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...according to a TIME analysis of Securities Exchange Commission filings and bankruptcy-court documents. That's nearly double the $18 billion in common equity the firm had in late 2006, just before mortgage bonds started going sour in the beginning stages of the financial crisis; it was more than enough to wipe the firm...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

...course, Clay realizes that even world-class track and field athletes don’t make enough to lounge around, and it is not difficult to guess what will happen, whether or not he earns his third trip to the Olympic podium...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Olympian Races At Harvard | 2/4/2010 | See Source »

...five years after the Lumière brothers premiered their light machine in Paris.) In order for a film or TV series to truly achieve cult status, it has to be viewable by all members of the household. A great drama and entertainment for adults, Lost is also sexy enough to keep the 14-year-old boy in the room happy but not so risqué that he'll die from embarrassment because his mom is sitting next to him. (Read about watching Lord of the Rings in Tehran...

Author: /time Magazine | Title: Iran's Secret Obsession: Getting Lost in Tehran | 2/4/2010 | See Source »

...friends was more exciting than anything going on outside. The 2009 presidential election and subsequent rise of the opposition Green Movement changed that. Nonetheless, innumerable Iranians will see the final season of Lost through to the end. "People are very excited about Season 6. They have waited long enough for it," says Ghazaleh. The executive producers of Lost have already promised viewers that not every single mystery will be answered. It remains an open question whether the various plot points of Lost will be resolved before the current political situation in Iran...

Author: /time Magazine | Title: Iran's Secret Obsession: Getting Lost in Tehran | 2/4/2010 | See Source »

...possible at home, and it is as much a sign of insecurity as it is one of bravado. They see a value in deflecting criticism of the government over issues like corruption, as well as distracting the population from worrying about whether the economic good times will last long enough for those who have so far been left behind to get a chance to enjoy them. Similarly, when American politicians change their rhetoric about or policies toward China, we should remember that this is often done with an eye on how this will play in Peoria. (See pictures of President...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

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