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...real estate meltdown, that's a scary thought. Recent analysis from Standard & Poor's (S&P) anticipates that a full 37.5% of such loans (dubbed option ARMs) that were written in 2007, at the height of lax lending, will eventually go bad. The kicker is that most option ARMs undergo payment spikes after five years, which means the brunt of the impact has yet to be felt. That will change in late 2010, delivering another blow to the fragile housing market just as it begins to regain strength...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

...worried should we be? Perhaps very, according to a chart from a recent report by Amherst Securities. The chart shows the dollar value of loans that will undergo a 10% or more jump in monthly payments, an amount that plenty of families would find unaffordable considering nearly 1 in 10 workers is out of a job. The chart has two big peaks - the first is the rush of subprime resets that peaked in late 2007 and early 2008; the second is the upcoming wave of option ARMs, which don't hit their full reset stride until 2011. By the middle...

Author: /time Magazine | Title: How Big Is the Threat from Option ARMs? | 2/19/2010 | See Source »

...untreated. This is partly because American women tend to prefer a watch-and-wait approach to illness during pregnancy, says Dr. Shari Lusskin, director of reproductive psychiatry at the New York University (NYU) Langone Medical Center. Women's "hands-off method" - which may stem from an unwillingness to undergo treatment that could harm the fetus - combined with a general societal stigma that is still associated with depression, makes for a "'Don't ask, don't tell' sort of environment when it comes to depression during pregnancy," says Lusskin...

Author: /time Magazine | Title: Postpartum Depression: Signaled During Pregnancy? | 2/11/2010 | See Source »

...chaste enough to crown queen on May Day, turn to the one youth they can be sure is a virgin: the spineless, blandly upright Albert Herring (Zander J. MacQuitty ’10). Understandably embarrassed at having his sex life (or lack thereof) on display, Albert is forced to undergo the further humiliations of wearing a funny hat and being pointed at. He’s miserable until he drinks a glass of spiked lemonade, which not only gets him through the day but also propels him into a night of deliberate, serial offstage sinning. To the impotent consternation...

Author: By Spencer B.L. Lenfield, CONTRIBUTING WRITER | Title: 'Albert Herring' Nails Humor | 2/9/2010 | See Source »

...there, you take a 45-minute flight from Anchorage (or undergo a spectacular 600-km drive), which will carry you to the little fishing port of Valdez. It may seem ironic that the scene of one of the world's worst environmental disasters - the Exxon Valdez oil spill of 1989, which released 40 million liters of crude oil into Prince William Sound - is also your gateway to great powder and exciting ski terrain. But Valdez has been a mecca for big-mountain skiing since the early 1990s, when Emily Coombs and her late husband Doug, two of America's most...

Author: /time Magazine | Title: Skiing in Alaska: Sheer Heart Attack | 2/3/2010 | See Source »

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