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...during a recession with record-high long-term unemployment. "Chapter 13 was designed for regular economic times when people might lose their jobs and fall behind on their mortgage for three to four months, but having found a new job they would be able to use the Chapter 13 process to keep their homes," says Porter, noting that even during normal economic times only 1 in 3 Chapter 13 bankruptcy filings results in the individual's successful meeting of payment obligations. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Personal Bankruptcies Hit a High and May Keep Rising | 4/5/2010 | See Source »

...murky 2001 massacre of Birendra and much of the royal family could have plunged the country into anarchy had it not been for Koirala's steady stewardship. He was instrumental in reaching out to the Maoists, bringing them into a peace process that abolished the monarchy in 2008 and transformed the country into a republic. But festering divisions remain, and there is no elder statesman of Koirala's stature to lead Nepal forward...

Author: /time Magazine | Title: Girija Prasad Koirala | 4/5/2010 | See Source »

...course, we’re not there yet. In terms of health care specifically, the passage of this bill represents not the conclusion, but the beginning of a lengthy process to provide high quality care and eliminate wasteful spending. Yet after decades of failed attempts to fix this critical institution, our political system has proven itself capable of contending with complex issues—even in the face of diverging interests. Now, we must bring that system to bear on the next big issue of our time—whether it be financial reform, immigration, or climate change...

Author: By Jason Q. Berkenfeld, Lindsay M. Garber, and Lange P. Luntao | Title: Hope and Change, Delivered | 4/5/2010 | See Source »

William D. Nordhaus, Sterling Professor of Economics at Yale University, whose DICE (Dynamic Integrated model of Climate and the Economy) is among the three considered in EPA's calculations, points to the difficulty of coming up with accurate figures while climate science is still evolving. "It's a slow process," he says, noting that while there is documentation on rising sea levels, there are little data on such factors as methane release from melting permafrost, the impacts of ocean acidification, and the timing of the potential disintegration of the West Antarctic Ice Sheet. "We as social scientists can't [offer...

Author: /time Magazine | Title: Putting a Price Tag on the Melting Ice Caps | 4/3/2010 | See Source »

...Crimson, the contest represents much more than just another non-conference matchup—it’s a pivotal moment in the process of bringing the team to the forefront of the lacrosse world...

Author: By Evan J. Zepfel, CONTRIBUTING WRITER | Title: Blue Devils Loom Large | 4/2/2010 | See Source »

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