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...With only a part-time job - she visits office-supply stores and makes sure that the floor-model printers have enough paper and ink for demonstrations - Stevens found she could pay for food and utilities, or she could pay the mortgage. Not both. After she fell four months behind on her payments, the bank moved to foreclose. Stevens briefly considered letting the bank have the house, but her oldest daughter, Maggie, 28, has a new baby and is enrolled in nursing school. "I just have to get her through that," Stevens explained. So after several sleepless nights, she decided...

Author: /time Magazine | Title: House of Cards: The Faces Behind Foreclosures | 2/27/2009 | See Source »

...Harvard Foundation honors celebrity guest comedian Dan Aykroyd, original cast member of “Saturday Night Live” and the co-creator of the Blues Brothers. “We admire Dan Aykroyd for his development of the House of Blues and his contribution to making sure that African American music and blues are things that people are made aware of,” says Jacqueline C. Hairston ’10, co-director of the afternoon show...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Diversity Remains Focus of Cultural Rhythms | 2/27/2009 | See Source »

...Congress and the Congress wouldn't put a check on the White House, so everyone spent what they wanted and we ended up with trillion-dollar deficits," says Representative Jim Moran, a Virginia Democrat who nevertheless voted for the package. "We have a responsibility as Democrats to make sure that we don't do that sort of thing - that when the White House is willing to make tough budgetary choices, that Congress plays a constructive role." Apparently, that new responsible role doesn't officially start until fiscal...

Author: /time Magazine | Title: Does Obama Have a Double Standard on Earmarks? | 2/26/2009 | See Source »

...next week. "This is a frank and respectful discussion that essentially began in earnest on Monday," says Dr. Nancy Nielsen, president of the AMA. "What we're hearing from him is that there is an urgent need for health-care reform and that we also want to make sure that we get it right when we do those reforms...

Author: /time Magazine | Title: Obama Moves Health Care to the Front Burner | 2/26/2009 | See Source »

...trading floor (actually a U-shaped conference table in a nondescript downtown office) of the Harare bourse, but Zimbabwe's central bank forced the exchange to shut down last November amid allegations of fraud and rampant speculation - allegations deemed spurious by Zimbabwe's small investment-broker community. To be sure, the exchange was producing annual nominal returns of 23 sextillion percent, but Zimbabwe's inflation rate is even higher, rendering the bourse's real return close to -35%. Still, the government was taking no chances. "People took every shortcut to get instant riches," Gideon Gono, Zimbabwe's central-bank governor...

Author: /time Magazine | Title: 25-Min. Workweek on Zimbabwe's Stock Exchange | 2/26/2009 | See Source »

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