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...America that has the courage to show the world that people of faith are compassionate, merciful and good stewards of the earth. We see in Barack Obama a rare combination of intelligence, integrity and humility - and hope he can get us out of the moral quagmire we've fallen into. Elizabeth Hooper, Atlanta...

Author: /time Magazine | Title: Inbox | 11/27/2008 | See Source »

...partner when Cambridge legalized same-sex marriage in 2004, is the first black lesbian to be elected mayor in the United States. She provided messages of optimism to the crowd, citing the election of Barack Obama as an indication that “the tainted symbols of inequality have fallen by the wayside.” The mayor said that marriage equality will someday be available to all families throughout the country just as it is in Cambridge. Simmons continued speaking even when her microphone stopped amplifying her voice, saying, “We will not be silenced...

Author: By Bora Fezga and Ellen X. Yan, CRIMSON STAFF WRITERS | Title: Protesters March in Objection To Prop. 8 | 11/24/2008 | See Source »

...addition, Citigroup holds $172 billion in loans to corporations. In general, corporate bonds have not fallen a lot because there have not been many defaults. The aggregate Barclays corporate bond index is down 3%. Still, because of the size of Citigroup's loan book, wave goodbye to another $5 billion...

Author: /time Magazine | Title: Will Citigroup Survive? Four Possible Scenarios | 11/22/2008 | See Source »

...Here's the math: Citigroup has, as Mayo said, about a $100 billion equity cushion, which could be wiped out if loans go bad. At the end of the third quarter, Citigroup had $17 billion in commercial mortgage bonds. According to Barclays Capital, the average CMB price has fallen 34% since the beginning of October. So erase $5.8 billion in equity right there. Citigroup was also a player in advising private equity companies on leveraged buyouts. As part of that business it lent money to the companies in such transactions. Now many of those deals look over-leveraged and ready...

Author: /time Magazine | Title: Will Citigroup Survive? Four Possible Scenarios | 11/22/2008 | See Source »

...whimsy and humor, the school has become a surprise hit in a land of supposedly reticent people. On its opening day, a thousand visitors passed through, some sprawling on a cheetah-print chaise longue for impromptu therapy sessions, others buying books shelved in categories like "For Those Who Have Fallen Profoundly and Unexpectedly in Love" and "For Those Whose Jobs Are Too Small For Their Spirit." It sounds hopelessly self-indulgent, but for anyone confronting existential angst, a dose of high-brow self-help can go a long way. "We start from the perspective that most lives are quite chaotic...

Author: /time Magazine | Title: The Art of Living at The School of Life | 11/21/2008 | See Source »

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