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...pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Why Japan's Latest Attempt to Boost Its Economy Won't Work | 12/1/2009 | See Source »

Third, assuming that the past will be prologue, these cuts won’t be applied equally. This raises the question of who will have the loudest voice in advising top administration officials on where to slash. If our recent history is a guide, ex–Wall Street cowboys will have the ear of top administrators, while Harvard’s many stakeholders—the students, faculty, and other staff—will pay the price...

Author: By Wayne M. Langley | Title: At the Crossroads | 12/1/2009 | See Source »

...Hall inductees of different vintages and styles for performances that highlight influence. Or just generate a highlight. The first night tilted toward fogyism, with Crosby, Stills and Nash, Simon and Garfunkel and Stevie Wonder, among others, doing serviceable work before ceding the stage to Bruce Springsteen and the E Street Band, who gamely refused to turn the show into their own by playing with Darlene Love, John Fogerty and Billy Joel. Presumably that was to highlight the influence of New Jersey on Long Island, New York...

Author: /time Magazine | Title: School of Rock | 11/30/2009 | See Source »

...exports and imperil its dollar-denominated investments. China pegged its currency to the dollar years ago in order to hitch its wagon to the world's most dynamic economy but today worries that a declining dollar will impede China's growth. Many in Washington and on Wall Street believe that China's currency policy gives it unfair advantages in trade and that its reliance on state spending rather than domestic consumption is a core cause of the global economic crisis. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Can an Eagle Hug a Panda? | 11/30/2009 | See Source »

...Virginia Beach, had the agonizing task of sorting through the remains of his dead men - young warriors he had fought beside, mentored and led into battle. He also had to tell their families of the deaths. One wife, he recalls, "just ran away from me, ran down the street. I could understand." By Waddell's reckoning, he attended more than 64 memorial services for his friends and comrades in arms. "Finally," says Waddell, "I raised my hand and said I needed help." The doctors' diagnosis: Waddell was suffering from posttraumatic stress disorder (PTSD) - known in previous conflicts as combat fatigue...

Author: /time Magazine | Title: How One Army Town Copes with Posttraumatic Stress | 11/30/2009 | See Source »

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