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...critically endangered greater bamboo lemur, however, is far from alone. Thanks to deforestation, expanding human settlements, hunting and the slow burn of climate change, more mammals may be endangered today than ever before. According to a worldwide assessment overseen by the International Union for the Conservation of Nature (IUCN) and published Oct. 6 in Science, an estimated one out of four mammals is threatened with extinction. The populations of about half the 5,487 known species of mammals in the world, on land and in the water, are dwindling each year. "Our results paint a bleak picture of the global...

Author: /time Magazine | Title: The Last of the Tasmanian Devils (and Other Critters) | 10/6/2008 | See Source »

...Maybe the CFTC, a strange little agency overseen by the Congressional agricultural committees, had no business regulating OTC derivatives. But the fact that nobody regulated them, even as the business grew and migrated from banks to firms like Bear Stearns and AIG, is a big reason why the world's financial markets are in such crisis this week. Bear and AIG were bailed out in part because they were big players in the market for credit default swaps, derivatives that are meant to insure against loans gone bad. Regulators have such an unclear picture of who's on the hook...

Author: /time Magazine | Title: While the Regulators Fiddled ... | 9/17/2008 | See Source »

...failure was openly discussed for months and to a certain extent planned for - federal officials and market participants don't seem to have really focused on AIG's problems until this week. While the company's insurance subsidiaries are regulated by New York insurance superintendent Eric Dinallo, it is overseen at the holding company level by the federal Office of Thrift Supervision, which mostly regulates the savings and loan industry. Plus, it was awfully hard for outsiders - and even insiders - to understand the gravity of the company's problems. "You can read through every financial statement in the world...

Author: /time Magazine | Title: Why the Government Wouldn't Let AIG Fail | 9/16/2008 | See Source »

...original version of this story stated that AIG was regulated by the New York insurance superintendent. Only its insurance subsidiaries are overseen by that official...

Author: /time Magazine | Title: Why the Government Wouldn't Let AIG Fail | 9/16/2008 | See Source »

...Scholastic - "basically, about a dozen editors get together every week, and we just brainstorm ideas," he explains. Amy and Dan were one of those brainstorms. (Originally the series was called The 79 Clues before Levithan and co. decided to scale it back, probably wisely.) The 39 Clues is overseen by a team of a dozen Scholastic employees, including four editors. Each book in the series will be written by a different author, who will be retained on a contract basis...

Author: /time Magazine | Title: The 39 Clues: The Next Harry Potter? | 9/9/2008 | See Source »

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