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Though I am exceedingly squeamish, when my son was born, I was shocked that I saw only the beauty of childbirth. Until the placenta came out. There are many normal human reactions to seeing a placenta, ranging from screaming to vomiting to warding it off with a cross. For those of you who have never seen one, the placenta is to the baby what Stephen Baldwin is to Alec Baldwin. It's what your liver would look like if it got into an accident on the autobahn with one of those aliens from Mars Attacks! and their bloody carcasses threw...
...into focus in 2004. That was an El Niño year, which led experts to predict a lighter than average Atlantic hurricane season. But it instead to turned out to be an El Niño Modoki, and overall hurricane activity was 2½ times as severe as normal, with 15 named storms and six major hurricanes. Florida was repeatedly battered. "We had a lot more storms than we expected, and that got us thinking," says Webster...
...Holger Härter have been amassing the VW stake through a sophisticated options-trading strategy that has provided the company with massive profits over the past three years, as well as giving them ownership of VW. But it has also ballooned Porsche's debt to $12.5 billion. Under normal circumstances, Porsche would have no trouble financing that debt - its VW stake alone is worth about $50 billion - but in the current economic crisis, even a company as rich as Porsche can no longer snap its fingers and find the money. (Last year, thanks to windfall gains from the option...
With its registration levels near normal, Camp Walt Whitman is one of the lucky ones. Across the country, camps have reported drops of 10% to 20% in enrollment. Parents are also opting to send their kids for shorter periods. (Read "The Meaning of Summer Camp...
...likely to be a reduction in the number of people who default on their student loans, a financial disaster that can destroy credit ratings and hike up interest rates on future loans. "In this economic recession, a lot of students are having a difficult time just paying for normal things like groceries or rent," says Carmen Berkley, president of the U.S. Student Association, an advocacy group. "This is really going to make sure that students are able to keep up with their loans and don't have to default. We want to be able to have good credit, to eventually...