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...ourselves in the first place? "I'm not really interested in out-of-body experiences," says Henrik Ehrsson, one of the study's authors and an assistant professor at the Karolinska Institutet in Sweden. "I'm really interested in in-body experiences: how the brain keeps and updates a model of the world and the body. To have a perception of your own body is the foundation of self-consciousness...

Author: /time Magazine | Title: The Science of Out-of-Body Experiences | 8/23/2007 | See Source »

...communications-equipment salesmen and drug researchers. She notes that the conventional wisdom about what makes a team work, such as clearly delineated roles and team spirit, tends to correspond to team-member satisfaction, but those variables often don't line up with financial metrics like sales revenue. "The internal model is burned into our brains," she says, "but research and the actual experience of many managers demonstrate that a team can function very well internally and still not deliver desired results. In the real world, good teams, according to our own definition, often fail...

Author: /time Magazine | Title: It's What's on the Outside that Counts | 8/23/2007 | See Source »

...these same customers. ACE Cash Express, which has more than 1,700 outlets across the country, works with Wells Fargo, JPMorgan Chase, Union Bank and others. Banks have shied away from serving the unbanked population directly because this slice of the market clashes with their business model. Banks get much of their profit from the interest they earn by lending out the money held in long-term deposits, but check cashers depend on a high volume of small transactions to generate revenue through fees. "The changes are not that simple," C.K. Prahalad, a University of Michigan economist and expert...

Author: /time Magazine | Title: Profiting from the Unbanked | 8/16/2007 | See Source »

...accusations were concocted after the fact, and were never part of his paper record. He had just gotten a raise, and had glowing evaluations before the meltdown, he notes; as for his "unprofessional" deposition of Samberg, Hilton Foster, a now retired staff trainer, wanted to include it as a model in his course material. And in fact, the final Senate report discredited the allegations against Aguirre, concluding that "[Aguirre's] termination appears to be merely the culmination of the process of reprisal that began with the August 1 re-evaluation...

Author: /time Magazine | Title: Undue Influence at the SEC? | 8/16/2007 | See Source »

...recommendations, including composing a comprehensive procedural investigative manual, similar to one used by U.S. Attorneys, to minimize discretionary abuse. Another recommendation: to keep reliable records of all external communication and to "generally discourage" communication with supervisors that excludes lead staff attorneys. Grassley praised Cox, a former Congressman, as a "model of transparency and accountability" and for "recognizing the value of Congressional oversight instead of resisting it like most other agencies do." As for the inspector general's office at the SEC, change is already happening; Walter Stachnik, the only inspector general that SEC has ever had since the post...

Author: /time Magazine | Title: Undue Influence at the SEC? | 8/16/2007 | See Source »

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