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...question such a specter poses to both banks and governments is vexing: doesn't extending new loans to companies and individuals whose income might significant suffer during economic shrinkage risk creating the same sort of toxic debt that provoked the on-going global crisis in the first place...

Author: /time Magazine | Title: World Markets Stabilize, but Recession Fears Grow | 10/15/2008 | See Source »

Bailout Fallout This notion of a government bail-out [Oct. 6] is not a question of liberal vs. conservative but one of right or wrong. This one is wrong. The burden will fall on the people who need this money much more than greedy executives do. The executives should go down, just as any of us would have to. I realize the economic implications, but this country was built on sacrifice, and we may have to sacrifice again. Nicholas Gamba, SAYREVILLE...

Author: /time Magazine | Title: Heroes of the Planet | 10/15/2008 | See Source »

What really surprises me: why did nobody ask the simple question, "What will happen if a large number of these subprime loans default? What will happen to banks and other financial institutions? Or was it only greed that made everybody ignore that what is happening now could ever happen. Did no one take into account that thousand of families would have their lives turned upside down - virtually overnight - if this scheme went wrong?" Frederik Steenbuch, OSLO

Author: /time Magazine | Title: Heroes of the Planet | 10/15/2008 | See Source »

...Every person in your class does all of their work, fights for front row seats in lecture, and answers every single question in section with a reference to a particularly enlightening footnote. (Read: everyone in the class is a freshman...

Author: By Stephanie M Bucklin, CONTRIBUTING WRITER | Title: 15 Reasons to Drop A Class | 10/15/2008 | See Source »

...respondent opted out of this question, another noted that the coke should be “with rum.” Also, in the survey as given, this question appeared first...

Author: By Joseph P. Shivers, CONTRIBUTING WRITER | Title: Coke (Coca-Cola) Kills (Sperm) | 10/15/2008 | See Source »

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