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The people who created the SAT, back when the letters stood for Scholastic Aptitude Test, thought they had made an exam that measured the pure capacity of students' minds to absorb college material; the SAT was a direct descendant of early IQ tests. So imagine their surprise when one day...

Author: /time Magazine | Title: Stanley Kaplan | 9/7/2009 | See Source »

The first day of class in Iran comes with its own traditions, designed to help students ease into the academic year. First-graders have it the best. The children are designated as shokoofeh (literally, blossoms), and the teachers give each child a stalk of a fragrant flower. The principal raises...

Author: /time Magazine | Title: Back to School in Iran: How to Deal with a Bad Summer | 9/7/2009 | See Source »

There is comfort in these rituals, in knowing what the first day will bring. But this year will be different, the opening-day rituals troubled by the events of the past summer. This was not a good summer. For many, school will be the first time to confront in a...

Author: /time Magazine | Title: Back to School in Iran: How to Deal with a Bad Summer | 9/7/2009 | See Source »

The SEC’s proposal, a cornerstone of Chairwoman Mary L. Schapiro’s financial reform agenda, has aligned in opposition a powerful constellation of some this nation’s largest and most prestigious law firms and Fortune 500 companies, including Wachtell, Lipton, Rosen & Katz, where Law...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Professors Push Changes to SEC Reform | 9/1/2009 | See Source »

After taking the reins of the company when Paulson went to Treasury in July 2006, he accelerated Goldman's transformation from a firm that depended on its clients for investment-banking revenue - fees generated from advising on deals to underwriting debt and equity securities - to one whose clients are driving...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

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