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...Analysts say the verdict, which is by law not open to appeal, could put an end to any hopes the still-influential Thaksin has for a political comeback in his homeland. But it would not necessarily put an end to his legacy, says Panitan Wattanayagorn, a political analyst at Bangkok's Chulalongkorn University - or the current divisions over him that have Thailand's people on the edge of violence. Sometimes said to be the most divisive political figure in Thailand's history, Thaksin remains enormously popular with the rural poor for his populist policies like cheap health care and easy...

Author: /time Magazine | Title: Thai Court Gives Thaksin Two Years | 10/21/2008 | See Source »

...estate remains a financial haven for wealthy individuals from riskier nearby countries like Iran and Pakistan. What's more, Dubai's real estate sector is dominated by a handful of major companies - collectively dubbed "Dubai Inc." - that are directly or indirectly owned and controlled by the government. This means, analysts say, that Dubai authorities could effectively stave off a bubble burst by keeping finished projects off-line until market conditions improved. In the event of a systemic threat, Dubai can probably rely on super-rich Abu Dhabi for a bailout. "We consider it highly likely that the authorities will step...

Author: /time Magazine | Title: How Wall Street's Bust Threatens Dubai's Boom | 10/19/2008 | See Source »

...mortgages vastly complicates efforts to help homeowners. People with knowledge of the mortgage business believe that proposals to buy up individual home loans and refinance them, as proposed by Senator John McCain, seem impractical at best. "You can't get whole loans out of trusts," says Joshua Rosner, an analyst at Graham-Fisher. "To do so, you would need the approval of all the bond holders, which can be thousands of investors spread around the world." Worse, Rosner says, for most mortgage trusts, the government has no data or records that would identify those investors...

Author: /time Magazine | Title: Homeowners Ask: Hey, Washington, a Little Help? | 10/16/2008 | See Source »

...They built their house on the beach," says Tim Morris, an analyst with stockbroker WiseOwl.com. "Now that the storms have come, they can't help but watch their house subside into the ocean." And Macquarie? More diverse sources of revenue mean "it's better built to weather the storm," Morris says. But the borrow-to-buy infrastructure model "is dead in the water...

Author: /time Magazine | Title: End of the Toll Road? | 10/16/2008 | See Source »

Political analyst and University of Central Florida professor Aubrey Jewett, who also resides in Feeney's district, said the ad could backfire as otherwise unengaged voters get clued in. "If they had asked me, I would have suggested not to run it," Jewett said. "It's hard to say exactly how it will pan out. It did bring the scandal to more people's attention." Georgetown linguistics professor Deborah Tannen, author of The Argument Culture: Stopping America's War of Words, says political apologies are rarely perceived as genuine, leaving in question their impact...

Author: /time Magazine | Title: A Florida Republican Tries to Survive Abramoff | 10/15/2008 | See Source »

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