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...agreement may have appeased U.S. publishers, but their counterparts in Europe, along with some European governments, are up in arms over it. More than half the books scanned and digitized by Google are not of American origin, but European books aren't expressly covered by the settlement. This has raised the fear that Google could sell books that are out of print in the U.S. but not elsewhere to U.S. users without paying European rights holders a penny. "It is clearly discriminatory towards E.U. rights holders," Anne Bergman of the European Federation of Publishers wrote to TIME...

Author: /time Magazine | Title: European Publishers Fight Against Google Books | 9/10/2009 | See Source »

...Geithner, testifying on Thursday in front of an oversight panel reviewing the government's financial rescue efforts, faced a raft of questions about the effectiveness and the use of those funds. Elizabeth Warren, a Harvard professor and chairperson of the panel, said the average American has seen little or no benefit from the TARP spending. Damon Silvers, associate counsel for the AFL-CIO union, questioned whether TARP had really restored some of its biggest recipients, namely Bank of America, Citigroup and Wells Fargo, to health...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...more unusual exchanges, Hensarling wanted to know if Geithner thought the auto companies were banks. Geithner said under the definitions of TARP, he would call auto manufactures banks. "So would you call AT&T and American Airlines banks?" Hensarling asked. Geithner said no, and then clarified that at least at this moment he would not call AT&T or American Airlines banks. When asked about AIG, Geithner said the government didn't legally have the option to pay less than 100 cents on the dollar to its counterparties. In the past year, many people have criticized Geithner and former secretary...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...many sports cardiologists think that's a bad idea. The American Heart Association (AHA), while agreeing with the need for a screening program, believes that universal ECG tests are not cost-effective and are also likely to result in unacceptably high rates of false-positive results. It recommends that athletes instead be screened through a health questionnaire and physical examination, with an ECG used only as a secondary investigation. "Our current position on screening young people before athletic competition calls for a thorough patient and family medical history and a physical exam as the first line of screening...

Author: /time Magazine | Title: Sudden Cardiac Death: Should Young Athletes Be Screened? | 9/10/2009 | See Source »

...prize excellence of all kinds… part of the American college experience is athletics; it’s a form of excellence. In many communities students can’t afford a cello [for example] but have sports programs… We have the largest number of intercollegiate sports – it has been a way to reach out to students who would not have been able to come to Harvard otherwise, if you look at student athletes later in life it’s amazing what they have done...

Author: By Jillian K. Kushner | Title: Ask the Gatekeeper! | 9/10/2009 | See Source »

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