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...this triggered a flurry of dedicated mutual funds, value managers, ETFs and hedge funds to move into the sector in a big way, notes Bilerman. Although the FTSE NAREIT All REIT Index surged 97.6% from the group's trough on March 6, it's still off 50% from its peak in February 2007, according to the NAREIT. So investors are willing to pay up for REITs based on their longer-term outlooks and potential windfall in the distressed real estate market, says Bohjalian. REITs touted as likely buyers in the distressed market are Simon Property Group, Vornado Realty Trust, Boston...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

...Gist: The global recession has unseated its government and clobbered its economy - even McDonald's is jumping ship - but when it comes to gender equality, Iceland is the world's beacon. The tiny island nation tops the World Economic Forum's 2009 Gender Gap Index, the group's fourth annual assessment of global equality between the sexes. With more women elected to Parliament and advances in female economic and educational participation, Iceland leapfrogged its larger Nordic neighbors, edging Finland, Norway (last year's No. 1) and Sweden to lead an all-Scandinavian top four - an honor determined by measuring...

Author: /time Magazine | Title: Bridging the Gender Gap | 10/28/2009 | See Source »

Highlight Reel: 1. In the regional rankings, Australia, New Zealand and the Pacific Islands lead the way: "In the overall Index scores, Oceania continues to hold the top spot, followed closely by Western Europe and North America. All three regions have closed over 70% of the gender gap. They are followed by Latin America and Eastern Europe, each having closed over 67% of the gender gap. Sub-Saharan Africa and Asia come next, each region having closed around 65% of the gender gap. The Middle East and North Africa region occupies the last place, having closed approximately...

Author: /time Magazine | Title: Bridging the Gender Gap | 10/28/2009 | See Source »

...gains made in the estimated earned income of women and the percentage of women among legislators, senior officials and managers. While the overall score of the United States in political empowerment remained the same as previous years, as other countries make progress, the United States has slipped [in the index...

Author: /time Magazine | Title: Bridging the Gender Gap | 10/28/2009 | See Source »

During breaks, he jots notes on index cards and confers with his advisers: Josh Weiss, a baby-faced 25-year-old producer, and Dan Colla, a burly, affable childhood friend who is a dead ringer for the male model Fabio. After a sympathetic caller declares that the governor's staunchest political foes - including Illinois house speaker Mike Madigan, Governor Pat Quinn and state senate president John Cullerton - deserve to be pelted with rotten fruit, Blagojevich urges would-be assailants to aim for the head. Within a few mind-bending minutes, he slams Quinn's tax policies, speculates about the percentage...

Author: /time Magazine | Title: Rod Blagojevich Still Wants Your Vote | 10/26/2009 | See Source »

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