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...problem with those answers, with most answers, is that they strive to contain cause and effect within a single trading day when the real story is much, much bigger. There is "distrust in the marketplace - and in the government's ability to handle the crisis," says Peter Cardillo, chief market economist at investment shop Avalon Partners. "That's basically feeding on itself...

Author: /time Magazine | Title: A Market Meltdown That Won't Stop: Is This Rational? | 10/9/2008 | See Source »

...urgently need a Kyoto protocol to address financial climate change, fight the greed-house effect and reverse the decline of ethics. We must curtail the emissions of toxic investment funds and promote and reward the development of sound financial products for the sake of global economic health. Ray Moser, Lausanne, Switzerland...

Author: /time Magazine | Title: Inbox | 10/9/2008 | See Source »

...even Paulson's team of whiz kids is struggling to keep up with the biggest financial crisis the U.S. has faced in more than 75 years. Kashkari must quickly figure out how to spend the first chunk of the $700 billion to maximum effect. He's looking at devices like a reverse auction, where holders of bad loans will compete to sell them to Treasury at the lowest cost to taxpayers. And he has to figure out how to extract from sellers not just complex debt vehicles like mortgage-backed securities but also plain old faltering home loans with local...

Author: /time Magazine | Title: Whiz Kid, Hot Seat | 10/9/2008 | See Source »

...year-old former motorcycle racer from small-town Pennsylvania has this kind of effect on people. There's something about his restless enthusiasm and unpretentious charm that makes you want to hang out with him--and buy his bikes. Just ask Harley-Davidson. The hogmaker fell under Buell's spell 15 years ago when it decided to purchase a 49% stake in the tiny company as a way to attract a younger demographic to the iconic baby-boomer brand. Harley kept increasing its stake over 10 years and finally bought it all in 2003, even though Buell accounts...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

...films reach many, many more,” he said. Burns is famous for bringing history to life, even when dealing with periods before the advent of the moving image. One technique people who use Apple editing software will be familiar with is his namesake, the Ken Burns Effect. In this technique, the camera slowly zooms or pans across a still image, carrying the viewer’s focus along with it. Burns, who originally wanted to be a feature film director in the style of John Ford, was exposed to the potential of the still image by his photography...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: Ken Burns Pans Over National Parks | 10/9/2008 | See Source »

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