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...convincingly reassured. Why doesn't the news of government's quick and sweeping response stop the slide? "The news has got nothing to do with it," says Jeffrey Saut, chief investment strategist at Raymond James. "What it is, is a sequence of events that have brought us into crash mode." Saut traces that sequence of events from the nationalization of Fannie Mae and Freddie Mac, which wiped out the stockholders of those institutions, to the collapse of Lehman Brothers, which did the same to that company's investors, to the run on money-market mutual funds...

Author: /time Magazine | Title: A Market Meltdown That Won't Stop: Is This Rational? | 10/9/2008 | See Source »

Other noteworthy features include the built-in GPS, a media player and landscape mode for viewing Web pages horizontally and typing e-mails. (The iPhone 3G does not let you type e-mails in horizontal mode.) The screen is about the same size and resolution as the iPhone, while the built-in camera is slightly better at 3.2 megapixels, vs. 2.0 megapixels on the iPhone. You can also record video - a feature strangely lacking on the iPhone...

Author: /time Magazine | Title: BlackBerry's Storm Aims to Blow the iPhone Away | 10/7/2008 | See Source »

...society of free spirits, where fashion is a legitimate and oft-used mode of expression, the idea of a school—nevertheless a public school—mandating that students wear uniforms may at first appear ludicrous. Yet that’s precisely what Hartford, Conn. has required of its public school students. While the imposition of uniforms on public school students is often viewed as a limitation on the freedom of expression and the creativity of our nation’s youth, uniforms are in fact intended to help struggling schools and students foster a sense of academic...

Author: By The Crimson Staff | Title: Uniformly Effective | 10/7/2008 | See Source »

...Europe's inability to rise above its "each nation for itself" mode bodes ill for the prospect of broader international coordination to shore up credit markets in the face of a global crisis of financial confidence. If countries that have long vaunted their joint destinies can't work together, it seems all the more difficult to envisage a global response of governments and regulators toward a financial sector that itself cares little for national borders. Certainly Germany's unilateral action didn't help European markets resist a strong downward trend from Asia, and indexes plunged on Monday, with the FTSE...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

French journalist and philosopher (apparently still at least a part-time profession in the 21st century) Levy is in full finger-wagging mode in this latest polemic. Unlike the grounded, tangible arguments of 2006's excellent American Vertigo--in which he roamed the U.S. à la Tocqueville and painted a portrait of a nation both majestic and mad--there's an intellectual ranginess to Dark Times that makes it difficult to pin down. The object of Levy's ire is the left, or rather, "the monsters that the new laboratories of what we in Europe call Leftism and what Americans...

Author: /time Magazine | Title: The Skimmer | 10/2/2008 | See Source »

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