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...Laotian government gave initial approval for a $1.7 billion dam on the Mekong that will be built by two Chinese power companies. Another Chinese firm is conducting a feasibility study for a Mekong power project in Cambodia, in an area where other foreign companies have been reluctant to invest because of the adverse ecological impact. Several other Mekong tributary dams in Southeast Asia will be financed by China Exim Bank, the nation's largest credit agency, which has invested in power projects with the enthusiasm of the Great Depression-era U.S. government...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

...Create a National-Service Baby Bond Every time an American baby is born, the Federal Government would invest $5,000 in that child's name in a 529-type fund - the kind many Americans are already using for college savings. At a rate of return of 7% - the historic return for equities - that money would total roughly $19,000 by the time that baby reaches age 20. That money could be accessed between the ages of 18 and 25 on one condition: that he or she commits to at least one year of national or military service. Like...

Author: /time Magazine | Title: A Time To Serve | 8/30/2007 | See Source »

...going to do the right things with it. Invest it, start a business, a retirement fund. Who knows? It's still a little early. I don't have the money yet. And I don't know how much I'm working with...

Author: /time Magazine | Title: The Man Who'll Cash In on Bonds | 8/29/2007 | See Source »

...housing bubble is good for practical reasons as well. Real estate--land and buildings--is fundamentally different from most other things people invest in. Unlike a factory (or a company full of factories), a house does not produce anything. Sure, it's a place to live, and that has value. But that value--as measured by what the property would rent for--hasn't been going up anything like the 20% or 30% or 40% a year that some houses have appreciated recently. If the price of, say, onions goes up 40%, more onions will soon flood the market...

Author: /time Magazine | Title: Your House Is Worth Less? Good | 8/23/2007 | See Source »

...Mack told Samberg he wanted to invest $5 million in a closed Pequot fund, and he was also able to invest in another equity fund (Fresh Start), the only individual allowed to do so, according to the Senate report. Within days Pequot, at Samberg's direction, started aggressively buying Heller stock, while shorting GE. In a matter of a few weeks, and after the acquisition was announced on July 30, 2001, Pequot had scooped up $18 million in earnings, a performance that caught the attention of the New York Stock Exchange...

Author: /time Magazine | Title: Undue Influence at the SEC? | 8/16/2007 | See Source »

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