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...will we believe the next offering that Wall Street will be retailing this week? "It's a buying opportunity!" "It's a short term blip!" A new report by Bernstein Global Wealth management notes that booms and busts often result in "unduly pronounced security mispricing," meaning, we tend to overdo things. Take banks, which were crushed in 1990 by real estate losses. (Sound familiar?) Ultimately, the game reset and bank stocks zoomed 199% through 1996, outpacing...

Author: /time Magazine | Title: Getting Suckered by Wall Street — Again | 9/16/2008 | See Source »

About 80 percent of her graduate student advisees tend to go on to jobs in academia, she said...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Mount Assumes Helm of OCS | 9/16/2008 | See Source »

...coinciding with the passage of the 26th Amendment by which citizens age 18 and older were granted voting rights. A primary aim of the FUDAA was to reduce typically high teenage TFRs by limiting access to alcohol for this age group. TFRs for 16-19-year-olds tend to be approximately double those for people 25 or older. By 1988, all states and the District of Columbia had capitulated and adopted a drinking...

Author: By James M. Wilsterman | Title: Please Think Responsibly | 9/16/2008 | See Source »

...found that Internet rumor discussions tend to follow the same "sense-making" path that face-to-face interactions do: People bring the rumor to the group, they set forth hypotheses and provide information, opposing camps sometimes arise, the hypotheses are evaluated, and either a consensus is achieved or the group splinters on this point. Online rumor can travel faster and farther than the office water-cooler circle; this has implications for the rumor's accuracy. If discussion is active and people of diverse opinions engage in it, the rumor stands a fair chance of becoming accurate. If, on the other...

Author: /time Magazine | Title: Q&A: How to Combat Gossip | 9/15/2008 | See Source »

Americans may despise pork in someone else's district, but they tend to view it as vital infrastructure when it comes home; that's why so many Americans despise Congress but still support their local members of Congress. And that's why McCain's steadfast opposition to all earmarks requested by individual members of Congress - the common definition of pork - could be a political liability. As a procedural matter, it makes sense to stop Representatives from slipping pet projects into law, although some legislators argue that earmarking is a useful check on executive power, and that earmarks are just...

Author: /time Magazine | Title: Could McCain's Crusade Against Pork Backfire? | 9/15/2008 | See Source »

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