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...Police alerted Harry to an incident at Bible Town, a ministry retreat in Boca Raton. "Bettie was running through the motel complex, waving a .22-caliber pistol and shouting about the retribution of God." Harry, taking pity on his volatile ex-wife, brought her home to stay with him and his children - Larry, 16, and Linda...

Author: /time Magazine | Title: Bondage Babe Bettie Page Dies at 85 | 12/11/2008 | See Source »

...worry, corporate America, the Treasury's Troubled Asset Relief Program won't trigger a tax bill. In October, the IRS said it doesn't consider money given by the government to the ailing banks as part of the TARP program financial aid. Call it a financial encouragement to stay in business, but not aid. Tax-Loss Carrybacks...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

...corporates were set up in the 1970s, they were meant to provide the liquidity that retail credit unions couldn't get elsewhere. As the era of deregulation descended on the financial-services industry, though, retail credit unions were increasingly able to fund themselves directly in the capital markets. To stay competitive, corporate credit unions knew they had to pay higher yields - and that meant riskier investments. "Over time they morphed into something more like investment banks," says Charles Felker, a managing director for the fixed-income brokerage First Empire Securities and former senior investment officer at NCUA...

Author: /time Magazine | Title: Are Credit Unions in Trouble? | 12/10/2008 | See Source »

There was no shortage of questions surrounding this year's United Nations climate-change summit, which began Dec. 1 in Poznan, Poland. The most obvious: Where was everyone going to stay? Only the fifth-largest city in the sixth-largest country in Europe, Poznan is a curious choice to host one of the most important international conferences of the year, with more than 10,000 delegates, scientists, activists and journalists meeting to map out the future of global climate change action...

Author: /time Magazine | Title: What to Expect from the UN Climate-Change Summit | 12/10/2008 | See Source »

...mother to the prom again. Of course, she ended up leaving in a limo with the Quiz Bowl Team’s buzz-in champion, Eddie “Fast” Fingers. Again. That summer, I got a job as a pool cleaner, hoping to meet all the stay-at-home moms. It turns out the opening scenes of all those movies are a bit misleading. I got nothing but algae. So much algae. The horror. The horror. Freshman year, after I became well known for swatting jump shots from sub-five-foot Indian girls in B-league...

Author: By Daniel K Bilotti and Vincent M Chiappini, CONTRIBUTING WRITERSS | Title: Prestige and Mobility: Sex in Houghton | 12/10/2008 | See Source »

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