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...unlisted companies were under no obligation to disclose financial information, so investors had few ways to gauge company performance or whether an investment was sound. Although some websites track the prices of popular stocks, reliable market data is nonexistent, meaning it's virtually impossible to determine if prices are fair. Neophytes are informed almost solely by gossip and the misguided hope that what goes up will continue to go up. "Basically, the way stocks are researched is 'My grandfather's uncle's cousin's wife works at this company and says it's a good buy,'" says Mike Temple...

Author: /time Magazine | Title: Vietnam's Market Madness | 2/22/2007 | See Source »

That’s fine. But while I’m listening to my Mr. Special tell me about his goal to become an astronaut, which of his body parts is fair game, and, more importantly, can I hump...

Author: By Kathleen E. Hale | Title: God, Abstinence Is Sexy | 2/21/2007 | See Source »

...across the Charles, Massachusetts Secretary of State William F. Galvin was quoted in The Boston Globe as making the nonsensical, inflammatory remark, “The University is treating the river like some moat that they own.” Only a politician with deep-seated animosity towards our fair University would openly deride such an ingenious plan to beautify Boston at no taxpayer expense. It should come as little surprise that Galvin sports a thick Boston accent...

Author: By Stephen C. Bartenstein | Title: Culture Clash | 2/20/2007 | See Source »

...deepest pleasure lies in the enigma of motivation. Its true that Hanssen made a fair amount of money from the Soviets, but that does not seem to be what's driving him. He just goes on living a modest middle-class existence. Nor does he bear any resemblance to certain Cold War-era spies, who served communist ideology out of some sort of (misplaced) idealism. It was rather the opposite with him. Slowly, it steals across you that he was acting out of the desire to prove just how smart he was, how superior he was to his, well, superiors...

Author: /time Magazine | Title: Inside the Mind of a Spy | 2/16/2007 | See Source »

...fair, "hope" is probably Obama's way of saying "leadership." But leadership doesn't come from the grass roots. It is about as "top down" as you can get. It is best demonstrated through courage. And despite all the rhetorical confusion, there were some early signs Obama might not do too badly in that department. At his very first Iowa town meeting, he showed the courage to tell his Democratic audience things it didn't want to hear. Asked if he would cut the Pentagon budget, he said, "Actually, you'll probably see an initial bump in military spending...

Author: /time Magazine | Title: How to Build a Bonfire | 2/15/2007 | See Source »

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