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...failure in London," he said after Sunday's meeting. "We have to succeed and we can't accept that anyone or anything will get in the way of this summit, which will be a historic summit. We will be successful [because] if we fail there will be no safety net...

Author: /time Magazine | Title: Europe Calls for Tougher Rules on Global Markets | 2/23/2009 | See Source »

...housing market's sharp drop should start to benefit from the approval of a program to funnel $275 billion into mortgage modifications. The simple fact that such a large safety net may be set up under housing prices ought to help arrest foreclosures and substantially slow cascading housing prices...

Author: /time Magazine | Title: Why March Will Be the Recession's Tipping Point | 2/20/2009 | See Source »

...down a marker. The courts are already considering congressional subpoenas that were issued earlier as well as claims of privilege and legal immunities. Those cases will stretch out for some time, as would prosecutions--taking even a decade or longer. Moreover, it is easier for prosecutors to net those far down the ladder than those at the top, who set the tone and the policies...

Author: /time Magazine | Title: The Case for a Truth Commission | 2/19/2009 | See Source »

...than the Harvard men’s hockey team’s goaltender, sophomore Ryan Carroll.Last week, in his first three career starts, Carroll posted a total of 113 saves, bested some of the nation’s top collegiate goalies, and proved that he belongs in the Harvard net. “I think Ryan did a great job,” junior Alex Biega said. “He proved to the rest of the nation that he has the ability to be the go-to guy for the team.” With his performance over...

Author: By Alex Sopko, CONTRIBUTING WRITER | Title: Carroll Makes the Most of Opportunity | 2/19/2009 | See Source »

...Goody's ventures, the one predicted to net her the fattest profit is her death. She had already signed up to star in another reality series (in one of the many ironies that define her life, it happened to be for a channel called Living TV) when she learned of her condition in August. Since discovering last Friday - Friday the 13th, no less - that her illness is terminal, she has secured a series of deals that will reportedly swell her sons' inheritance by ?1 million to ?1.5 million ($1.4 million to $2.1 million, roughly). These include a televised interview with...

Author: /time Magazine | Title: Jade Goody's Reality: A TV Star's Very Public Dying | 2/19/2009 | See Source »

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