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...Soon after, Palin agreed to her first (and so far only) postnomination TV interview, with ABC's Charles Gibson, who had just blogged that controversies like Palin's husband's membership in a secessionist party and her daughter's pregnancy "are issues of family and should remain so." Deference accomplished...

Author: /time Magazine | Title: Defeat the Press | 9/11/2008 | See Source »

...P/Case-Shiller national index--has made once safe mortgages look perilous and Frannie's capital cushion look alarmingly skimpy. In July, in another of his Sunday bombshells, Paulson asked Congress for the authority to do (and spend) whatever it took to keep the companies from going under. He soon got what he wanted, and he said he hoped that alone would be enough to see them through. But after taking a closer look at the exact state of their capital reserves and watching buyers begin to shy from their debt, he stepped...

Author: /time Magazine | Title: With Fannie and Freddie, the US Is Bailout Nation | 9/11/2008 | See Source »

...been telling people that it's way too soon to estimate this," says Bert Ely, a financial consultant based in Alexandria, Va., who delivered some of the most accurate estimates of the cost of the savings-and-loan crisis of the 1980s. The S&L experience is instructive: the cost estimates started low (Ely's first guess was $25 billion), then eventually grew to $500 billion. The actual price tag, as calculated by the Federal Deposit Insurance Corp. (FDIC) long after the fact: $123.8 billion, or about 2% of annual GDP during the bailout years. That's equivalent...

Author: /time Magazine | Title: With Fannie and Freddie, the US Is Bailout Nation | 9/11/2008 | See Source »

When Gen Ed officially launches next fall, counting new Gen Ed classes for Core credit will be crucial to making sure that the Class of 2012 has enough flexibility as the last class to graduate under a soon-to-be-extinct curriculum...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Gen Ed Program Fits Core For First Years | 9/11/2008 | See Source »

...that won't stop his opponents from questioning his powers of empathy. Cameron has endured precious few upsets. One came in 1997, when he failed in his first bid for Parliament. Still, his old job - as head of corporate affairs at media group Carlton Communications - awaited, and he was soon selected as Conservative candidate for Witney, near Oxford, where he has served since...

Author: /time Magazine | Title: David Cameron: UK's Next Leader? | 9/11/2008 | See Source »

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