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...dramatic examples, are down more than 90% from their 2007 peaks. There are arguments, relating to incentives for executives and future shareholders, for wiping out current shareholders at the most troubled banks. But that won't pay for anything - the shareholders simply don't have much more value to cough up. Same goes for those who work in the business. Many have lost their job and life savings, and most have seen their salary cut. Yes, there have been egregious bonuses and golden parachutes - and we ought to claw them back - but that won't pay for a trillion-dollar...

Author: /time Magazine | Title: The Great Bond Bailout | 3/12/2009 | See Source »

...kitchen gadgets, lawn and garden items, buckets, bins and bath accessories - were slumping. Sales of air fresheners and deodorizers also dropped. "If you're lucky enough to have a couple of extra dollars, do you really need your bathroom to smell minty fresh?" asks Shea. Both insect repellants and cough and cold remedies were struggling. We'll suffer mosquito bites and sniffles for a few extra bucks. (Read "America's Shrinking Groceries...

Author: /time Magazine | Title: What Sells in a Recession: Canned Goods and Condoms | 3/11/2009 | See Source »

...factor of nearly 6 over the past two decades, from $4.5 billion in 1986 to $25.7 billion in 2006, and governments around the world are demanding that Beijing boost the safety of what it produces. In 2006, after more than 100 people died in Panama upon consuming cough medicine that contained toxic diethylene glycol from China, the mainland's food- and product-safety problems became an international concern. Adulterated wheat gluten from China was blamed for the death of thousands of pets in North America in 2007. That year, the U.S. Food and Drug Administration banned several types of Chinese...

Author: /time Magazine | Title: Will China's New Food-Safety Laws Work? | 3/3/2009 | See Source »

...always thought that eating fewer calories would lead to weight loss. Well, after two years, an 811 person study, and who knows how much money (cough, financial crisis, cough), Harvard’s setting the record straight...

Author: By Michelle L. Quach | Title: Eat less, lose weight! | 2/25/2009 | See Source »

...wonderful in many ways but these gangs put a lot of effort in because they make money from it," said Straw, who as Home Secretary established the National Hi-Tech Crime Unit to crack down on exactly such activities. "In a lot of cases, they do get people to cough up." To the merriment of his Westminster colleagues, none of Straw's constituents put hand into pocket to rescue their MP. (See a story about how one web browser warns users about potential phishing sites...

Author: /time Magazine | Title: Cabinet Minister Needs Cash: The Jack Straw Scam | 2/25/2009 | See Source »

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