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...board seats, and it wouldn't actively seek to influence how the banks were being run. It doesn't have to; Treasury has regulatory control over the banking system anyway. Harvey has proposed that the government set up an investment vehicle similar to the Resolution Trust Corporation that rode to the rescue following the savings-and-loan crisis in the 1980s...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

...walk in the Philadelphia area, some 5,000 people took part on a beautiful summer day to raise $3 million for the LAF. "These aren't fun runs," says Armstrong. "They are very emotional, tearful times." Some participants had cancer; some were survivors. And most of those who rode by bore on their backs the names of dead relatives, a rolling graveyard passing through the placid Pennsylvania countryside...

Author: /time Magazine | Title: He Won His Battle With Cancer | 9/4/2008 | See Source »

...Orleans. For decades, Louisiana's southern parishes have clamored for a series of gigantic levees across the coast--a kind of Great Wall of Louisiana--starting with a 72-mile (116 km) Morganza-to-the-Gulf dike for the city of Houma and some exposed bayou towns. Keith Luke rode out Gustav in his shrimp boat; his hometown of Dulac, once nestled behind cypress swamps and marshes, is now surrounded by open water. "We need levees," Luke said after the storm. "This is one bayou that's not protected ... I'm sure we're going to get our turn...

Author: /time Magazine | Title: Gustav's Lessons for New Orleans | 9/4/2008 | See Source »

...DeJean rode out the storm at his house. He took several seconds to consider how to protect bayou communities like his - and whether a kind of Great Wall of Louisiana would be built. He says: "It probably could help. But you need floodgates on everything. The only way it'd work is for everything to be connected. You couldn't have pieces [of the levee] here-and-there, you know?" he says, standing outside his one-story white clapboard house...

Author: /time Magazine | Title: Where Gustav Came Ashore | 9/3/2008 | See Source »

...says. The problem: that imbibing bloated him like a balloon. He added 10 lbs. onto his chiseled, compact frame. So he spent Monday ridding himself of water weight the tortured way in which wrestlers usually do: Cejudo hit the sauna, then wrapped himself in a plastic sweatsuit and rode an exercise bike. He shed it all in 90 minutes...

Author: /time Magazine | Title: A US Shocker on the Wrestling Mat | 8/19/2008 | See Source »

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