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...investors, who are losing faith in hedge funds as a safe place to park their wealth during times of economic turmoil. Funds flourished earlier this decade by offering higher returns than investors could get in more conventional vehicles. Because they are largely unregulated, managers are free to employ a wide variety of sophisticated strategies, including short-selling (borrowing a stock and selling it in the hope of buying it later at a lower price to return to the original lender). The objective is to achieve - for hefty fees - consistent positive returns in good and bad markets, and at reduced risk...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...These jobs are divided into two categories: those paid for by the Federal Work Study Program and those that aren’t. Although FWSP jobs benefit these students, perhaps they benefit those that employ them even more. While the employers are obliged to provide 30 cents on the dollar to their students, the federal government covers the rest. One-third of the SEO’s jobs fall under this category and include much sought-after on-campus ones, such as library positions...

Author: By Mark J. Chiusano, CONTRIBUTING WRITER | Title: Spare Change | 11/12/2008 | See Source »

...mind reels at how news organizations might employ this technology in the future. Will we see holograms of reporters standing outside in hurricanes...

Author: /time Magazine | Title: Election Night: Whiteboards Out, Holograms In | 11/5/2008 | See Source »

...promised to the industry in an energy bill for production of fuel-efficient vehicles, GM's lending arm, GMAC, is exploring ways to access funds in the $700 billion federal-bailout package, while the company reportedly is also seeking cash injections to cover potential merger costs. GM and Chrysler employ more than 200,000 U.S. workers and support many more jobs in the auto-parts and sales industries; GM's stock has fallen more than 80% since January. White House press secretary Dana Perino confirmed talks between federal officials and the struggling company but added that ailing U.S. carmakers...

Author: /time Magazine | Title: The World | 10/31/2008 | See Source »

...connections among the Cabinet members is complex. All the other members have donated the maximum amount allowed to Ketner's congressional campaign. Gill, Lewis and Stryker employ political advisers - respectively, Denver attorney Ted Trimpa; Paul Yandura, who worked in the Clinton White House's political-affairs office; and Lisa Turner, a former political director for the Democratic Legislative Campaign Committee - who regularly speak with one another and with others who work for Cabinet members...

Author: /time Magazine | Title: The Gay Mafia That's Redefining Liberal Politics | 10/31/2008 | See Source »

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