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...should investors approach the bifurcated bond market? Should they run for the safety of Treasuries or consider the neck-wrenching yields now available in other sectors? Notes money manager Hartman: "From a relative-value standpoint, bonds offer an unusual investment opportunity" that he expects to pay off once the housing market bottoms and the financial outlook improves. "Investment-grade corporate bonds are very cheap, and high-yield bonds similarly offer great value at these levels," he says. Treasury bonds on the other hand, are widely viewed as overvalued on the basis of what can only be characterized as the Armageddon...

Author: /time Magazine | Title: Stocks Say Recession, but Bonds Say Depression | 12/11/2008 | See Source »

...past, reid's motivational style has inclined toward shouting and swearing, usually at the same time. But he has promised a new approach in Thailand. "I want to get the best out of these players and you can't do that shouting at anyone," he told reporters. Instead, Reid puts his primitive Thai to comic effect on the training ground. "Despite the language problem, you can have laughs," he says, before gamely - if not entirely successfully - attempting to count to five in Thai...

Author: /time Magazine | Title: An Englishman in the Land Of Smiles | 12/11/2008 | See Source »

That's why Donahoe, a Whitman hire at both eBay and Bain, where he spent more than 20 years, eventually becoming its CEO, carried out a series of rapid-fire changes. He emphasized, for example, fixed-price sales over auctions and got his mitts on the hands-off approach that has defined eBay for years. Many wonder whether the 12-year-old auction giant will emerge with the same DNA once Dennis the Menace departs. "Donahoe has introduced more changes in the last six months than we've seen in the last six years," says Jack Sheng, chief executive...

Author: /time Magazine | Title: eBay Bids for Revitalization | 12/11/2008 | See Source »

...nearly one-fourth of my 25th reunion class formed Harvard Alumni for Social Action (HASA) to try to make improving education for the world’s poorest students part of Harvard’s development approach. We lobbied Harvard to allow our class to set up an alternate gift, in Harvard’s honor, which would build the institutional capacity of a university in sub-Saharan Africa with which Harvard already has academic collaborations. In view of the devastating impact of AIDS on African academics and the dilapidated state of their institutions, we felt that a class donation...

Author: By Paula A. Tavrow | Title: A Better Way To Give | 12/10/2008 | See Source »

...Chinese government's approach to 'modernization' has proven disastrous," the charter states. "It has stripped people of their rights, destroyed their dignity and corrupted normal human intercourse. So we ask: Where is China headed in the 21st century? Will it continue with 'modernization' under authoritarian rule, or will it embrace universal human values, join the mainstream of civilized nations and build a democratic system? There can be no avoiding these questions...

Author: /time Magazine | Title: A New Call for Chinese Democracy | 12/10/2008 | See Source »

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