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...there a possibility of a return to March lows? It's unclear to me as to whether or not we have to break below the March lows [6440 on the Dow], but I'd be very wary about chasing the stock market right now. We don't have many similar historical examples to look at, but in light of credit contractions and asset deflation, it should be understood that this is not a normal manufacturing-inventory recession. Nor was the 1930s. At that time, we bounced off July 1932 stock market lows, and three months later the market...

Author: /time Magazine | Title: Is the Stock Market Rally an Illusion? | 6/2/2009 | See Source »

...walking around looking for new extracurricular activities and found one for the rest of my life, I guess you could say,” Downer said. Girlfriend became fiancée while the two were on vacation with Owings’ family in Jamaica this past Christmas break, after the couple had been together for over two years. Downer and Owings had just watched the Dallas Cowboys lose a game and a playoff berth. “I started to cry because it was really, really sad for Josh that his team had lost and I knew it would have...

Author: By Victoria B. Kabak, CRIMSON STAFF WRITER | Title: Joshua S. Downer ’09 and Taylor M. Owings ’08 | 6/1/2009 | See Source »

...subject during his senior year. After a series of encounters in which Aljawhary’s family and friends asked Jou to answer a “list of questions” in order to gauge his potential as a husband, Jou proposed officially over last Thanksgiving break. In a symbolic acknowledgment of Aljawhary’s Egyptian background, Jou, whose parents are Iranian, wrote and pronounced the proposal in Arabic. While the moment may have been awkward for everyone involved, Jou noted playfully that “she is still more embarrassed than...

Author: By Claire M. Guehenno, CRIMSON STAFF WRITER | Title: Ola B. Aljawhary ’09 and Daniel R. Jou ’08 | 6/1/2009 | See Source »

Government and private Web networks in the U.S. have emerged as frequent targets for online scofflaws. The Pentagon reported some 360 million attempts to break into its networks last year, up from just 6 million in 2006. That includes a reportedly successful attempt to hack into the $300 billion Joint Strike Fighter project and copy data about the aircraft's design and electronics systems. The espionage is believed to have originated in China. Experts say computer criminals in China and Russia have also infiltrated America's electrical grid, covertly installing software to potentially damage it at any time (the governments...

Author: /time Magazine | Title: Cybercrime | 6/1/2009 | See Source »

Latin American leaders usually have few qualms about lecturing the U.S. on what they regard as the folly of its Cuba policy, especially of late. Reintegrating Cuba has become a priority issue for many if not most of the region's governments, who see it as a way to break with the Cold War politics and U.S. hegemony that burdened the region in the 20th century. Calls for Washington to lift its 47-year-old trade embargo against Cuba have rarely been louder, especially since President Barack Obama, who is popular in Latin America, seems to be opening the door...

Author: /time Magazine | Title: Inside the OAS's Cuba Conundrum | 6/1/2009 | See Source »

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