the chance to make ultra-low payments for the first few years - and many of them did exactly that. Borrowers, mostly middle- and upper-class with good credit scores, were allowed to make payments that didn't even cover the interest owed (let alone the principal), with the understanding that payments would spike later on to make up for the shortfall. That allowed people to buy bigger, more expensive houses than they would have been able to qualify for otherwise. Plenty of families banked on rising incomes and an ability to sell their house...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

While fraternities and sororities across the country let anyone audition for a spot—as do Princeton’s posh eating clubs—at Harvard, even the selection processes are invite-only...

Author: By Daniel E. Herz-roiphe | Title: Open Season | 2/19/2010 | See Source »

...Think of the [significance] of the single transistor 30 or 40 years ago,” Weitz said. “Now they make millions of transistors all together. And [microfluidics] is similarly going to let us do many, many things in parallel. Experiments can literally go a million times faster...

Author: By Naomi C. Funabashi, CONTRIBUTING WRITER | Title: Device Monitors Micro Activity | 2/19/2010 | See Source »

...keeping with the proud tradition of starting sports disputes, it's time to pull up a bar stool and pit Vonn, America's sweetheart, against White, he of the flowing red mane. Let's attempt to answer the most basic of sports questions: Who's better? (See 25 Olympic athletes to watch...

Author: /time Magazine | Title: Shaun White vs. Lindsey Vonn: Who's Better? | 2/18/2010 | See Source »

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