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...before they get too big and unmanageable. Yet with the price of stocks plummeting and an onslaught of investors asking for their money back, many funds aren't nearly the size they once were - so they're taking on fresh investors. A number of portfolio managers, especially the value-conscious sort, are also seeing cheap stocks all over the place and want extra money to buy in. One of the reasons Longleaf Partners reopened earlier this year was that its managers had identified some $1.5 billion worth of securities they wanted to buy. (Read a brief history...

Author: /time Magazine | Title: Exclusive Mutual Funds Reopen for Business | 12/1/2008 | See Source »

...they don't make 'em like this anymore, so let me be one of the first to do so. The history of Australia is infinitely darker, more complex and ambiguous than this movie makes it out to be. I know that director Luhrmann can be a much more self-conscious director - see his insanely pretentious Moulin Rouge! - than he is here. But this movie, appearing at the beginning of the season in which movies ranging from Milk to Revolutionary Road go all sober and morally instructive on us, puts us back in touch with our giddy side, with that...

Author: /time Magazine | Title: Australia: Epic Romance Down Under | 11/25/2008 | See Source »

...technological problems. The panelists tried to include an architect in the presentation using Skype, but he could only occasionally be heard. During the question-and-answer session that followed, Sharett lauded University President Drew G. Faust for her commitment to the environment. Harvard’s eco-conscious plans for its new campus in Allston include a voluntary cap on greenhouse gas emissions well below required national standards. The University has committed to keeping carbon emissions 50 percent below national standards in Allston’s new science center and 30 percent below national standards for the rest...

Author: By Danielle J. Kolin, CONTRIBUTING WRITER | Title: Panel Outlines Green City Plan | 11/21/2008 | See Source »

...this year, from 165 last year. Power discounter Wal-Mart launched Operation Main Street, presenting a new round of markdowns every week until Christmas. Mattel will give a $50 Visa card to those who spend $100 on select Barbie toys. Sears and Radio Shack are urging eco-conscious consumers to dump their power-sucking old equipment, offering gift certificates for the trade-in value. Likewise, Staples offers $30 toward the purchase of a new camera or laptop for buyers who recycle...

Author: /time Magazine | Title: Black Friday Is Looking Blue | 11/20/2008 | See Source »

...Chicago. "We're not Al Capone's city. We're not the stockyards of Upton Sinclair's The Jungle." These days Chicago is known for blending working-class kitsch - Da Bears and the Cubbies - with cosmopolitan shopping and restaurants on Michigan Avenue. Its graceful mix of cutting-edge, environmentally conscious modern architecture and classic parks and buildings has actually given it a reputation as a model of a 21st-century metropolis, which the city is hoping to use to help land the 2016 Summer Olympics...

Author: /time Magazine | Title: How the Chicago Way Helped Obama | 11/13/2008 | See Source »

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