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Word: beare (lookup in dictionary) (lookup stats)
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...from Woolworth's to Kmart, has eventually spit the bit, unable to cope with market shifts. Wal-Mart is a far superior operator to any of those has-beens--it will produce $20 billion in operating income this year. But being king is an awfully heavy weight to bear, and Wal-Mart is feeling the strain...

Author: /time Magazine | Title: Restoring Wal-Mart | 11/2/2007 | See Source »

...family. But one reason the region may be ill-prepared for a wave of new addicts is Asians' reticence and shame when it comes to getting mental-health treatment. "In the Chinese community, we don't have a help-seeking culture," says Ong. "Professional counseling and psychotherapy still bear a negative image." And even those who recognize they need help may have difficulty finding it; there are few gambling-treatment programs like Gamblers Anonymous in the region and little public funding is available to form new ones. In Macau, the Industrial Evangelistic Fellowship's center is one of just three...

Author: /time Magazine | Title: High Stakes | 11/1/2007 | See Source »

...Then the subprime credit crisis hit, and suddenly some high-flying hedgies had their heads handed to them. Two Bear Stearns hedge funds worth a total of $1.5 billion collapsed due to their exposure to toxic subprime debt, a debacle that was preceded by the subprime-fueled demise of a hedge fund run by Swiss bank UBS. Basis Capital, an Australian firm with more than $2 billion in assets, was forced in August to liquidate its Basis Yield Alpha Fund, which had previously been one of Australia's best-rated hedge funds. Numerous quant funds, which use computerized analysis...

Author: /time Magazine | Title: Which Way Out? | 11/1/2007 | See Source »

...Indeed, hedge funds in their original form were designed to reduce investment volatility by profiting in bear markets as well as bull. But some wonder if the industry is in danger of becoming a victim of its own success. The number of funds has swelled from 6,297 in 2003 to nearly 10,000 today, raising concerns that an influx of young, inexperienced managers will find it increasingly difficult to post market-beating returns. Managers charge a lot for their expertise - typically a 2% annual management fee plus 20% of profits. But with funds multiplying in both diversity and complexity...

Author: /time Magazine | Title: Which Way Out? | 11/1/2007 | See Source »

Last week, governor Deval Patrick hosted a fantastically well-attended rally for Barack Obama’s presidential campaign. There, speaking to a crowd on Boston Common bearing banners of catchy words like “Change,” “Hope,” and (even) “Movement,” Obama tried to prove his anti-establishment credentials by pledging to put an end to the “game-playing in Washington.” Four days later, ten thousand gathered at the same location in a national day of anti-war activity...

Author: By Adaner Usmani | Title: From Politicking to Politics | 11/1/2007 | See Source »

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