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...better - fast. It's the emphasis on speed that makes this endeavor something new. The government has thrown big money at education for decades, with very little to show for it. Even under NCLB, most of the failing schools that were forced to make changes did the bare minimum required by federal mandates...

Author: /time Magazine | Title: A Quick Fix for America's Worst Schools | 2/22/2010 | See Source »

Some people with option ARMs have already seen their payments spike, thanks to caps on negative amortization - that is, a loan balance that grows, instead of shrinks, over time. In its report, Amherst dissected one such loan, which was written in 2007 for $465,000 over 40 years. A minimum monthly payment that started at $1,260 soon rose to $1,354 and then to $2,806, more than twice the original amount. The borrower quickly defaulted. Going forward, the bigger problem is the reset that normally comes after five years. Even without negative amortization, many borrowers will see their...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

Cranmer and Rosborough planned to run the clinic for a minimum of six months before turning it over completely to local management, but they now think that they will likely remain in charge for a year. Their goal is “true re-integration” of the hospital into Haitian hands—rather than “just packing up and saying bye,” Cranmer said...

Author: By Araba A. Appiagyei-Dankah, CONTRIBUTING WRITER | Title: Harvard Duo Builds Hospital in Haiti | 2/19/2010 | See Source »

...already tends to think in sports terms anyway. Every city magazine has a "best of" issue whose every category is hotly debated. The stars the local paper gives out make or break restaurants by telling uncertain diners with limited money to spend where they can blow it with the minimum risk. Chefs like to say that they just want to feed people, or, more wussily still, "make my guests happy." But the truth is that they got into the business because they were creative and driven and wanted to do something special, and usually something more special than their peers...

Author: /time Magazine | Title: What the Bocuse d'Or Says About Culinary Culture | 2/16/2010 | See Source »

...They're about theater, about spectacle and the ability to produce towering showpieces like Kent's "Scottish salmon with osetra caviar and sauce Fumet Blanc garnished with roulade of salmon with king crab and meyer lemon relish, and chilled salmon mousse with salmon tartare and salmon roe" in the minimum time. "The people that win [Bocuse d'Or], their food is so over-the-top," says Kent. "The [Bocuse d'Or] dish needs to be a showstopper. It needs to make you go, whoa...

Author: /time Magazine | Title: What the Bocuse d'Or Says About Culinary Culture | 2/16/2010 | See Source »

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