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...Banks still have time to be approved for the TARP program. Applications for the program are officially not due until Nov. 14. And the Treasury Department has confirmed only a few of its investments. Moreover, taking government funds will force the firms to restrict executive compensation as well as make it tougher for them to increase their stock dividend. So some banks may pass. On Wednesday, officials of the Bank of Oklahoma said they would not tap the TARP program, adding that the bank was well capitalized...

Author: /time Magazine | Title: Banks Left Out of TARP Bailout Could Face Extinction | 11/13/2008 | See Source »

...Hedge funds restrict themselves to extremely wealthy investors who understand the risks involved and who can hypothetically absorb occasional big losses. In return, the industry has largely been exempted from the regulatory and disclosure requirements imposed on more common mutual funds. But hedge funds haven't just been the domain of the ultra-rich. Other pools of wealth, including university endowments and public pension funds, have put their money in so-called funds of hedge funds, which spread risk by investing in a portfolio of hedge funds and hence are considered safer. But since hedge funds are doing badly...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...regardless of political ideology or other constraints,” such as content or the origin or destination of the information, according to Co-director of the Berkman Center John G. Palfrey, Jr. ’94. For example, Internet providers would not be able to restrict user access to Web sites based on which ones provide them with more money. Currently, the government does not explicitly enforce network neutrality, said Zimmerman. Although the Berkman Center does not take any official stances on any issues, Palfrey said he is “certainly an advocate of network neutrality...

Author: By Melody Y. Hu, CONTRIBUTING WRITER | Title: Obama Strong on Internet Neutrality | 11/11/2008 | See Source »

...concern is that conservatives will use those same tactics - statewide referendums aimed at overruling court decisions or rebuffing reluctant legislators - to restrict other rights. In Arkansas, for example, voters easily passed an initiative that did what state legislators had refused to do: ban adoptions and even foster-parent roles for unmarried couples, including gays. Now the state joins Utah, Florida and Mississippi as a place where gay couples cannot adopt. Trantalis and others are worried that even as the gay rights movement continues to win court victories, those very victories may prompt stronger and stronger backlashes, jeopardizing hard-won rights...

Author: /time Magazine | Title: Activists Rethink Their Gay-Marriage Tactics | 11/11/2008 | See Source »

...study found that a hormone called vascular endothelial growth factor (VEGF) activates the cells’ replication. Receptors on the outskirts of the endothelial cells normally bind with VEGF and restrict its activation. The team found that two gene mutations are likely responsible for missing receptors...

Author: By Noah S. Rayman, CONTRIBUTING WRITER | Title: Harvard Researchers Find Likely Tumor Cure | 11/7/2008 | See Source »

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