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...most powerful argument that bank experts make about why Citi is not valued correctly is that, first, no one has access to its books, and second, the bank has so many levels of debt and equity that no one can unravel what the convertible preferred and senior notes are worth, let alone the common stock. That point of view leaves out the most obvious aspect of valuing Citi's stock which is that it is followed by thousands of experts. Cit trades over 400 million shares a day. With that much volume and that many experts, the market for evaluating...

Author: /time Magazine | Title: Banks are Worth What Their Stock Prices Say They're Worth | 4/7/2009 | See Source »

After a four-week rally, stocks moved lower on Monday and Tuesday. Does this spell the end of the uptrend or just healthy consolidation? To find out, TIME contributing editor John Curran spoke with Mary Ann Bartels, stock market technical analyst at Bank of America/Merrill Lynch...

Author: /time Magazine | Title: Is the Stock Market Headed Back Down? | 4/7/2009 | See Source »

After serving half of a 14-year jail term, Sara Jane Olson, 62, member of the '70s radical group the Symbionese Liberation Army, was released on March 17. In 2002, Olson was convicted of trying to bomb Los Angeles police cars and for her role in a deadly bank robbery...

Author: /time Magazine | Title: Milestones | 4/7/2009 | See Source »

...Washington Every Country for Itself Despite a pledge not to enact new protectionist policies--which economists say could worsen the global recession--17 of the G-20 countries have implemented such measures in recent months, according to the World Bank. Individual nations' attempts to preserve jobs and industries through tariffs or subsidies "can lead to a negative spiral of events," according to the bank's president. In its report, the bank says 47 separate isolationist measures have been put in place since November...

Author: /time Magazine | Title: The World | 4/7/2009 | See Source »

...Billions in loans to GM and Chrysler--dubbed a "direct subsidy" by the World Bank...

Author: /time Magazine | Title: The World | 4/7/2009 | See Source »

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