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...attempt to make shopping for insurance a more consumer-friendly experience, Aetna asks how big a BodyGuard plan you need. WellPoint's Tonik line lets you decide whether you are a Thrill-Seeker, a Part-Time Daredevil or a Calculated Risk-Taker (choices that come down to less fun details like the size of your co-payment or deductible). Such edgy marketing aims to attract Americans ages 19 to 29--nearly a third of these so-called young immortals forgo insurance because they think they either don't need it or can't afford it. Carriers are also starting...

Author: /time Magazine | Title: Insurance for $30 a Month | 10/16/2008 | See Source »

...more money suggest that, as Bair told TIME, "more banks will fail." The FDIC's list of troubled banks jumped from 90 to 117 in the second quarter and will surely grow again. Bair is worried about all the new responsibilities her agency is taking on. The new rescue plan requires the FDIC to guarantee not just the new lending by banks but also unlimited deposits in special accounts used primarily by small businesses for things like payroll. Little wonder Bair is cautious: the new program is expected to cover $1.9 trillion, a stunning 42% increase in total FDIC guarantees...

Author: /time Magazine | Title: The FDIC's Boss: Sheila Bair, America's Passbook Protector | 10/16/2008 | See Source »

...professor at Rutgers and New York Law School, journalists Jane Meyer and Jim Sheeler, and Cambridge resident Joan Wickersham. Faust has said in past interviews that “This Republic of Suffering” will likely be her last book for the foreseeable future, as she does not plan to write while serving as Harvard’s president...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Faust Nominated for National Book Award | 10/16/2008 | See Source »

There’s a chaotic scene in the Mather Junior Common Room on Thursday nights. As rehearsal for co-ed a cappella group The Opportunes winds down, the group’s members are so engrossed in talking to one another that they barely notice onlookers. They plan their weekend retreat—scary movies get a thumbs-up, but movie-musicals are promptly vetoed. The group breaks into a rendition of M.I.A.’s “Paper Planes,” prompting someone to jokingly announce next week’s auditions for the gunshot...

Author: By Jessica R. Henderson, CRIMSON STAFF WRITER | Title: La Famiglia A Capella | 10/16/2008 | See Source »

...home loan guarantors, administration officials said the moves would make it easier and cheaper for people to get home loans. Unfortunately, it hasn't worked that way. Mortgage rates fell sharply after the move, but soon reversed quickly, and are now higher than they were before the Fannie/Freddie rescue plan was launched...

Author: /time Magazine | Title: The Bank Bailout's Side Effect: Rising Mortgage Costs | 10/16/2008 | See Source »

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