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Wells mentions a rumor dating back to the 18th century that the earl once gave Shakespeare a thousand pounds, possibly to allow the Bard to purchase the second largest house in Stratford-on-Avon. That would be an extraordinary amount of money even from a patron who was, as Wells...

Author: /time Magazine | Title: Is This What Shakespeare Looked Like? | 3/9/2009 | See Source »

Settlement is a renegotiation of debts that stops short of bankruptcy. Unsecured creditors such as credit-card issuers are willing to accept sharply reduced paybacks from especially troubled customers because they might not get a penny in bankruptcy court. The field has been replete with shady operators and high fees...

Author: /time Magazine | Title: Credit Problems Are Climbing the Income Scale | 3/9/2009 | See Source »

Indeed, congressional leaders would do well to learn from the lessons of the past. Nearly eight decades ago, as the Great Depression was beginning to plunge the United States into ever-greater economic peril, Congress—at the behest of the agricultural and industrial lobbies—passed the...

Author: By The Crimson Staff | Title: A Poor Excuse | 3/8/2009 | See Source »

In the beginning, Usman joined a Kashmiri militant outfit, but soon he banded together with other Pakistanis, including Saeed, to form LeT. "The Kashmiris appreciated us because we were good fighters," says Usman. "Unlike the Kashmiris, who only did hit-and-run attacks, we stayed and fought for hours." That...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

But some analysts buy the government line and argue that the worst may be passed. "Generally, there is hope that Russia can come out of the turbulence a lot faster than the rest of the world," says Richard Hainsworth, CEO of RusRating, a Russian credit ratings agency. "There is a...

Author: /time Magazine | Title: Is the Worst of the Economic Crisis Over For Russia? | 3/7/2009 | See Source »

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