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That didn't stop car manufacturers like Toyota and BMW from pulling out of the sport anyway (Honda had quit at the end of 2008.) That leaves only three major carmakers - Ferrari (owned by Fiat), Mercedes-Benz and Renault (though the latter recently sold a majority stake in the racing team to Luxembourg investment firm Genii Capital) - still in F1. "The sport just wasn't delivering the value," says John Howett, head of Toyota Motor Sports. For the new season, some of the old names have been replaced by entrepreneurs with more dash than cash. Ecclestone calls the new teams...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

Although they fell victim to the Lampoon's trickery, Smith and her blockmates were eventually placed in Leverett anyway. But other pranked freshmen, like Taryn I. Kurcz '13, discovered later in the morning that they were not actually assigned to Leverett...

Author: By Keren E. Rohe, CRIMSON STAFF WRITER | Title: Lampoon Hoaxes Freshmen With 9/11-Themed T-Shirts | 3/13/2010 | See Source »

...stars, in other words, were not exactly aligned for a backroom bipartisan deal. Dodd tried anyway - first with Richard Shelby, the ranking Republican on his committee, and after that crashed and burned, with Corker, a junior member of the committee who seemed more open to a compromise. Over the last several weeks, they did manage to reach agreement on some less controversial elements of reform, such as systemic risk regulation and rating agency liability, but it was never clear how they would bridge fundamental differences like the consumer agency, derivatives regulations and shareholder protections. When I spoke to Corker last...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

...well as leaks from their talks, suggest that those compromises - stripping the consumer agency of enforcement power, exempting payday lenders from new regulations, blocking any state regulations that are stricter than federal ones - would remove teeth from the bill. And perversely, that would make consensus - which is pretty unlikely anyway - just about impossible...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

...What, I venture, will represent the gold? O'Rahilly seems affronted. "Gold will represent the gold," he snaps. "We're going to have a quarter of a million euros of real gold. Who is going to come to a museum to see a pile of gold-painted pebbles? And anyway, leprechauns don't deal in anything else." (See the top exhibitions...

Author: /time Magazine | Title: Ireland's New Museum for Leprechauns | 3/11/2010 | See Source »

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