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...institutions that were technically bankrupt to delay taking in fresh capital - a move that would have hurt existing shareholders but would have restored banks to health. The government dawdled for more than half a decade, allowing banks to carry on in a diminished capacity despite the fact that with key lending institutions crippled, the broader economy could not thrive...

Author: /time Magazine | Title: Lessons From Asia's Last Meltdown: Act Fast | 10/10/2008 | See Source »

...LAGS IN INDIANA AND IS competitive in North Carolina, but Obama is ahead in other key states...

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

...ended his lengthy introduction and began this film of witchcraft, torture, and rampant sexual urges in 17th-century England. In lieu of a plot summary, which would—trust me—be absolutely pointless, allow me to mention some choice moments from the film that emphasize its key aspects.The dialogue, dubbed in English from its original French, included choice lines like “A woman’s weeping is like a melodious modulation,” spoken by the royal Lord Jeffries while a female character is tortured. Later, the maniacal and (of course!) secretly lesbian...

Author: By Jeffrey W. Feldman, CRIMSON STAFF WRITER | Title: Nunsploitation in the Brattle Grindhouse | 10/9/2008 | See Source »

...ruling coalition last month. Questions of the country's future relationship with Russia and the West remain contested in Ukraine's political maneuvering, but it was not manipulation on the part of Moscow that brought down the Yushchenko government. The immediate threat comes from Yushchenko's erstwhile key coalition partner, the ambitious populist politician Yulia Tymoshenko. She had joined with him in the "Orange Revolution" that eclipsed Moscow's preferred candidate at the end of 2004, but she has since been engaged in a power struggle with him and has left no doubt as to her intention of ultimately seeking...

Author: /time Magazine | Title: The Trouble (for McCain) with Ukrainian Democracy | 10/9/2008 | See Source »

...immediate challenge for Tymoshenko will be to beat out the Party of the Regions in the race for control of parliament. But such are the divisions among the Ukrainian electorate that no clear winner is likely to emerge from the snap election, and the key question will be, Which two of the three major parties will end up forming a coalition? Tymoshenko cooperated with the Party of the Regions to further eclipse Yushchenko's presidential prerogatives last month and may yet do so again - but the shape of the next government will be settled as much at the polls...

Author: /time Magazine | Title: The Trouble (for McCain) with Ukrainian Democracy | 10/9/2008 | See Source »

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