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That neurosis still shrouds Guatemala City, a gloomy capital that no amount of marimba music can brighten. Rich and poor communities alike are surrounded by walls topped with enough razor wire and rifle-toting guards to look like penitentiaries. This year tandem motorcycle-riding was banned because it was such a popular M.O. for drive-by shootings, and daylight saving time was canceled because the dark mornings created too many opportunities for foul play. Even so, bus drivers face being killed by armed extortionists during rush hour, and lawyers who complain about government corruption can turn up under the bougainvilleas...

Author: /time Magazine | Title: In Guatemala, Chasing Away the Ghost of Alvarado | 7/20/2009 | See Source »

...amount you can borrow is based on interest rates, your age and the value of your home. (Use the calculator at rmaarp.com for an estimate.) There are no credit or income requirements to get a reverse mortgage, but you must be able to keep up with property taxes and insurance bills--or you could lose your home. The up-front costs are high. Generally, $10,000 to $15,000 in fees are lopped off the amount you can borrow. Finally, if someone is pressuring you to take one of these loans in order to buy something else, that...

Author: /time Magazine | Title: The Pros and Cons of Reverse Mortgages | 7/20/2009 | See Source »

...lapses in judgment because they think, He's one of us. Berlusconi, Severgnini wrote this year, is "not only Italy's head of government, but the nation's autobiography." By contrast, when a leader gets out of sync with her followers, all the brilliance in the world doesn't amount to much. British Prime Minister Margaret Thatcher found that out in 1990, when her colleagues in the British government and Conservative Party simply got tired of the endless drama over Thatcher's European policy and dumped...

Author: /time Magazine | Title: No Charisma? Don't Worry, You Can Still Be a Leader | 7/20/2009 | See Source »

...will be an impact player right away for us,” Biega wrote. “The qualities he has is exactly what [our] team will be about this year. He is a blue collar player who has a tremendous amount of skill who will be able to score some goals for us next year...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: NHL First-Round Pick Leblanc Harvard Bound | 7/20/2009 | See Source »

...issued a white paper warning Schwarzenegger that the sharp reduction endangers the 10-campus system's position as the premier public university in the United States and could have a negative impact on California's future economic growth. According to UC officials, the cut in state funding brings the "amount of state investment in the University down to $2.4 billion - exactly where it was in real dollars a decade ago." During the same period, spending on state prisons has more than doubled, to $11 billion. (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: California's Crisis Hits Its Prized Universities | 7/18/2009 | See Source »

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