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...hold the opinion that none of us should be shouting at our children? In a perfect world, probably we'd never yell, we'd just be firm and dispassionate. But of course, everyone yells at their children...

Author: /time Magazine | Title: Ayelet Waldman: Bad Mother | 5/8/2009 | See Source »

Being rich during a recession can almost be as bad as being poor. The only difference is that the rich have more to lose. RealtyTrak, a research firm that follows mortgage trends, recently reported that the foreclosure rate on homes valued at more than $729,750, also known as the jumbo-mortgage limit, rose 127% in the first ten weeks of this year compared to the same period a year ago. Bloomberg, reports that "about $500 billion of prime-jumbo mortgages are bundled into bonds, according to Memphis, Tennessee-based FTN Financial." The default rate on those bonds may rise...

Author: /time Magazine | Title: During a Recession, Being Rich Loses Its Luster | 5/8/2009 | See Source »

Gordon arrived on Wall Street in time for the 1929 stock market crash. After leaving his first job at Goldman Sachs, Gordon purchased the stock brokerage firm Kidder, Peabody & Co in 1931 and led the firm through the Great Depression...

Author: By Manning Ding, CRIMSON STAFF WRITER | Title: Gordon, Oldest Harvard Alumnus, Dies at 107 | 5/8/2009 | See Source »

...unassuming commercial building gives your arrival an Alice in Wonderland quality. And if there's no white rabbit, the white Persian cat that strolls the garden is an acceptable substitute. Diners who like the furniture can have reproductions made by the owner, who also runs a design and landscaping firm. There's no word on whether he can build you your very own gazebo, however. Even if he could, Agalico's ambiance is matchless...

Author: /time Magazine | Title: A Break from Bangkok | 5/6/2009 | See Source »

...that more than 6,400 civilians have been killed in the last three months. But the Defense Secretary dismissed humanitarian concerns as "a ploy employed by some people to extricate [LTTE chief Vellupillai] Prabhakaran and his top leaders from the mess they had got into," the report said. Remaining firm in the face of international pressure - particularly from its former colonial power Britain - is an issue of national pride for the Sri Lankan government. "They don't want to be told what to do," says Paikiasothy Saravanamuttu, executive director of the Centre for Policy Alternatives, a research institute in Colombo...

Author: /time Magazine | Title: Behind Colombo's P.R. Battle Against the Tamil Tigers | 5/6/2009 | See Source »

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