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...extreme highs relative to the current price. Therein lies opportunity: buying and holding oil now, then selling it in the future, can generate an almost risk-free profit. Citigroup has already leased a supertanker to store oil that it will sell later this year. (Read "A Brief History of the Oil Barrel...

Author: /time Magazine | Title: How Citigroup Makes Hay in the Oil Market | 2/2/2009 | See Source »

...brief look at the numbers makes this clear. According to a CBS News poll conducted earlier this year, three out of four Americans still believe that racism and sexism continue to be serious problems, and over six in ten African-Americans had recently heard a racist remark. A 2007 Department of Justice survey also found that blacks and Hispanics are more than twice as likely as whites to be searched, arrested, threatened, or subdued with force when stopped by police. The mere fact that an African-American was elected does not mean that there were people who specifically...

Author: By Nafees A. Syed | Title: The Post-Racial Myth | 1/28/2009 | See Source »

...Read "A Brief History Of: Hangover Cures...

Author: /time Magazine | Title: Battling Addiction: Are 12 Steps Too Many? | 1/27/2009 | See Source »

...Once Madoff is imprisoned or dies, the circus of press coverage will die down. We will be left with only our memories of him and several dozen biographies that will come on and off the best seller list in a matter of months. (See a brief history of Ponzi schemes...

Author: /time Magazine | Title: Farewell To Madoff, Who Leaves Us Too Soon | 1/26/2009 | See Source »

...Perhaps it's true that if sufficiently angered by U.S. trade policy, China would feel compelled to inflict economic pain on itself by dumping U.S. debt, in order to send a message to Washington. But Geithner, despite his brief rhetorical flourish about manipulation, knows what his job is when it comes to persuading foreigners (whether governments or individuals) to continue to invest in Treasuries. Sources close to the Administration say that thus far he has argued privately that "what the world wants to know, first, is that we are going to fix this [economic and financial] problem and make people...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

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