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...with Fed staffers in the banking supervision division, the group came to believe the aggregate data was obscuring the underlying dynamics of the financial system. "If you say New England has a snowstorm with an average snowfall of two inches, that might not reflect the fact that Boston got ten inches and northern Maine got none," says Ethan Cohen-Cole, another of the economists...
...less would be considered a weakness, especially in a leader. British Prime Minister Gordon Brown has two sons. So does Italian Prime Minister Silvio Berlusconi, while French Prime Minister Nicolas Sarkozy has three. Even his Majesty King Letsie III, potentate of Lesotho, has a son. (See TIME's Top Ten Photos...
...TIME's Top Ten News Stories...
...Ten men and one woman were sentenced to death in Texas in 2008, according to the Texas Coalition to Abolish the Death Penalty. It was the lowest annual figure since the 1976 reinstatement of the death penalty. Texas handed out more than 20 death sentences in each of 2003 and 2004. In 2005, the number fell to 14, and it has not risen above that annual figure since. "The need for revenge, for vengeance is being curbed, the appetite is no longer there," contends Robert Hirschorn, a nationally known Texas attorney and jury consultant who has helped pick juries...
...than Seattle, what about one part of San Antonio compared to another? One block of downtown Seattle compared to the next block? "Without that knowledge, renewables can be a bit of a crap shoot,' says Kenneth Westrick, the CEO of the renewable mapping company 3Tier. (See TIME's Top Ten Green Ideas...