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...been described as a "sucker" or a bear market rally. One means about the same as the other. The premise is that the long term trend of the indexes is down. Once in awhile, investors will stir from their depressions to watch the dead cat bounce. In this case, the Dow is up 10% since March...

Author: /time Magazine | Title: Falling in Love with the Sucker Rally | 3/18/2009 | See Source »

...Benedict repeated the Vatican's long-standing opposition to the distribution of condoms, saying it actually hindered the fight against AIDS in Africa. The church says AIDS should be combated through sexual abstinence and reinforcment of the traditional family. But that is the standard Catholic line. In this case, Benedict has the rest of the church hierarchy behind his opinion...

Author: /time Magazine | Title: A Besieged Pope Benedict Gets Some Love in Africa | 3/17/2009 | See Source »

...charged with repeatedly raping his daughter over the 24 years that he kept her locked in a prison beneath his house and fathering seven children by her, one of whom he is accused of murdering. But lest the journalists grow tired of focusing on the ugly details of the case, folders handed out in the press tent helpfully list gourmet restaurants and fashionable new nightclubs in town and include brochures from the local tourism board. At a lavish media reception in the town hall on Monday, Mayor Matthias Stadler sought to promote his town as a tourism and cultural center...

Author: /time Magazine | Title: Austria Squirms in Limelight of the Cellar-Incest Trial | 3/17/2009 | See Source »

...Mayor Stadler's efforts to use the occasion to promote tourism in Sankt Poelten may be emblematic of Austria's inclination to evade the uncomfortable questions raised by the Fritzl case. It came to light just two years after Austrians learned of a surprisingly similar case: that of Natascha Kampusch, kidnapped at age 10 by another engineer and kept in a purpose-built cellar prison for eight years before she escaped in 2006. The form of incarceration wasn't the only thing the two cases had in common: not a single social worker, police officer or government official has taken...

Author: /time Magazine | Title: Austria Squirms in Limelight of the Cellar-Incest Trial | 3/17/2009 | See Source »

...Many officials, all the way up to the Chancellor, have insisted that the Fritzl case is an isolated affair, although one of the chief investigators in the case has expressed a belief that there may be other cellars in Austria where captives are being held...

Author: /time Magazine | Title: Austria Squirms in Limelight of the Cellar-Incest Trial | 3/17/2009 | See Source »

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