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...when FieldReport's first official monthly contest ended, the skeptics were silenced. A total of $25,000 in checks went out to the authors of the winning stories in each of FieldReport's contest categories (there are 21, from "Animal Beings" to "Life + Me" to "Love + Hate" to "Style+Beauty+Body"). The most highly ranked story on the site for the month won an extra $4,000 prize. In July, $40,000 had gone out to the victors of a trial-run "beta" contest, including a grand prize of $20,000 to the author of the most popular story overall...

Author: /time Magazine | Title: A Writing Prize for the People, by the People | 10/9/2008 | See Source »

...jobs and investment from around the world. The big U.S. banks made London their international hub, and the major continental European banks moved much of their trading and investment banking operations there. About 70% of international bonds, one-third of the world's foreign exchange and almost half the total volume of international equities are traded in London, more even than New York, its only remaining rival as the world's financial capital. Hedge funds piled into Mayfair on the heels of private-equity players. Any self-respecting Russian oligarch has a Knightsbridge mansion, sends his kids to élite...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...that fear is everywhere, how does Weiss feel? In some ways, more fearful than ever. Speaking over the phone from his office as markets plunge around the world, Weiss, 61, says: "The possibility of a total financial collapse is higher than at any time I've ever seen. We just don't know how bad things could...

Author: /time Magazine | Title: One Financial Doomsayer Sees More Doom Ahead | 10/8/2008 | See Source »

...Obama out of context questioning the activities of American troops in Afghanistan, a few piped up with cries of “treason”; elsewhere, the response “kill him!” could audibly be heard. The moment the debate ended, the governor gave up totally on asking questions about how America could be, planted her feet, and antagonized anyone who doesn’t like how it already is. According to political legend, when he was told by a supporter that “every thinking man in America” (they were...

Author: By James M. Larkin | Title: Exception to the Rule | 10/8/2008 | See Source »

...Scher also notes that in a state where almost a fifth of the total electorate are independents, many of Florida's young voters have no party affiliation. That, he argues, makes them an even more important swing constituency. "Our generation doesn't like labels,"says Moller. "But I do think we're going to turn Florida from an independent state that votes Republican to one that votes Democrat...

Author: /time Magazine | Title: Young Voters Could Be the Deciding Factor in Florida | 10/8/2008 | See Source »

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