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...relatively illiquid market for the buying and selling of loans. Accordingly, this system insured that lenders were unable to sell their loan portfolios easily. Market illiquidity exposed the lender to the risk that individual loans would default or that rising interest rates would force the lender's interest cost higher than its income on the individual loan...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...preoccupation with feculence, the inability to sit still for long periods is a defining characteristic of childhood. But children with attention-deficit/hyperactivity disorder (ADHD) often squirm constantly, even when other kids can remain still. Many parents and teachers respond by trying to get ADHD kids, at any cost, to stop fidgeting. The assumption is that if they could just stop wriggling, they would be able to focus and learn...

Author: /time Magazine | Title: Kids with ADHD May Learn Better by Fidgeting | 3/25/2009 | See Source »

...established practice for medical providers such as hospitals and physicians to charge uninsured patients higher prices than patients with health coverage for the same care. (Insurers can negotiate cheaper prices through contracts and because of volume.) What the new study suggests, though, is that providers often pass along the cost of treating the uninsured to their insured patients. Its analysis found that families pay, on average, as much as $1,100 extra and individuals $410 extra in health-care premiums each year in order to cover the cost of treatment to uninsured patients who cannot afford to pay their bills...

Author: /time Magazine | Title: Do Your Premiums Help Cover the Uninsured? | 3/25/2009 | See Source »

...eagles and a quarter of a million seabirds died as a result of the spill, one of the worst ecological disasters in history, and the populations of those species have yet to fully recover. The lucrative herring and salmon fisheries are still damaged - by one estimate, the spill cost local fishermen nearly $300 million. "On the surface, Prince William Sound looks like it has regained its majesty," says Keith Colburn, an Alaskan fisherman and one of the stars of the reality TV series The Deadliest Catch. "But below the surface it's completely different." (Listen to Colburn talk about...

Author: /time Magazine | Title: Remembering the Lessons of the Exxon Valdez | 3/24/2009 | See Source »

...prefers distributed solar power (by way of roof panels on individual homes) rather than via sprawling power plants and believes technology will come on board within the next few years to make that a more feasible option. "I totally support the development of renewable energy, but at what cost? This is a knee-jerk reaction to stalling global warming. But what kind of costs are we going to do to the environment?" (See where the future of renewable energy lies...

Author: /time Magazine | Title: Solar Power: Eco-Friendly or Environmental Blight? | 3/24/2009 | See Source »

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