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...black, up or down ... in the end, you're just betting on the direction of prices. And just as in roulette, the house will hold an advantage. In this case the house effectively consists of big players like Goldman Sachs who own supercomputers that can easily stay one step ahead of your moves. Also, since you're not a big player the action is going to come at a steep cost. You'll pay more in exchange fees and commissions than the big boys, and get less profitable prices, buying slightly higher and selling slightly lower than they...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...sacrifice that leads to a lasting marriage, according to researchers. In a 2006 study by Scott Stanley, the director of the Center for Marital and Family Studies at the University of Denver, and colleagues found that the willingness to forgo personal interests and put a partner's needs ahead of one's own was directly linked to a long-lasting, happy marriage - provided that such sacrifices weren't damaging or one-directional. "If your partner has a really big opportunity to sacrifice because of some crisis in your life, and they don't, that's pretty bad," says Stanley...

Author: /time Magazine | Title: In Marriage, Worse First Can Mean Better Later | 8/8/2009 | See Source »

Even so, the LAPD has hurdles ahead. It must trim $130 million in spending, a consequence of the cuts imposed by the City Council and mayor to close Los Angeles' $530-million budget shortfall. Police administration officials are considering imposing mandatory furloughs starting in October, the Los Angeles Times reported. In addition to a diminished police presence, severe cuts to health and social service programs, and education, will likely add to social woes and, thus, a possible uptick in crime. Because of such challenges, Bratton feels strongly that the next chief should be chosen from from within the department...

Author: /time Magazine | Title: Why is Los Angeles Losing Its Police Commissioner? | 8/8/2009 | See Source »

...series of strokes, he can no longer walk, is fed through a tube and communicates by pointing to letters of the alphabet on a board. The three prison guards who stood watch over his hospital bed round the clock have been removed. Their departure comes just one day ahead of Biggs' 80th birthday and the 46th anniversary of the train robbery...

Author: /time Magazine | Title: 'Great Train Robber' Freed from Jail | 8/7/2009 | See Source »

...hours on a recent evening, the headaches of keeping a step ahead of Iran's notorious security forces begin to fade. Skateboarders, BMX bikers and aggressive inline skaters zip down the quarter-pipe in their baggy street wear, pumping their arms whenever they land a tricky move. Small groups of teens from relatively well-off families, some still in middle school, stand on the sidelines staring in awe while beats spin over the booming speakers...

Author: /time Magazine | Title: Graffiti, Hip-Hop, Sk8s: Tehran's Young Rebels Battle the Crackdown | 8/7/2009 | See Source »

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