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...summer of 2007, when two Bear Stearns hedge funds failed. At the height of the bailout, there were no fewer than 13 programs. The New York Fed had to post them on its website sideways, using teensy-weensy type, so they would print out on a single sheet of paper...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...chain of causality between the efforts of U.S. intelligence to obtain information and influence and drug monies that pay for an insurgency that has taken 53 American lives this month - the highest death toll ever for Americans in Afghanistan. Karzai denied both allegations, telling the Associated Press that the paper's report was "ridiculous."(See pictures of Afghanistan's dangerous Korengal Valley...

Author: /time Magazine | Title: Karzai's Problem Brother: Drugs, Spies and Controversy | 10/28/2009 | See Source »

...Sunday that they would take a fresh look at the evidence in the bombing case after a British newspaper, the Sunday Telegraph, reported that family members had received an e-mail from the Crown Office, Scotland's prosecuting authority, saying police were looking into several possible new leads. The paper said authorities decided to look into the case again after al-Megrahi, who has terminal cancer, dropped his final appeal before the Scottish government released him in August. (See pictures of Lockerbie 20 years...

Author: /time Magazine | Title: Lockerbie: Will a Fresh Look Find New Evidence? | 10/27/2009 | See Source »

There are other side effects as well. Melillo's paper points out that if biofuels scale up rapidly, they could end up displacing cropland and pasture, which would impact global food supplies and increase land-based carbon emissions. Melillo found that if biofuels were linked to a global policy to stabilize carbon concentrations in the atmosphere at 550 parts per million - a modest goal - we would need more land for biofuel production by the end of the 21st century than is currently used for all food crops. Worse, all the fertilizer needed to grow those bioenergy crops would increase emissions...

Author: /time Magazine | Title: Tallying Biofuels' Real Environmental Cost | 10/23/2009 | See Source »

...instance, in one of Liljenquist's earlier studies, she found, among other things, that cleaning hands after writing about a moral transgression made people feel less guilty about it. Other researchers have also tackled the issue of morality and smell, but from the opposite end of the spectrum. A paper published last year in the Personality and Social Psychology Bulletin revealed that people are more critical and judgmental about certain moral issues when exposed to the vapors of a - ahem - fart-scented spray...

Author: /time Magazine | Title: Do 'Clean' Smells Encourage Clean Behavior? | 10/23/2009 | See Source »

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