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Partha Mohanram, a professor of accounting at Columbia University and an expert on financial disclosure, agrees that firms that co-locate are at a huge advantage because as exchanges are charging for the service, it can't be considered equal access, even if the service is being offered to everyone. "To say that all high-frequency trading is bad and should be banned is an overreaction, but if preferred access is being sold, that is a problem that should be addressed," he says...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...infamously long hours, with employers offering few systems to help working mothers keep a manageable balance between their jobs and families. "Because of the very high price of child-rearing in Korea, it may prove more economical to stay behind helping children to do better in the school," says Professor Chang Pil Wha of Seoul's Ewha Womans University. Finding a job after maternity leave can also be an uphill battle...

Author: /time Magazine | Title: Will High-Heel-Friendly Streets Keep Seoul's Women Happy? | 8/5/2009 | See Source »

...possibility of re-engaging Washington in talks - though not in the so-called six-party format, which includes all of North Korea's direct neighbors, that Obama favors. "We must pay keen attention to what signal North Korea sent to Bill Clinton," says Yun Duk min, a professor at a think tank affiliated with the South Korean Foreign Ministry. "A key to break the stalemate may lie in there." (See pictures of North Koreans going to the polls...

Author: /time Magazine | Title: Can Clinton Reverse the U.S.–North Korea Downward Spiral of Diplomacy? | 8/5/2009 | See Source »

...economics student, hopes to eventually return to South Korea as a professor, a position that would enable her to pursue a career and, one day, a family. But she knows that other Korean women may not be as lucky, and their needs aren't being met by a plan that accommodates shoe choice over equal opportunity in the workplace. "They are saying that they are doing many things for women, but we do not see any noticeable changes," she says. "They are wasting citizens' money out of the tax that they pay. We don't want pink parking spots." What...

Author: /time Magazine | Title: Will High-Heel-Friendly Streets Keep Seoul's Women Happy? | 8/5/2009 | See Source »

...inmates for bouts of violence earlier this year, including fatal attacks on prison wardens at two of the country's biggest prisons. "We haven't had the hangman for 22 years and these criminals have been very dangerous to society because they are idle," Casper Awuondo, a sociology professor at the University of Nairobi, tells TIME. "They have been using their mobile phones to threaten people, extort money, do all sorts of things, because they are idle." (See pictures of prison life in Baghdad...

Author: /time Magazine | Title: Kenya's Death Row Inmates Get Life Instead | 8/5/2009 | See Source »

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