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...position this important, Kashkari, the American-born son of Kashmiri immigrants, may seem an unlikely pick: he's been in finance for only eight years, two as a student at the Wharton School and four as an executive in the San Francisco office of Paulson's old firm, Goldman Sachs. At Goldman, Kashkari was so low on the food chain that he only got to know Paulson well after they both moved to the Treasury...

Author: /time Magazine | Title: Whiz Kid, Hot Seat | 10/9/2008 | See Source »

This question is often asked in a whisper. Why? Because so many people believe the answer is an ugly one: bias, prejudice, racism--take your pick. Some attribute it to something less distasteful: Obama's unfamiliarity, his "exotic" background, his comparatively recent emergence on the political stage. The doubters--they would call themselves realists--often assert that these are just euphemisms for prejudice, a way of camouflaging what lies beneath...

Author: /time Magazine | Title: How We Decide | 10/9/2008 | See Source »

...their minds. Our new national poll uses what Jackson calls "feeling thermometers"--that is, questions that go beyond yes-or-no answers to get at how voters arrive at their decisions. Jackson explains that most voters rely on their emotions and that as many as 28% of voters pick the candidate who does not share their policy goals. He also reveals that the "swing voter" is a psychological phenomenon that cuts across all demographic boundaries, debunking the idea that any one voting bloc has the power to turn the election. And finally, look for the divine Elizabeth Gilbert--author...

Author: /time Magazine | Title: How We Decide | 10/9/2008 | See Source »

...Paul Workman. A study conducted by Hewitt Associates, a global human-resources-services company, revealed that 55% of companies plan to boost the number of expats they employ this year, a 2% increase over 2007. About 21% of China's expats are Westerners, whose private insurers and employers often pick...

Author: /time Magazine | Title: China's Medical Boom | 10/9/2008 | See Source »

...Practice, for one. "We never had a housing crisis," says Pittsburgh's controller, Michael Lamb. "We already weathered that storm." Foreclosures declined 20% for two months compared with a year ago. Home prices are relatively steady. When the economy began to pick up steam again after 2003, Pittsburgh was a city with affordable housing, great parks and recreation, rich cultural and sports scenes, and surviving industry clusters that were globally competitive--a helpful thing when recession returns. "We've done a really good job at coming to terms with how to manage. Our weaknesses 25 years ago led to strength...

Author: /time Magazine | Title: Finding One Economic Bright Spot on Main Street | 10/9/2008 | See Source »

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