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Nowhere was that more true than in the ill-conceived investment to turn the twinned 11,000-unit middle-class housing complex known as Stuyvesant Town and Peter Cooper Village, built originally to accommodate World War II veterans, into luxury housing, for which limits on yearly rent increases are chucked in favor or whatever the market will bear. The prospectus offered by the lead investors, Tishman Speyer and Larry Fink's asset-management fund BlackRock, imagined evicting 50% of rent-regulated tenants in just a few years. But tenants fought back and won in a court decision that also undercut...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...relatively harmless substances like the B vitamin inositol, which are added by lower-level dealers looking to stretch supplies - levamisole appears to be added to cocaine from the outset, in the countries of origin. The substance has been found in various concentrations in cocaine analyzed in countries around the world, from Switzerland to Australia. And urine tests of cocaine users attending a drug clinic at San Francisco General Hospital in 2009 - one floor above Graf's office - found that 90% of samples were positive for levamisole; similar tests in Seattle revealed that 80% of cocaine users there had levamisole...

Author: /time Magazine | Title: A Common Cut in Cocaine May Prove Deadly | 1/20/2010 | See Source »

...consuming salt far in excess of what is good for them," says lead author Dr. Kirsten Bibbins-Domingo of UCSF. "What we are suggesting is that a population-wide effort to reduce salt intake even slightly will have health benefits." (See the most crucial health issues around the world...

Author: /time Magazine | Title: Study: Cutting Salt Can Have Big Health Benefits | 1/20/2010 | See Source »

...morning after Massachusetts state senator Scott Brown pulled off an election upset for the U.S. Senate seat left vacant by Ted Kennedy, which shocked the political world, TIME political correspondent Karen Tumulty caught up with him to talk about why it happened and what it might mean...

Author: /time Magazine | Title: Scott Brown: If Dems Push Senate Bill Through, 'They'll Pay for It Dearly' | 1/20/2010 | See Source »

...where digitalization has permeated almost all entertainment, Darshan proves that simple, living shadows can marshal spectators' imaginations equally well. "The show is really about you," says Bartabas. "Your interior world, your childhood memories, your fears, your dreams." See zingaro.fr for more...

Author: /time Magazine | Title: Darshan: A Fabulous Equine World | 1/20/2010 | See Source »

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