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...Ferran Adria, of course, is not just any cook. He is the chef of elBulli, the globally celebrated restaurant about two hours outside Barcelona for which patrons can wait years to secure a reservation - 2 million requests are fielded each year for 8,000 spots. And he's here because he's been hailed as the father of "molecular gastronomy" (a term that does not appeal to him), having invented the technique of reducing foods to their essence, and then transforming the form in which they're presented - flavored foams and the like - techniques now common in high-end restaurants...

Author: /time Magazine | Title: Adria at Harvard: The Top Chef and the Scientists | 12/11/2008 | See Source »

...nearly $15 billion. "In theory, if the government wanted to sell [today], it would not get 100 cents on the dollars it invested," says Jean-Francois Tremblay, who follows financial institutions at bond-rating agency Moody's. "But the government can just hold on to its investment and wait until it gets paid back...

Author: /time Magazine | Title: Treasury Investments Already $16 Billion in the Red | 12/11/2008 | See Source »

...floodlighting is so patchy that he can barely make out the numbers on the shirts. That's par for the course in Thailand's shambolic and unpopular league, where facilities are poor, and players and officials often outnumber fans. The game ends 0-0, but Reid doesn't wait for the final whistle - he nips off early to watch a live broadcast of Manchester United playing Liverpool. Who can blame him? Every football fan in Thailand is doing exactly the same...

Author: /time Magazine | Title: An Englishman in the Land Of Smiles | 12/11/2008 | See Source »

...fail, the industry would feel it. No one knows how far the impact would spread, and whether it would trigger the collapse of any retail credit unions. In 1995, Capital Corporate Credit Union, which serviced the White House and Pentagon employee credit unions, failed because of heavy investments in - wait for it - collateralized mortgage obligations. It cost 483 retail credit unions an estimated $25 million...

Author: /time Magazine | Title: Are Credit Unions in Trouble? | 12/10/2008 | See Source »

...Lowdown:Kids are accidents waiting to happen - and too often you don't have to wait long. There's a reason human children have so long a period of dependency compared with other mammals, and it's that it takes them that long to learn to look out for themselves. Until then, it's up to adults to take charge. The WHO's report can help...

Author: /time Magazine | Title: How to Save 829,000 Kids a Year | 12/10/2008 | See Source »

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