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...Goldman Sachs, JPMorgan, Salomon Brothers, Kidder Peabody and Lazard - was that it wasn't just an ideological commitment to boosting shareholder value that drove decisions to merge, break up and restructure companies, but also the work culture of Wall Street itself. Ho, now a professor at the University of Minnesota, talked with Barbara Kiviat about her findings, presented in Liquidated: An Ethnography of Wall Street, and how she thinks the recent financial collapse has - or hasn't - changed things. (See 10 things to buy during the recession...

Author: /time Magazine | Title: An Anthropologist on What's Wrong with Wall Street | 7/22/2009 | See Source »

...Believe me, he knew. He kind of looked like a clown when I was talking to him.' JIM INHOFE, an Oklahoma Republican, saying he meant no offense when he called a fellow Senator, Minnesota's Al Franken, a "clown...

Author: /time Magazine | Title: Verbatim | 7/20/2009 | See Source »

...prosecution. First, he fired his defense team, zigged and zagged between pleading innocent and guilty, and ranted in ways that had some observers questioning his sanity. And the circumstantial evidence against him didn't make Moussaoui look any better: he was arrested in August, 2001 while attending a Minnesota flight school. When investigators took a closer look at him after 9/11, they discovered jihadist literature and plane flying information on his computer. Further inquiry led to the discovery that Binalshibh had wired him $14,000 from Germany; a check with French officials showed that he'd long been under watch...

Author: /time Magazine | Title: Why a 9/11 "Plotter" Deserves a Re-Trial | 7/19/2009 | See Source »

...Minnesota AT LONG LAST, A WINNER Nearly eight months, 2.4 million votes, a recount, two appeals and $50 million in election spending is all it took to get Al Franken elected U.S. Senator from Minnesota. The longest race in the state's history came to an end when the Minnesota Supreme Court ruled unanimously for the former comedian, giving him the win by 312 votes. In the end, GOP incumbent Norm Coleman conceded gracefully, saying, "The future today is ... Al Franken." The belated victory gives Democrats a filibuster-proof majority of 60 votes just as the Senate is expected...

Author: /time Magazine | Title: The World | 7/13/2009 | See Source »

...findings bear out, they may herald a potential new treatment for an age-old condition. As psychiatric symptoms go, hair-pulling is among the earliest recorded. According to Dr. Jon Grant, a trichotillomania expert at the University of Minnesota School of Medicine and the lead author of the new paper, Hippocrates himself said that in order to test whether patients were faking their illness, doctors must ask whether they are pulling out their hair. The behavior is so commonly associated with distress that the stock phrase to describe a stressful situation is that it causes you to tear your hair...

Author: /time Magazine | Title: Study: Help for Chronic Hair Pullers? | 7/12/2009 | See Source »

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