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...sufficiently committed to prevent the world's finance and banking sector from collapsing - worries temporarily allayed by rescue plans announced over the weekend in Washington and Paris, and detailed in trillion-dollar-terms Monday. But the confidence those measures inspired in global markets has given way to more classic concerns among traders of a looming economic downturn - or quite probably recession - undermining the business activity and results of traded companies. That souring of spirits was evidenced Wednesday with indices sliding across Asia and Europe, and Wall Street following suit with...

Author: /time Magazine | Title: Recession Fears Drive World Markets Starkly Downward | 10/16/2008 | See Source »

...word because I find it terribly elusive. As a biographer, I'm tempted to say [temperament] is a distillation of life's experiences that leaves a residue, if you will ... There are Presidents for whom it is very easy to say what their temperament is. Harry Truman is a classic example. Probably Lyndon Johnson would be another example. Ronald Reagan [is another], but there are others for whom I'm not sure it works quite as well...

Author: /time Magazine | Title: What Kind of Temperament Is Best? | 10/16/2008 | See Source »

...It’s a classic love story: Girl walks up to boy wearing headphones and says “Hey, what’s on your playlist?” As he recites the amazing number of artists stored on his tiny digital media player (this classic love story is also a commercial), time revs forward through their courtship, wedding, children’s birthdays, and finally settles on the two of them with silver hair and bifocals.On the most superficial level, the spot simply advertises the tremendous storage capacity of Verizon’s latest phone. But what...

Author: By Jillian J. Goodman | Title: Our Sonic Youth | 10/16/2008 | See Source »

...want you, Joe, to do the job," referring to a plumber Barack Obama had met on the campaign trail. The job, in this case, was finding health insurance. And in years past, McCain would have had the better of this argument - it is the classic division between liberals and conservatives. But 2008 has proved to be a new and frightening moment for the American electorate, and having the government help in finding, and funding, health care doesn't sound like such a bad idea anymore. McCain had a feisty debate, with some high points and a bit too much anger...

Author: /time Magazine | Title: Round Three | 10/16/2008 | See Source »

...Harvard men’s golf team regrouped after a lackluster day one to make a solid appearance at the Big Five Classic in Philadelphia this weekend. Nearly every player’s scores plummeted on day two, earning the Crimson a ninth-place finish ahead of both Cornell and Penn, the host of the tournament. A standout performance by freshman Mark Pollak anchored the team. With individual scores of 71 and 77, the recruit was the only player not to blink on day one. “My game had been finally turning around, and I was pretty confident...

Author: By Elizabeth A. Joyce, CRIMSON STAFF WRITER | Title: Weak Day One Stifles Crimson | 10/13/2008 | See Source »

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