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...seeing returns plunge. Among these is Goldman Sachs's flagship Global Alpha Fund, which burned a quarter of its $10 billion value over the last few weeks. And just as LTCM was free of the Russian debt that precipitated its collapse, Global Alpha was not a player in subprime junk. Indeed, Global Alpha's problems have not come from mortgages at all, but from a portfolio of stocks...

Author: /time Magazine | Title: Blowing up the Lab on Wall Street | 8/16/2007 | See Source »

...children still liked the taste of these items more when they were presented in McDonald's packaging than when they were offered in unmarked containers. But, says Robinson, "If healthful foods still represent the minority of choices available, then [McDonald's] will continue to promote the consumption of the junk foods that kids have been eating...

Author: /time Magazine | Title: Hooked on McDonald's at Age 3 | 8/6/2007 | See Source »

...common sense tells us that oftentimes people do choose friends with kindred vices, a phenomenon best expressed in the jocular T-shirt sentiment A FRIEND WITH WEED IS A FRIEND INDEED. The same can be said for a friend with junk food. If Ringo Starr could get high with a little help from his friends, he could surely get pie with a little help from his friends...

Author: /time Magazine | Title: How Friends Make You Fat | 8/2/2007 | See Source »

...Everything China produces, with the possible exception of textiles, is pure junk. All those "goodwill" gifts offered by U.S. credit-card companies are worthless. TIME sent me a made-in-China radio set as an award for being on time with my renewal. The radio lasted all of one hour-a screeching box that ended up on the junk pile. Americans are buying substandard products and sustaining China's economy. Future generations will condemn us for this. Paul Borstnik, Cleveland...

Author: /time Magazine | Title: Inbox | 7/19/2007 | See Source »

Everything China produces, with the possible exception of textiles, is pure junk. All those "goodwill gifts" offered by U.S. credit-card companies are completely worthless. TIME sent me a made-in-China radio set as an award for being on time with my subscription renewal. The radio lasted all of one hour--a screeching box that ended up on the junk pile. Americans are buying substandard products and sustaining China's economy. Future generations will condemn us for this...

Author: /time Magazine | Title: Inbox: Jul. 23, 2007 | 7/12/2007 | See Source »

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