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...stake in Akbank (for $3 billion). "The foreign appetite for Turkish companies and stocks is high," said Hakan Avci, director of asset management at the Istanbul office of Raymond James Securities, a U.S. company, before the recent political blowup. In the past 18 months, Lehman Bros., Morgan Stanley and Credit Suisse bought local brokerages in the country. Avci has since lowered his projections because of the political turmoil but says he is "optimistic that this crisis will be overcome and a solution found." The Turkish government has vowed to press ahead with privatization plans, including a 15% treasury-owned stake...

Author: /time Magazine | Title: Istanbul's Economic Tension | 5/1/2008 | See Source »

Weil helpfully points out the lipstick-on-the-collar warning signs of trouble: maxed-out credit cards, bank accounts with cash missing or unaccounted for, a refusal to discuss finances or unopened bills and general secrecy about money. And watch out for a pattern of revenge shopping binges following fights...

Author: /time Magazine | Title: Business Books. | 5/1/2008 | See Source »

...solution? Weil is a great believer in talking frankly about the problem. But some of her proposed conversations just don't sound real. For example, here's her suggestion for how a workaholic spouse should confront a partner about secret credit-card bills: "You must be so stressed and lonely. I know my working late nights and on weekends contributed to this, big time! I want to help you with a plan for the credit card debt that's accumulated, probably from your 'weariness.'" Words not likely to ever be spoken. But Weil argues persuasively that from the beginning...

Author: /time Magazine | Title: Business Books. | 5/1/2008 | See Source »

...credit a lot of your success to your relationship with your parents. Do you use the same techniques with your children? -Warren Sharp OKINAWA, JAPANI try. I said to my mother, I pray to God that I'm half as successful with my children as my parents have been. For any parent, to sit back and see your kids really enjoying each other, understanding each other, accepting who they are, is a huge...

Author: /time Magazine | Title: 10 Questions for Maria Shriver | 5/1/2008 | See Source »

...seminar taught this fall by history professor Sven Beckert revealed the unfortunate connections between slavery and prominent individuals in Harvard’s legacy. This investigation is a worthy endeavor to increase the awareness of the economic and personal ties to slavery at Harvard. Moreover, it is to the credit of professors and their students that historical surveys of this kind do not have to be institutionally instigated. A top-down approach to such reviews of Harvard’s dusty history is not the ideal way to conduct inquiry into the University’s past. The mandate...

Author: By The Crimson Staff | Title: A New History at Harvard | 5/1/2008 | See Source »

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