Word: coverings
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...Block Re your cover story, "Can China Save the World?" [Aug. 10]: Throughout years of turmoil and political instability, the Chinese have often suffered the prejudice and discrimination of Westerners. However, in recent times, China has opened up, transforming an impoverished country into a miracle of history. With a booming economy, a huge population, remarkably high economic growth and with more affluent Chinese willing to spend big bucks on luxury goods, no wonder investors from everywhere are pouring much of their resources into the Chinese market and trying hard to woo many Chinese consumers and companies to their own homelands...
...have titled their debut album the same way, and while it's tempting to think of the name VAMPS as an advertisement for the chugging three-chord rock within, chances are it's more to do with the fangs and bleeding lips on the album cover, the gothic song titles ("Bite," "Sex Blood Rock N' Roll") and an opportunistic nod to the current youthful fad for all things vampirical. Whatever the intent, the name works both ways. (See Asia's best bands...
Your story on Ann Arbor's changing media landscape incorrectly noted that the Michigan Daily--of which I am the editor in chief--doesn't cover the town [Aug. 17]. A quick glance at MichiganDaily.com would have revealed that the Daily does cover Ann Arbor politics and business along with its extensive coverage of the University of Michigan. We were, in fact, the only publication in the city to officially endorse candidates in recent city-council elections. The Daily may not be a new online operation promising to solve journalism's financial woes, but it has been a consistent...
Four years ago, Michael Choe appeared in the pages of this magazine for doing something spectacular: choosing to be a renter. At a time when real estate riches were Topic A ("Home $weet Home," read the TIME cover line), the engineer, from Sacramento, Calif., decided to sell his house and move with his wife and baby boy into a rental. "Compared to owning, rent is cheap," he said back then...
...every institution in the world, because it would have had a big effect on the entire financial system," explains David Viniar, Goldman's CFO. He countered, though, that Goldman would have most likely figured out how to make money trading in such a volatile environment. (See TIME's AIG cover...