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...Financial-services companies starving for cash during the subprime-credit crises, where bailout money comes from is less important than the fact that it's available at all. Just ask investors in Citigroup. The global banking giant has reported billions of dollars of subprime losses, raising concerns that some of Citigroup's assets might have to be sold off at fire-sale prices just to keep the company sufficiently capitalized. But on Nov. 26, New York-based Citi was handed a lifeline by an unlikely rescuer. The Abu Dhabi Investment Authority, a $625 billion sovereign wealth fund...

Author: /time Magazine | Title: The Wealth of Nations | 12/6/2007 | See Source »

...country: highly educated, highly compensated couples popping out four or more children--happily and by choice. In Loudoun County, a suburb of Washington, four-packs of siblings rule the playgrounds. In New York City, real estate agents tell of families buying two or three adjacent apartments to create giant spaces for their giant broods. Oradell, N.J., is home to so many sprawling clans that residents call it Fouradell. In a suburb of Chicago, the sibling boomlet is called the Wheaton Four...

Author: /time Magazine | Title: For a Few, the More Kids the Merrier | 12/6/2007 | See Source »

Trends may come and go, but the woman who falls in love with her rental can make it hers forever. Customers have the option of purchasing the bags at a discounted rate, which varies by age and condition. A $1,500 Balenciaga Giant can sell for just $750 - a small price to make a big impression...

Author: /time Magazine | Title: Fashion for Hire | 12/5/2007 | See Source »

...faces milling about in a sea of empty rum and beer bottles. A large inflatable bust of Chavez with his arms outstretched lay face-down and half-deflated on an empty stage. A man who looked drunk held up several soggy and torn "Yes" posters in front of a giant projection screen showing the President conceding defeat...

Author: /time Magazine | Title: Why Venezuelans Turned on Chavez | 12/3/2007 | See Source »

...song “Wild Mountain Nation” is a mash-up between a Best Week Ever skit and Warhol kitsch. Much like a disjointed nightmare, a Godzilla-sized lead singer dwarfs the skyscrapers around him, a cut-out plane flies overhead, and a man parachutes into a giant flower pot. Sound like a trip? At the very least, it was probably inspired by one at some point along the creative process. And then the band plays on top of the globe, as well as in outer space, straddling the rings of Saturn. The song itself is indie college...

Author: By Alexa D West, CONTRIBUTING WRITER | Title: POPSCREEN: Blitzen Trapper | 11/30/2007 | See Source »

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