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In the midst of the worst financial crisis since the Great Depression, Canada has joined the ranks of governments that in recent weeks stepped up to help banks cope with more fallout from bad U.S. subprime mortgages. In Canada's case, however, the reason for the assistance is a little...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

So why did Ottawa agree to insure the money they routinely borrow from other banks, a practice that keeps their credit operations liquid? Ironically, the troubled non-Canadian institutions that received capital injections and loan guarantees in other countries now carry a government seal of approval that tilts the playing...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

Why has Canada withstood the subprime tornado better than other countries, and should the Canadian banking system be a model for G-7 and G-20 leaders when they gather in Washington on Nov. 15? Consider that the Geneva-based World Economic Forum, an influential think tank whose annual conference...

Author: /time Magazine | Title: Why Canada's Banks Don't Need Help | 11/10/2008 | See Source »

In the raunchy opening minutes of “Role Models,” Danny (Paul Rudd) and Wheeler (Seann William Scott) chug energy drinks, verbally assault a preteen, and note that their green-tinged urine looks “like Shrek’s piss.” It?...

Author: By Evan T. R. Rosenman, CONTRIBUTING WRITER | Title: "Role Models" | 11/7/2008 | See Source »

Roxanna sped from the garden, her hands as white as cream and her cheeks flushed with feeling. She had resisted The Stable Boy. She had seen through his clothes, seen through the glistening musculature, seen through the radiant curls, seen through to the very center, to the black void that...

Author: By Lesley R. Winters, CONTRIBUTING WRITER | Title: The Stable Boy: Chapter 12 | 11/7/2008 | See Source »

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