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...with the darkest hours of the financial crisis now behind us, so too, Cooperman believes, are the stock-market lows of March, not likely to be seen again anytime soon. "The lows [of this stock-market cycle] are in," he flatly told his audience. He then repeated the line with gusto, as if to jog a crowd still paralyzed with fear in the wake of the losses suffered earlier this year...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

...annual meeting of the American Society for Metabolic and Bariatric Surgery (ASMBS), researchers reported safety data indicating that bariatric surgery is no riskier than other common abdominal and GI procedures, with an overall mortality risk within 90 days of 0.112%. Complication rates from bariatric procedures also put them in line with other common surgeries, such as hip replacements and gall bladder operations. "The clear message is that the very low mortality signals a high degree of safety compared to conventional thinking, particularly among the public, about the risks of bariatric surgery," says Eric DeMaria, vice chair of the department...

Author: /time Magazine | Title: Weight-Loss Surgery: Safe, but Does It Work? | 6/25/2009 | See Source »

...bottom line is this: I have been unfaithful to my wife. I developed a relationship with what started as a dear, dear friend from Argentina. It began very innocently, as I suspect these things do, in just a casual e-mail back and forth." -(AP, June...

Author: /time Magazine | Title: Straying Governor Mark Sanford | 6/25/2009 | See Source »

...country even before the governor returned from his unexplained absence and revealed his affair. Not even his staff seemed to know exactly where the governor was, and until he was greeted at Atlanta's airport on the morning of June 24 by a reporter from The State, the official line was that Sanford had been hiking on the Appalachian Trail to clear his head after a tough legislative session. Though even his toughest critics seemed to feel some measure of sympathy for Sanford after his confessional, many believed his admission of "selfishness on my part" applied as much...

Author: /time Magazine | Title: Sanford's Sex Scandal: Assessing the Damage | 6/25/2009 | See Source »

...made while curating a graduate exhibit of up-and-coming Emirati artists. She quickly discovered that nearly all those featured were working in isolation. "I felt a space that brought them together and created a community was needed in the U.A.E.," she says. The success of the Third Line gallery's growing roster of local artists served to underscore the need for Maktoum's initiative. "All of a sudden, there was a shift. People started looking at art as a commodity...

Author: /time Magazine | Title: More Than a Mall: Inside Dubai's Growing Art Scene | 6/24/2009 | See Source »

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