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Dates: during 2000-2009
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That idea is similar to one put forth in a recently published book of economic-policy proposals written by professors at New York University's Stern School of Business. Under their system, a company that wanted to have its debt rated would pay a fee to a government-run centralized clearing platform, which would then pick a ratings firm. Firms, again, would be evaluated on the accuracy of their ratings over time. "It breaks the conflict of interest," says Matthew Richardson, a professor of applied financial economics at Stern...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

While the study only looked at one newspaper, if the larger findings hold true, it?s not just areas in which a newspaper folds that will be affected. Municipalities covered by newspapers that have sharply scaled-back newsrooms, such as the Newark Star-Ledger, may also see similar trends emerging, because the papers simply cannot cover as much local news as they had previously...

Author: /time Magazine | Title: What Happens When a Town Loses Its Newspaper? | 3/22/2009 | See Source »

...variously categorized as crust pop, noise punk or even “shitgaze”—a descriptive variant of “shoegaze”—it is not surprising that his second album is every bit as defiantly clamorous as the first. While similarly marked by drilling drumbeats and tense clashes of chords, “Wavvves” takes more risks with electric frequencies and unusual noises. Some of these risks pay off, producing an engaging and original sound, but many backfire in alienating and even annoying ways.For a newcomer to the industry?...

Author: By Antonia M.R. Peacocke, CONTRIBUTING WRITER | Title: Wavves | 3/20/2009 | See Source »

...theories feed off the fact that no one's exactly sure how the rocks got to their present location - the origin of some were traced as far as a Welsh mountain range 137 miles away from the Stonehenge. Although modern tests employing only technology from the era have moved similar stones, there's still no full explanation for how ancient people managed such a feat. Hence, aliens...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

...book in the marketplace," he says. "We didn't choose them. It was the people selling the book who chose the title, because it would sell well." If they could chose a title, Wang says it would have been China's Goals for the Next 30 Years or something similar. But who would want to read that...

Author: /time Magazine | Title: A New Book Reveals Why China Is Unhappy | 3/20/2009 | See Source »

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