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...heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are in the process of popping: commercial real estate and leveraged buyouts. Even though there are plenty of decent people on Wall Street, the Street's primary interest is its own well-being, not yours. Don't forget that. You'd better take care of yourself, because there's no one else...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

Spiegelman said the Picower foundation’s donation was slotted for four or five years, and he believes he had two more years of funding left...

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Madoff Investor Found Dead In Pool | 10/28/2009 | See Source »

...anti-Sikh riots were four days of mayhem in the northern parts of India, particularly Delhi, in which armed mobs set fire to Sikh homes and businesses, killed unarmed men, women and children and attacked gurdwaras, Sikh places of worship. The violence, which left almost 3,000 people dead, was a reaction to the assassination of the country's Prime Minister, Indira Gandhi, on Oct. 31, 1984, by her two Sikh bodyguards, Beant Singh and Satwant Singh. Earlier, in June, Gandhi had approved Operation Bluestar, a mission to flush out Sikh separatists who had amassed weapons in the Golden Temple...

Author: /time Magazine | Title: India's 1984 Anti-Sikh Riots: Waiting for Justice | 10/28/2009 | See Source »

...Surinder Kaur was at her home in Delhi when the rioters broke in. Diwali, the biggest festival of the season, had just ended, but she and her husband had left the lights around the house up. In just 15 days, their eldest son was getting married, and the celebrations were already getting under way. Then a mob of more than 2,000 people descended on their middle-class neighborhood, killing dozens of Sikh families and burning alive Kaur's soon-to-be-married son and husband with petrol from the family's motorbike. "It's like a cyclone came through...

Author: /time Magazine | Title: India's 1984 Anti-Sikh Riots: Waiting for Justice | 10/28/2009 | See Source »

...Minister Benjamin Netanyahu. And many leaders of Abbas' own Fatah movement are now privately talking about going back to the barricades. A split has emerged between Abbas and a younger generation of Fatah commanders who have lost patience with his faith in a U.S.-led peace process that has left them no closer to statehood than they were a decade ago. There are daily confrontations between the old guard and the new guard, says Hassan Bakir, chairman of the Palestinian Center for Research and Documentation in Beirut. They are tired of listening to Abbas, who hasn't lived...

Author: /time Magazine | Title: As Tensions Rise, Jerusalem Could Pose a New Crisis | 10/28/2009 | See Source »

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