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...February, the Obama Administration said it would pay mortgage-servicing companies to modify existing home loans to make them more affordable - an attempt to keep struggling borrowers in their houses and slow the escalating pace of foreclosures. In a way, the problem was an odd one. Lenders lose a lot of money during foreclosures and shouldn't need incentives to prevent them. The complexities of mortgage securities and the uncertainty surrounding future home prices and the economy, it seemed, were gumming up the system. A government push would get the wheels moving...

Author: /time Magazine | Title: Why the Banks Aren't Modifying Home Loans | 7/30/2009 | See Source »

...family. Depression also carries an enormous societal burden, leading to missed work days, loss of productivity and increases in health-care spending for co-occurring conditions like sleep problems or anxiety. Further, those misdiagnosed with depression may end up being prescribed antidepressant medications that not only cost a lot but can have serious side effects, including lethargy and sexual dysfunction...

Author: /time Magazine | Title: Study: Doctors Don't Always Spot Depression | 7/30/2009 | See Source »

About half the surviving works - some illuminated in gold and crimson, others illustrated with maps - are intact. But even the best works are fragile, the pages brittle, the covers damaged. "There are a lot of problems with the manuscripts," says Timbuktu's imam Ali Imam Ben Essayouti, 62, who has bought several manuscripts from locals who need the cash and sense they might otherwise lose them altogether. "Houses collapse in the rain. The termites eat them. People borrow them and never bring them back...

Author: /time Magazine | Title: Lost Treasures of Timbuktu | 7/30/2009 | See Source »

...some experts. In 1979, Zouber, the President's counselor, bought 25 Timbuktu manuscripts from the daughter of a former French diplomat who had been stationed in Mali and had taken them with him when he left; Zouber tracked her down in Cannes and paid about $25,000 for the lot. "Now they're worth perhaps 10 times that amount," he says...

Author: /time Magazine | Title: Lost Treasures of Timbuktu | 7/30/2009 | See Source »

...LAPD's data storage is a particular concern, Stanley says. Before putting the scanners in the field, the department met with the ACLU and discussed concerns, according to LAPD Commander Patrick Gannon. "We would like to be able to use them for other things, but there was a lot of push back on that, and so they are limited to certain units and uses like auto theft," Gannon says. (See 50 essential travel tips...

Author: /time Magazine | Title: License-Plate Scanners: Fighting Crime or Invading Privacy? | 7/30/2009 | See Source »

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