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None of that is to say that the bailout bill won't help at all. Paulson and Co. have a lot of flexibility under the legislation, and could ultimately act as a kind of sovereign wealth fund, injecting cash for equity, as famed investor Warren Buffett recently did with Goldman...

Author: /time Magazine | Title: Why the $700 Billion Isn't Helping | 10/7/2008 | See Source »

But even the unprecedented Fed decision was quickly discounted by the market. Chris Low, chief economist of FTN Financial, said buying commercial paper was a "very good move," but explained that "investors almost have to see things work now before they'll believe them." In particular, Low pointed out, investors...

Author: /time Magazine | Title: Wall Street's Crisis: When All News is Bad News | 10/7/2008 | See Source »

But what happens when another more alarming, more immediate catastrophe co-opts people's fear? That's the predicament greens find themselves in now, with what is potentially the worst financial crisis since the Great Depression scaring Americans out of their wits. With the tanking economy dominating the news, and...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

The credit crunch is also crunching funding for new clean-energy projects. When the global economy was surging over the past several years, fossil fuel prices were surging as well; the cost of oil exceeded $150 a barrel at one point this year. The economic slowdown has shrunk those prices...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

What these surveys may begin to indicate is something that very few are willing to entertain: there may exist a correlation between SAT scores and socioeconomic status because there is a correlation between socioeconomic status and intelligence. In his most recent book, “Real Education,�...

Author: By Lucy M. Caldwell | Title: Speaking Truth To Test Scores | 10/7/2008 | See Source »

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