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...sure what to do about it. Not only are most politicians unfamiliar with the financial techniques involved, but the whole field is evolving so rapidly that new legislation may be obsolete by the time it passes. "No one has any idea what the policy should be," says Bert Ely, a banking consultant who in 1989 correctly predicted that the savings-and-loan bailout would cost taxpayers about $150 billion. "It's a problem for all the industrialized countries. Computers are allowing the creation of purer and purer financial plutonium, and frankly, the regulatory process cannot keep...

Author: /time Magazine | Title: The Devil's in the Derivatives | 10/10/1994 | See Source »

...cancer to unfold that most people end up dying of ! other causes. Indeed, contrary to popular perception, getting cancer is not at all easy. To begin with, a cell must accumulate mutations not in just one or two genes but in several. In the case of colon cancer, Dr. Bert Vogelstein and his colleagues at Baltimore's Johns Hopkins Oncology Center have shown that a cell must sustain damage to at least three tumor-suppressor genes and one oncogene. The first mutation spurs the growth of the cell, triggering the formation of a benign polyp. Later changes cause the polyp...

Author: /time Magazine | Title: Stopping Cancer in Its Tracks | 4/25/1994 | See Source »

Wilson, 64, won the 1979 Pulitzer Prize for his book On Human Nature, which explored the role of biology in socialization. He also shared the 1991 Pulitzer for the work The Ants with Bert Holldobler, a former Harvard zoologist...

Author: NO WRITER ATTRIBUTED | Title: Wilson to Hold New Professorship | 4/23/1994 | See Source »

Times change. In a stunning reversal last week, MCI announced a deal to acquire 17% of the same venture, Nextel Communications, for a whopping $1.3 billion. "Things were different then," says MCI chairman Bert Roberts Jr. "MCI faces an entirely new world today...

Author: /time Magazine | Title: War of the Wireless | 3/14/1994 | See Source »

...number one cited scientist in the world, according to Science Watch, is Bert Vogelstein, molecular biologist at Johns Hopkins University who has investigated the activity of a tumor suppressor gene...

Author: By Vivek Jain, | Title: Stuart Schreiber Named Fourth 'Hottest' Scientist in the World | 3/1/1994 | See Source »

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