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Steven Romick is one of the good guys. He runs a small mutual fund in Los Angeles, FPA Crescent, that prides itself on investing for the long haul. He keeps most of his own money in the Crescent fund, hasn't taken any out since he bought his house seven years ago and turns away would-be market timers at the door. There's no ethical cloud hanging over Romick's fund, but he suspects some people are too scared of funds like his to give it a try. He shakes his head with a disgusted sigh. "Individual investors...

Author: /time Magazine | Title: Are They All Crooked? | 11/17/2003 | See Source »

...export. But the farm's 300 flower varieties aren't all that's blossoming in the cool mountain clime. In downtown Dalat, love is almost always in the air. Dalat has evolved into Vietnam's honeymoon capital. At hot spots like the scenic Valley of Love park and crescent-shaped Xuan Huong Lake, you'll find a lot of Disneyesque diversion, such as swan-shaped paddleboats. They may not be to everyone's taste, but there's no denying the romantic appeal of the town's evergreen forests, waterfalls and lakes. A major draw for many newlyweds is the colonial...

Author: /time Magazine | Title: Hot Spot | 7/14/2003 | See Source »

They are not alone in this. Many Christian groups active in these countries, including some in Iraq, avoid trying to convert the people around them. The practice is clearly out of bounds for those that form partnerships with local Muslim groups or with the Red Crescent (the Islamic version of the Red Cross). Others simply feel that any good done by outright evangelizing is outweighed by the violence it could provoke or the possibility that needy Muslims might be discouraged from accepting aid. Donna Derr, an associate director at Church World Service, a joint ministry of 36 Protestant, Orthodox...

Author: /time Magazine | Title: Religion: Keeping the Faith Without Preaching It | 6/30/2003 | See Source »

...rich and influential live in the Defence and Clifton suburbs, in the latter along a wide, crescent shore, in faux Grecian- or Californian-style mansions. Every few years their walls grow taller?concrete evidence of the rising tide of instability that engulfs Karachi. The latest fad among the very wealthy is to have a lion cub or a Siberian crane (an endangered species), which clacks loudly when a stranger approaches, roaming in the garden. In a country where more than a third of the population lives below the poverty line, many of the wealthy believe in enhancing their status...

Author: /time Magazine | Title: To Have & Have Not | 6/9/2003 | See Source »

Either way, there are not nearly enough police to make a difference, and some of the few in uniform aren't even the real thing. The Iraqi Red Crescent learned that lesson when thieves posing as traffic cops held up one of the organization's workers and made off with his car. Automobile theft has become such a recurring problem that the relief organization CARE has ordered workers to use taxis to get around the city. "We half expected the police force to still be functional, but they were not," Army Major General Buford Blount, commander of the 3rd Infantry...

Author: /time Magazine | Title: Can Anyone Govern This Place? | 5/26/2003 | See Source »

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