Word: peers
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German Chancellor Angela Merkel and her Finance Minister, Peer Steinbrück, have spent months saying they will never let irresponsible German banks off the hook by taking their toxic assets and putting them into some sort of government-backed bad bank...
...filtering point out that in some countries, including China and Thailand, it's used to block not only morally objectionable content but also those that are critical of the government. More to the point, many Internet providers say blacklists don't work anyway: most illegal activity online happens via peer-to-peer networking, which Web filters can't block. "It's almost trivial to get around the filters," says Wheeler. "But I can't tell you how, because the government has now made that illegal...
...belittling husband; a difficult father; and a severe alcoholic tormented by his secret bisexuality. We learned a lot about this from his journals, 400 pages of lyric abjection published eight years after his death, in which he fears becoming the "lonely boy with no role in life but to peer in at the lighted windows of other people's contentment and vitality." But we get a much fuller and more reliable picture in Blake Bailey's fine new biography Cheever: A Life (Knopf; 770 pages), a portrait of the man drawn judiciously but compellingly and in harrowing detail. (Read TIME...
...attending the college rose $2,000 this year, the average aid award increased $2,300. In addition to $7,000 worth of federal and state grants, work-study earnings and federal loans, the average financial-aid applicant will pocket $28,000 in Skidmore grants. Skidmore, like many of its peer schools, also allocates funding for superstars with financial need, a practice known as "preferential packaging." The most desirable students--the ones who blew the lid off the SAT, for instance, or those who will be the first in their family to go to college--get a nice surprise in their...
Christakis and his colleague James Fowler at the University of California, San Diego, are now studying happiness contagion in perhaps the largest social network of all, Facebook. They noticed that people who smiled in their Facebook profile pictures tended to have other friends who smiled. This might simply be peer pressure at work, with members feeling obliged to flash a smile to fit in with the rest of the group, but Christakis and Fowler are investigating whether there isn't a more infectious phenomenon at work...