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Word: institutionalized (lookup in dictionary) (lookup stats)
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When England's century-old Northern Counties Permanent Building Society merged with the Rock Building Society to become Northern Rock in 1965, it's hard to imagine it was too troubled by the health of the U.S. mortgage sector. But times change. The tight squeeze in the global credit markets...

Author: /time Magazine | Title: Credit Crisis Hits British Lender | 9/14/2007 | See Source »

But with more than $200 billion in assets, and a share price in freefall, a takeover is another potential outcome. "Who would be doing it?" asks Justin Urquhart Stewart at Seven Investment Management in London: "Anyone wishing to buy that asset book at discounted value." And further fallout from the...

Author: /time Magazine | Title: Credit Crisis Hits British Lender | 9/14/2007 | See Source »

Unfortunately, Asia lacks any real security forum to hammer out problems. In Northeast Asia, the six-party talks on North Korea have not developed into a permanent institution. In Southeast Asia, diplomats have invested sweat on a free-trade zone, but pay little attention to the ASEAN Regional Forum, Southeast...

Author: /time Magazine | Title: A Call to Arms | 9/13/2007 | See Source »

U.S. officials are counting on Musharraf to retain control over the military--Pakistan's most powerful institution--even if he gives up his uniform to keep the presidency. "The hope is that Musharraf will continue to influence policy in the war on terror as President," says the official. That may...

Author: /time Magazine | Title: Is This Musharraf's Final Chapter? | 9/13/2007 | See Source »

Might Pichuzkin have been mentally ill and thus not fully responsible for his actions? His mother says that Pichuzhkin, whom she raised alone after her husband abandoned the family, might have been affected by a blow to the head at the age of four; and also by the sudden loss...

Author: /time Magazine | Title: The Grandmaster of Murder? | 9/12/2007 | See Source »

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