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...adult during the early 1930s. It is impossible to imagine how 13% or 14% unemployment would affect the modern economy, just as there is no way to suss out what a 50% drop in housing prices from the 2006 peaks would do. Some economists believe that these problems will drive the nation into a decade of economic stagnation, while others would like to see the boil lanced no matter how painful it may be. The second group wants to see the unimaginable after effects of years of leverage taken as one mammoth typhoon, hoping that it will only last...

Author: /time Magazine | Title: AIG Reaction: Stupidity and the Alchemy of Chaos | 3/20/2009 | See Source »

...leader on the field when I’m catching, and as a member of the three-four-five hitters,” Bock said. “It’s part of my job to be a consistent hitter and drive in a lot of [runs]. I’m a power hitter, so doubles, triples, and home runs should be expected...

Author: By Lucy D. Chen, CRIMSON STAFF WRITER | Title: Crimson Competes in Va. Tournament | 3/20/2009 | See Source »

...used in the flatlands of Mesopotamia isn't likely to be as effective in the high crags of Central Asia. Indeed, apart from sending 17,000 more troops to Afghanistan, the U.S. is looking to redesign their equipment - from the gear they carry to the vehicles they drive to the drones that spot trouble ahead - as they pursue the mission Barack Obama has called the "right war." (See pictures of a mountainous outpost in Afghanistan...

Author: /time Magazine | Title: The Pentagon's Shopping List for Afghanistan | 3/20/2009 | See Source »

...companies involved are in the same business. They see "synergies" which involve things like taking the R&D geniuses from the acquiring company and putting them in the same room with their counterparts from the firm being acquired. Working together may set off the creative sparks that drive new discoveries. Or, they may not. The real but hidden definition of the word "synergy" is firing lots of people. The recently closed marriage between Dow Chemical (DOW) and Rohm and Haas (ROH) was about firing people. Pfizer (PFE) bought drug company Wyeth (WYE) for the same reason. Being in the pharmaceuticals...

Author: /time Magazine | Title: A Renaissance for Big Acquisitions | 3/19/2009 | See Source »

...time when first place showings weren’t so unexpected. Taking the pool for nearly two decades alongside his twin brother Bill, Dan enjoyed more than his share of success prior to this winter. Raised in a family that included four male swimmers, Bill and Dan showed a drive to dominate the pool from the moment they hit the water.“We always had a good family dynamic for swimming,” Bill recalls. “Dan and I were the more competitive of the four and were always swimming together...especially in high school...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: A Tale of Two Swimmers | 3/19/2009 | See Source »

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