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What Happens when Countries Go Bankrupt?

What Happens when Countries Go Bankrupt?
The International Monetary Fund has already helped out Ukraine, Iceland and Hungary.
If many more countries need assistance, the IMF may need help of its own.

First it was mortgage lenders. Then large banks began to wobble. Now, entire countries, including Ukraine and Pakistan, are facing financial ruin. The International Monetary Fund is there to help, but its pockets are only so deep. (Pics)

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Analysis, Big Problems, Business, Money Talk, Record Breaker

What’s the Safest Place for My Money?

What’s the Safest Place for My Money?

The past two weeks have seen some of the biggest names in finance brought to their knees. The bailout of AIG followed bankruptcy at Lehman Brothers, the sale of brokerage house Merrill Lynch and the nationalization of Fannie Mae and Freddie Mac, the quasi-public mortgage buyers. So with all that going on, what’s the safest place for my money?

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Wikipedia To Become Human Gene Repository

 Wikipedia To Become Human Gene Repository

Have you made your deposit into the gene bank?

U.S. scientists are developing a “Gene Wiki” with the aim of fostering a flexible, organic archive of human genetic information.

The project exists within Wikipedia, and is expected to speed up the process of deciphering genome sequences.

According to Andrew Su, whose report of the project appears this week in the scientific journal PLoS Biology, the researchers were emboldened to develop the Wiki by Wikipedia’s “Be Bold” ethos.

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