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...especially in the U.S. One top official at the Securities and Exchange Commission in Washington, Roel Campos, even likened it to "a casino." But in the first eight months of this year, only 85 companies listed on AIM, compared with 201 in the same period a year ago - and almost twice as many have dropped off it. "Capacity is massively down," says Tom Nicholls, a partner at London law firm LG who specializes in matters related to AIM. The nomads themselves are now under financial pressure - their number has dropped from 80 to 69 - and the remaining ones are pessimistic...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...bigger question is whether the risk-taking, hard-charging, high-living times will give way to a quieter, duller, less profitable and far more regulated era - not so much a golden age as a golden cage. The debt-fueled days are almost certainly history, and households across the capital will have to tighten their belts and live with a lot less leverage; the banking crisis has already made it considerably harder for house buyers to get mortgages of any sort, let alone ones requiring only a tiny down payment. Jon Lloyd, joint head of LG's real estate practice, points...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...markets and move the story off the front page were dashed. The problems keep growing, financially on Wall Street and politically for the GOP: candidates are tanking in the polls, while surveys show voters still trust Barack Obama more on the issue. Obama has solidified his hold on almost every blue state, taken the lead in almost every purple state and gained small but solid leads in several large red states, including Ohio and Florida. John McCain was already bound by a limited set of combinations to reach 270 electoral votes; now, without a major change in the race...

Author: /time Magazine | Title: The Page | 10/9/2008 | See Source »

...sees America the way that you and I see America." So said Sarah Palin about Barack Obama on Oct. 6 as she attacked him for his decision to "pal around" with onetime Weatherman bomber Bill Ayers. With Obama back in the lead, the new, harsher Republican line surprised almost nobody. The Obama campaign declared it a distraction before it even arrived...

Author: /time Magazine | Title: Is Barack Obama American Enough? | 10/9/2008 | See Source »

...sales. "What does Buell bring to Harley?" asks Don Brown, analyst and president of DJB Associates in Irvine, Calif. "Good question." In 2007 Buell brought in $100.5 million in revenue and shipped 11,513 bikes, compared with Harley's whopping $5.7 billion and 330,619 bikes shipped. "They're almost like a rounding error," says Ed Aaron, an analyst at RBC Capital Markets...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

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