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Remittances by year, in billions of dollars

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

10 | Mexico Fewer Dollars Equal Fewer Pesos For the first time since the Mexican central bank started keeping track, remittances to the country fell in 2008, from $26.1 billion to $25.1 billion. After oil exports, money sent home from workers abroad--mostly from the U.S.--is the largest source of...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

At one spot along the queue outside the hospital lay a pile of rocks dubbed "fertility stones." The thought was that their proximity to such a miracle of reproductive biology - five girls! - might help mothers who were finding it difficult to conceive. Modern society has no need for good-luck...

Author: /time Magazine | Title: Multiple Births | 1/28/2009 | See Source »

Well, how did you do it? It felt like it was four years' worth of work. There was so much volatility. We changed the stocks around a lot throughout the year. In July, when the banks were cratering, we bought Bank of America at 18 [dollars a share], and it...

Author: /time Magazine | Title: Tom Forester, 2008's No. 1 Stock Picker | 1/27/2009 | See Source »

James Madison said in a speech before the Constitutional Convention "All men having power ought to be distrusted to a certain degree." While almost every person involved in the frenzied financial expansion knew that, it was conveniently forgotten when almost everyone was making money. What the financial community learned from...

Author: /time Magazine | Title: Farewell To Madoff, Who Leaves Us Too Soon | 1/26/2009 | See Source »

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