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...Cramer's Jim Cramer? What person do you turn to for financial advice? -Edward Kaufholz, Winter park, Fla. There's a bunch of guys I really respect. I respect my friend Doug Kass, who had called the market's absolute bottom, 630 on the S&P. That was just an unbelievable, home-run call. I also still go back and look at what Peter Lynch wrote...

Author: /time Magazine | Title: 10 Questions for Jim Cramer | 5/14/2009 | See Source »

...first formal hearing since the recent release of the agency's so-called torture memos. Senator Sheldon Whitehouse, a Democrat from Rhode Island, fired the first recriminatory salvo, suggesting that the goal of the hearing - conducted by a subcommittee of the Senate Judiciary Committee - was to get to the bottom of the Bush Administration's "body of lies." Republican Senator Lindsey Graham of South Carolina fired right back, suggesting that the hearing would be a "political stunt." (See pictures from inside Guantánamo Bay's detention facilities...

Author: /time Magazine | Title: Partisan Passions Dominate Interrogation Hearings | 5/13/2009 | See Source »

...hold its tongue about the rate at which the deficit is growing. It is still forecasting that GDP will only drop 1.2% in 2009. That number is clearly improbable which should shake whatever confidence the taxpayers have in the forecast. Anyone watching the process of budget revision as the bottom line gets progressively worse understands that a $2 trillion deficit for the year is possible, and perhaps likely...

Author: /time Magazine | Title: Forgiving a Mistake in the Federal Budget | 5/12/2009 | See Source »

...that. We raised three babies and a toddler in that old van, which means it was doomed from the start to be both filthy and loved. That trim we sheared off during our first family vacation. The crayon mural across the backseat. The permanent apple-juice glaze at the bottom of the cup holders. The energetic scribble engraved with mommy's keys in the car door. The Cinderella stickers fused to the back window. We have stories, and memories, to match every disgusting inch of that...

Author: /time Magazine | Title: My $4,500 Lemon: Taking the Feds Up on Cash For Clunkers | 5/8/2009 | See Source »

...Nano, which was designed to bring some middle-class comforts to the masses, the homes are geared for the hundreds of millions of Indians making less than $5,000 a year who are unable to afford decent dwellings. "We have realized that there is an opportunity at the bottom of the pyramid," says Brotin Banerjee, CEO of Tata Housing Development. (Read "India's Top Automaker, Tata Motors, Hits a Rough Patch...

Author: /time Magazine | Title: From India: First Nano's $2,000 Car. Now the $7,800 Nano Home | 5/8/2009 | See Source »

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