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...Beijing may have good reason to apply the brakes. In frothy markets, investors tend to form unrealistic expectations about companies' prospects because they buy into an ill-founded theme, whether it be consumer demand for tulip bulbs or, in this case, the notion that China's economic growth is boundless. David Webb, an independent investor based in Hong Kong, says that's what's happening with many China stocks. "Once you get past the hubbub, the fundamentals behind these prices just aren't there," Webb says...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

...Vatican Secretary of State is more like a Prime Minister, responsible not only for foreign policy but also for overseeing church headquarters at the Roman Curia, being the Vatican link to Catholic organizations and officials around the world, and even stepping in for the Pope if he falls ill or is unavailable. While Pope John Paul II's constant travels kept him somewhat separated from the workings of the Vatican bureaucracy, Benedict and Bertone are instead expected to work hand in hand on all matters, foreign and domestic. The Pope will need his No. 2 as both a political strategist...

Author: /time Magazine | Title: The Pope's Right Hand Man | 2/1/2007 | See Source »

BILL SIMON Lansing, Ill...

Author: /time Magazine | Title: Letters: Feb. 12, 2007 | 2/1/2007 | See Source »

...MOSS, EXECUTIVE DIRECTOR UNITED CEREBRAL PALSY OF ILLINOIS Springfield, Ill...

Author: /time Magazine | Title: Letters: Feb. 12, 2007 | 2/1/2007 | See Source »

...Kenny Chesney’s 1997 gem, I Will Stand. I like his earlier stuff. As such, it pains me when perusing the Facebook profiles of my classmates, I so often encounter some permutation of the following phrase: “ill listen to nething, cept country...

Author: By James M. Larkin | Title: To Harvard’s Philistines | 1/31/2007 | See Source »

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