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...though, is required to raise more than 100% of what it wants to pay back - $20.5 billion in new capital, half a billion dollars more than it will pay Uncle Sam. That suggests the government is still worried that Citi has significant losses on its books and needs to hold more capital than other banks...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

What's igniting electronics? The primary factor is price. After Circuit City went out of business earlier this year, you might have thought that Best Buy would use its "last man standing" status to its advantage and hold firm on prices. But other retailers decided they wanted a piece of Circuit City's pie. And to the benefit of holiday shoppers, one of those retailers is Walmart. For example, according to the website TVpredictions.com, Walmart offered a Blu-ray player for $78 on Black Friday, raised the price to more than $100 over the next few weeks and then lowered...

Author: /time Magazine | Title: Consumer Electronics Light Up the Holiday Season | 12/15/2009 | See Source »

While we will all be waiting to see if Obama lives up to the promise of the Nobel Peace Prize with the undertakings in motion, we should also hold ourselves accountable for “change” and make an impact—no matter how big or small—on some of the things we hope to improve. Whether it be donating time, money, or effort, giving philanthropic presents rather than materialistic ones will reap benefits for long after the holiday season has passed. While only time will tell if Obama is the “change...

Author: By Meredith C. Baker | Title: Make Like a Democrat | 12/14/2009 | See Source »

Justice Goldstone told the U.N. Human Rights Council that “the lack of accountability for war crimes and possible crimes against humanity has reached a crisis point.” Rather than hold Israel accountable, the Harvard Middle East Initiative provided one of its official spokesmen a platform to defend the indefensible actions of “Operation Cast Lead.” Oren jokingly quoted Israeli Prime Minister Benjamin Netanyahu, the foreign minister Avigdor Lieberman and others as telling him that he will have “a very hard job” as Israel?...

Author: By Abdelnasser A. Rashid | Title: Defending the Indefensible | 12/14/2009 | See Source »

...junta blames former colonial power France for the shooting, a time-honored way to distract attention and temporarily mend internal strife. Keeping up a smokescreen about Camara's condition also buys time. If Konate can command enough respect from the various factions to hold the military together, then he may emerge as the new leader. Crisis Group, a Brussels-based watchdog that closely follows the situation in Guinea, believes that's a real possibility. But Guinea's opposition is skeptical of his chances. "Right now, there is no government in Guinea," says a prominent politician by telephone from Conakry. "There...

Author: /time Magazine | Title: A Leader Is Shot, and Guinea Again Faces Chaos | 12/14/2009 | See Source »

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