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...stranded, the next generation of Wall Street hopefuls began filing back to class this month at business schools across the country. The storied banking giant's demise was an illustrative lesson for the industry and for academics - one that may lead to lasting changes in business-school curriculums. "I predict that people will spend a lot more time than they used to learning about risk management and understanding the subtleties," says Awi Federgruen, chair of the Decision, Risk and Operations Division at Columbia Business School...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

While Baum said it was difficult to predict how many more low-income students would apply to college under such a plan, she said that a guarantee of federal aid has been shown to increase enrollment...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Federal Financial Aid Reforms Proposed | 9/21/2008 | See Source »

...With cabinet members loyal to Mbeki likely also to resign, analysts predict that parliament would most likely convene to elect a caretaker government until elections can be held next year. Some suggested that Zuma, who is not a member of parliament, would not serve in a transitional administration and would most likely assume power only after the elections. Although Mbeki has been a lame duck ever since Zuma wrested the ANC leadership from him at last December's party leadership conference, Saturday's move to accelerate Mbeki's ouster has raised fears of growing instability in Africa's largest economy...

Author: /time Magazine | Title: Why South Africa's Mbeki Resigned | 9/20/2008 | See Source »

Epidemiologists are often described by the media as "disease detectives," who use statistical tools - carrying out the occasional survey, for example, or, in the case of malaria, using temperature and terrain maps to help predict where disease-carrying mosquitoes may live - to hunt down and eliminate global killers. The comparison is useful for another reason: Disease trackers, like crime solvers, often spend a lot of time sifting through a few, imperfect clues - hunches, really - to piece together a fuller picture. But that picture often ends up being indistinct as well. The WHO says, for example, that the "confidence interval...

Author: /time Magazine | Title: Global Malaria Estimates Are Reduced | 9/18/2008 | See Source »

...card or walk past a security camera, they take note. Stephen Baker could have easily gone for spooky in this depiction of the Numerati--his term for the computer scientists and mathematicians who sort through all the data we throw off in our daily lives, helping corporations and governments predict (and manipulate) our next move. But Baker's deep reportage goes beyond smart shopping carts that entice us to run up our grocery bills and political messages crafted on our preference for Chianti. The Numerati are also behind the algorithms that drive matchmaking websites, the National Security Agency's work...

Author: /time Magazine | Title: The Numerati | 9/18/2008 | See Source »

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