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...Citigroup was never a real company, from the day it was formed until today. With four huge business units and dozens of operations in scores of countries, the notion that a consumer-credit-card operation under a common roof with a corporate-lending business should be helpful to either business was ridiculous...

Author: /time Magazine | Title: Why Citigroup Never Mattered | 1/14/2009 | See Source »

...private client in the U.S. was doing business with the same Citi that was trading euro futures in Dubai. This would not have worked even in a world where every manager could see the breadth of the entire company and executives were never territorial. And Citi did not have either of those advantages...

Author: /time Magazine | Title: Why Citigroup Never Mattered | 1/14/2009 | See Source »

...your pocket. Experiments with cash incentives for students have been catching on in public-school districts across the country, and so has the debate over whether they are a brilliant tool for hard-to-motivate students or bribery that will destroy any chance of fostering a love of learning. Either way, a rigorous new study - one of relatively few on such pay-for-performance programs - found that the programs get results: cash incentives help low-income students stay in school and get better grades. (See TIME's special report on paying for college...

Author: /time Magazine | Title: Should Students Be Paid for Good Grades? | 1/14/2009 | See Source »

...changing its policies, and giving mothers of premature girls omega-3 capsules through the hospital pharmacy. Makrides says that fish-oil capsules in Australia are stripped of mercury or pesticide residues by law, and so far, taking omega-3 does not seem to have produced any side effects, in either mother or child...

Author: /time Magazine | Title: Study: Fish Oil for Preemies May Boost Cognition | 1/13/2009 | See Source »

...lives of everyday Palestinians will only occur when the incessant Hamas-instigated violence in the region has come to an end. But unfortunately for the long-suffering Palestinian people, this Gazan “government” doesn’t actually seem to be interested in either real peace or economic growth...

Author: By Alix M. Olian | Title: Israel Gave Peace a Chance | 1/13/2009 | See Source »

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