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...Beethoven, or just one string quartet? What happens is when you do a category like that, the discussion often deteriorates in a good way into actual substantive conversation. But it takes work to talk to a bore. And you have to save yourself at some point. I always say, Keep an empty glass - that's an old formula. If you're standing up, make sure your glass is near empty at all times. That can lead to drunkenness, though...

Author: /time Magazine | Title: Conversation: Art or Skill? | 2/16/2010 | See Source »

...recent years, with its flat $9.99 fee. In 2009, TD Ameritrade's daily average revenue [producing] trades rose 17% while Schwab's fell 2%, said Michael Hecht, an analyst at JMP Securities, in a recent note. "We were the one shop that had simple, straightforward, transparent pricing - one price point for all clients and there's no gimmick to it," says Tomczyk. "Clients don't like it when think they have one price and wind up getting nickeled and dimed to death. We set a price point and that's what the price...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

...that may be the point: more-moderate Republicans like Lindsey Graham have made it clear that they believe that support for nuclear energy needs to be a part of America's new energy policy. By spending billions to back the nuclear industry, the White House may be able to get some Republican support for the floundering climate-and-energy bill, which would put a limit on greenhouse gases. "On an issue which affects our economy, our security and the future of our planet," said Obama in Maryland, "we cannot continue to be mired in the same old debates between left...

Author: /time Magazine | Title: The Green Politics Behind Nuclear Power | 2/16/2010 | See Source »

...Obama really can pull Republican votes for climate legislation, nuclear support might be a worthwhile price. And because the money is a loan guarantee, if the plants are built on budget and succeed, the funds would be reimbursed to taxpayers. But some environmentalists point out that there's a reason no American nuclear plants have been built in more than three decades: the projects tend to be hit with construction delays, and the Congressional Budget Office (CBO) estimates that the risk of default on a new nuclear plant is higher than 50%. In a conference call with reporters, Energy Secretary...

Author: /time Magazine | Title: The Green Politics Behind Nuclear Power | 2/16/2010 | See Source »

...significant holes in our protection," Democratic Senator Carl Levin, the chairman of the Senate Homeland Security panel, said in discussing the findings. "A key point here is that even though our banks have become more vigilant and they've created barriers against dirty money, foreign officials still get access to our financial system...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

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