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...like to wait and buy things when nobody wants them - that's when you get the best values," says Icahn, who made his investments through bankruptcy-court proceedings. But he cautions that the sector still holds considerable risk and that a rebound could be many months or even years away. "Only a fool will tell you they can pick the bottom," he says...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...sector has taken a huge hit over the past two years, as the crippling recession, the pullback in business travel, frozen credit markets, the decline in consumer spending and even President Obama's "anti-Las Vegas" comments took a hefty toll on casino companies. Gaming revenue plummeted and a flurry of companies, such as Herbst Gaming, Trump Entertainment and Station Casinos, filed for Chapter 11 bankruptcy protection. Stocks nose-dived, with major names losing more than 85% of their value from their October 2007 peak...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...featuring up-to-the-minute Crimson sporting news and previews, not to mention in-depth coverage you won't find anywhere else: updates from around the Ancient Eight, standings, recruiting news, and spotlights on alumni all over the globe. You'll even get a (virtual) taste of the action with our live blogs of big games...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: The Back Page, Our New Sports Blog, Is Live! | 3/23/2010 | See Source »

Merritt A. Moore ’11, one of the dancers in this duet, flew to Boise, Idaho earlier this year to work with McIntyre. She says of her experience with the famed choreographer, “This was a once-in-a-lifetime opportunity. Even for professionals in the best dance companies, to have a top choreographer create a solo for you is so rare, and it’s been phenomenal...

Author: By Paula I. Ibieta, CONTRIBUTING WRITER | Title: Collaboration Helps Viewpointe 10 to Soar | 3/23/2010 | See Source »

...weekend touring drough-stricken villages in Yunnan province, where many areas have received half the usual rainfall. Sixteen million people in the region are now suffering drinking water shortages, according to state media. The Dai ethnic group, which is concentrated near the Burmese border in western Yunnan, has even been encouraged to cut back on the amount of water used during the upcoming Water Splashing Festival it celebrates each year to mark the arrival of spring...

Author: /time Magazine | Title: Beijing: Onslaught of The Mongolian Cyclone | 3/22/2010 | See Source »

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