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...this is not a positive for Pandit," says Michael Holland, a money manager and the former chairman of Salomon Brothers Asset Management, which was acquired by Citigroup. "Being big everywhere is the business model he has chosen. That means when there are losses anywhere you are going to get hit." Things were booming there back in 2008 when Citi sent Verme to the gulf state - from 2004 through 2008 Citi's revenues from the region grew at a 30% average annual rate. He had run the bank's Latin American operations before being promoted to co-head of investment banking...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

...African or African-American protagonists, two true-life sports inspirationals took the runner-up slots. The Blind Side, the story of a homeless black teenager who becomes a football star after being adopted by a white woman and her family, continued its run as the season's from-nowhere hit. Made for less than $30 million, the sturdy Sandra Bullock star vehicle took in $15.5 million, and after just 24 days has topped the $150 million mark in domestic receipts. Following a movie about football was one about rugby: Clint Eastwood's South African drama Invictus, with Morgan Freeman playing...

Author: /time Magazine | Title: The Princess and the Frog — Leaping or Croaking? | 12/13/2009 | See Source »

This is the most up-to-date study that attempts to quantify the impact of the H1N1 virus, the impact of which has been steadily decreasing in severity since it first hit the U.S. this April...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Severity of H1N1 Reassesed | 12/11/2009 | See Source »

Also, if your letter is stamped “THIS LETTER WAS SENT FROM A MASSACHUSETTS CORRECTIONAL FACILITY,” odds are your credibility has taken a hit before I open...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: Hello, Goodbye | 12/11/2009 | See Source »

...dead several hundred migrants seeking to cross the border into Israel for work and asylum over the past few years. "From both Israeli soldiers and refugees who crossed the border we can tell for sure that the Egyptians almost always shoot, they shoot to kill and very often they hit the asylum seekers," says Sigal Rozen of Hotline, an independent group that helps asylum seekers in Israel. At the Israeli cemetery in Hazor, Rozen points to 25 graves marked "Anonymous." "These were asylum seekers," she says, "who were shot by the Egyptians and died from their wounds in Israel...

Author: /time Magazine | Title: Dangers Await Africans Seeking Asylum in Israel | 12/11/2009 | See Source »

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