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...loss could potentially be much bigger. Current rules require banks to hold assets that trade on their books at the value they would fetch if a bank had to sell them to another investor. Loans typically don't trade, so the rule typically only applies to stocks or bonds a bank might happen...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

That underworld is a place where nefarious female pimps hold sway and where impoverished mothers sell their teenage daughters into a sex market that believes females who reach the age of 20 are too old to fetch a good price. The youngest victims, some ages 11 and 12, are sold for as much as $30,000, while others can go for as little as $2,000. "The buying and selling of girls in Iraq, it's like the trade in cattle," Hinda says. "I've seen mothers haggle with agents over the price of their daughters." (See pictures of Iraq...

Author: /time Magazine | Title: Iraq's Unspeakable Crime: Mothers Pimping Daughters | 3/7/2009 | See Source »

...anyone who has traveled through the country's thick rural darkness. Panidhar's 195 residents live on rice and fish from the surrounding paddy fields and ponds; lucky children get vegetables and lentils, too, but few go to school. The brick factory across the Ichamati River sends boats to fetch a few of the young men; the rest have left for cities many miles away...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

Geithner could also get a tax benefit when he sells his home. That's because he's not likely to get back the $1.6 million he paid for the house when he bought it in 2004. If he were to sell it today, Geithner's house would fetch $1,357,500, according to Zillow. Add in real estate agent fees, plus any money Geithner put into the house in remodeling and repair costs, and Geithner is probably looking at an investment loss of more than $300,000. He can use that to lower the taxes he may have...

Author: /time Magazine | Title: Tax Tips for Timothy Geithner | 1/21/2009 | See Source »

Palin, Bristol •photos of first-born of fetch record prices for offspring of an until recently unknown single-mom high school dropout...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 1/2/2009 | See Source »

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