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...Gold is an important input because most pawnshops make most of their money on jewelry," notes John Rowan, an analyst at Sidoti & Co. He says the three publicly traded pawnshop companies - Cash America International, EZCorp and First Cash Financial Services - generated earnings that outperformed many other companies in the financial-services sector over the past year and a half. "They didn't crater like other industries did throughout the recession," says Rowan...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...Bank of America, said the resolution authority could be based on the way the Federal Deposit Insurance Corp. closes down smaller banks, which involves auctioning off troubled institutions to stronger competitors, often with a government guarantee for risky assets. Also questioned by the panel was Morgan Stanley's chairman, John Mack. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

...Some of the members of the FCIC seemed to agree that more regulation was not the answer to avoiding another financial crisis. John Thompson, chairman of security company Symantec and a former adviser to President George W. Bush, said to the executives, "Some of this oversight is management's responsibility, and not regulation." (See pictures of the global financial crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

Foursquare—the first location-based social networking tool to be implemented at Harvard—provides information about venues in cities around the world. Currently, 23 venues are featured on Harvard’s foursquare site, including the John Harvard statue and Mr. Bartley’s Burger Cottage, but more locations may be included in the future since foursquare's content is user-generated...

Author: By Tara W. Merrigan, CRIMSON STAFF WRITER | Title: Harvard Partners With Mobile Social Networking App | 1/14/2010 | See Source »

...satellites. His connection to both the Nov. 5 massacre at Fort Hood, Texas, and the attempted Christmas Day bombing of a passenger jet over Detroit has persuaded the Obama Administration that al-Awlaki is a big-time bad guy. On Jan. 4, President Obama's top counterterrorism adviser, John Brennan, told CNN, "Al-Awlaki is a problem ... He's not just a cleric. He is in fact trying to instigate terrorism." (See pictures of Umar Farouk Abdulmutallab...

Author: /time Magazine | Title: How Dangerous Is the Cleric Anwar al-Awlaki? | 1/13/2010 | See Source »

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