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...these comments cast the Treasury as a collection of desperate people, cornered by the faltering financial system, who are willing to pull any rabbit that they can find out of their hats. This makes the new Geithner plan for public /private partnerships to buy toxic bank assets look like a carnival show. It was not heartening to see that the Treasury admitted that it did not have many takers for this new program, so it extended the deadline for applications by two weeks until April 24. Unfortunately, world class financiers keep track of things like dates. Those who have passed...

Author: /time Magazine | Title: Banks are Worth What Their Stock Prices Say They're Worth | 4/7/2009 | See Source »

...managers to have a chance to participate in the program, probably in the hope that a wider net will catch more fish. But, when the local community bank in Akron, Ohio is allowed to get federal money to buy toxic assets from Bank of America (BAC), it does not look good...

Author: /time Magazine | Title: Banks are Worth What Their Stock Prices Say They're Worth | 4/7/2009 | See Source »

...this be used to help autistic kids? Nobody recommends inducing fevers to kick-start the locus coeruleus, since that could lead to all manner of side effects and other ills. Instead, Mehler and Purpura believe the likeliest answer is in medications that target noradrenaline brain receptors. "First, we should look at the signaling pathways in the region of the brain involved," Purpura says. "Then we could look at treating the receptor sites with some kind of pharmacotherapy." For once, the step that's missing from a proposal is the one that involves shouting about what's to blame...

Author: /time Magazine | Title: Why Fever Helps Autism: A New Theory | 4/7/2009 | See Source »

...will. When one Boloco fanatic tweeted about “annihilating my previous ‘# of burritos in a week’ record,” Pepper invited him to message him for free burritos to continue his winning streak.“I don’t look at it like marketing. I look at it as dialogue,” he said. “It’s sort of a natural extension of what I should be doing anyway. This is a more efficient way to do it.” Oggi?...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Square Shops Embrace Twitter | 4/6/2009 | See Source »

...that speaks volumes about the gap that now exists between China and Russia on one side (both permanent members of the Security Council) and the U.S., South Korea and Japan on the other. (Those nations, plus North Korea, comprise the six-party talks.) (Read about what North Korea could look like after...

Author: /time Magazine | Title: North Korea Launch Poses Problem for Obama | 4/6/2009 | See Source »

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