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...next on Nov. 1, and at the end of the year competing for the $250,000 grand prize for best story of 2008. That's less than the Nobel Prize winner for Literature - for which this year's laureate, French novelist Jean-Marie Gustave Le Clézio, will pick up a little under $1,500,000 - but considerably more than the Pulitzer purse of $10,000. Says Thompson, "We are confident the FieldReport prize for experiential writing is the biggest single-story prize out there." What's more, he says, "It's accessible to everybody. You don't have...

Author: /time Magazine | Title: A Writing Prize for the People, by the People | 10/9/2008 | See Source »

What would that mean for banks, and how would the program function? First and foremost, the senior Administration official says, it would be voluntary. The banks would come to the government. Treasury would not pick the ones that look like they need help and offer it to them. "We're trying to make these things as systematic and predictable as possible," the official says. "If we moved on this, it would be: Here are the terms; here's how it works; here's the guy to call...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

What do you look for in a guy: A sense of humor Where to find you on a Saturday night: Head and shoulders above everyone else Your best pick up line: I’m on the women’s basketball team. Best or worst lie you’ve ever told: Don’t be embarrassed. I’m sure nobody even noticed...

Author: By FM Staff, CRIMSON STAFF WRITER | Title: Scoped! | 10/8/2008 | See Source »

...barrage of bad news surrounding the $700 billion congressional bailout appears to have had a significant effect on shoppers' outlooks. At the end of September, 79% of consumers said they were expecting bad economic times in the year ahead, up from 57% in early September. "It's hard to pick up the paper and not be transported back to 1932," says Sievers. "It's a volatile environment, but we think last week...

Author: /time Magazine | Title: Looking Ahead to a Blue Christmas | 10/7/2008 | See Source »

...Japan. After her divorce in 2004, the mother of two became anathema to producers and broadcasters who, according to industry observers, were and still are reluctant to put single mothers in starring or prominent roles. After four years of struggling, Choi's career had begun to pick up when her body was found in her bathroom in southern Seoul. She apparently hanged herself with a rope made of medical bandages. (Hanging is the most common form of suicide in South Korea, where gun ownership is illegal.) Her suicide has gripped the nation, dominating headlines as authorities, relatives and even...

Author: /time Magazine | Title: South Koreans Are Shaken by a Celebrity Suicide | 10/6/2008 | See Source »

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