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...Federal Reserve. Bankers and financial engineers had an unsupervised free-market free-for-all just as the increased complexity of financial products - e.g., derivatives - screamed out for greater regulation or at least supervision. Enron, for instance, was a bastard child of a deregulated utilities industry and a mind-bending financial alchemy...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

What goes through your mind midflip in the air, with people watching and your body dangerously high above ground...

Author: /time Magazine | Title: 10 Questions for Tony Hawk | 11/23/2009 | See Source »

Perhaps that’s what’s worth keeping in mind: that the distance from olive branch to fig leaf is only yea big. Aiming deliberately for spirituality or beauty may be missing the point. Often, it’s actually the most “sacrilegious,” boundary-testing works that most stretch thinking—and ultimately strengthen belief. In some sense, Benedict’s get-together did acknowledge this; if art can “enslave” us, it can also save us. (The Pope even floated the idea...

Author: By Jessica A. Sequeira | Title: The Art of the Matter | 11/23/2009 | See Source »

...rate, given a raucous three-hour bus ride to New Haven, sleepless night of party-hopping, and booze-fueled all-day tailgate at The Game, it’s safe to say that piety wasn’t at the forefront of the typical Harvard student’s mind this Saturday. Thousands of miles away in Vatican City, the Pope’s gesture may have superficially seemed like a gesture of aisle-crossing good will—but, in its own way, it was just as profane...

Author: By Jessica A. Sequeira | Title: The Art of the Matter | 11/23/2009 | See Source »

...with her ode to materialism called, I'd Rather Be Dead Than Plain, French broadcasters dismissed the show as "vulgar" and withdrew from all future contests. In 2006, Denmark and Norway followed suit, claiming that the high-profile event puts too much pressure on young children. With that in mind, the producers of the competition have taken steps to let children be children - and slow their maturation into the scantily clad stars common in the adult version of Eurovision. This year's delegate handbook discouraged children from revealing their midriffs or wearing "mini-skirts or netted tights." And most national...

Author: /time Magazine | Title: Junior Eurovision: Schoolyard Crushes with Glitter | 11/23/2009 | See Source »

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