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...portfolio, TIME compared the returns of an index that tracks financial preferred shares with the dates on which Treasury made its investments. All told, in about six weeks the Treasury Department has lost an estimated $16 billion, or about 10% of the money invested so far - a paper loss, but a loss just the same...

Author: /time Magazine | Title: Treasury Investments Already $16 Billion in the Red | 12/11/2008 | See Source »

...Nameless Holiday," a blind reindeer lands on the roofs of houses that are piled with one's most prized possessions - "objects [that] are so loved that their loss will be felt like the snapping of a cord to the heart" - and leaves with them in a dark inversion of the Christmas fable. "Alert but Not Alarmed" sees households issued with intercontinental ballistic missiles by the government. These sit in backyards for so long that people take to decorating them and using them as kennels or toolsheds (one illustration shows them as a bright garden of strange, leafless trees under...

Author: /time Magazine | Title: A Brush with The Burbs | 12/11/2008 | See Source »

...humanitarian] operation has proven as costly or shocking, however, as that undertaken in Somalia from August 1992 to March 1994.” Although American troops had been greeted as liberators at first, “Operation RESTORE HOPE” turned sour very rapidly after local warlords, fearing loss of power, began targeting the foreign troops under anti-imperialistic slogans. When the public back home saw the footage of American corpses being dragged through the streets of Mogadishu, the Clinton administration decided to back off. But while there were no more body-bags coming back to America, problems...

Author: By Pierpaolo Barbieri | Title: Pirates of the Aden Gulf | 12/11/2008 | See Source »

...went on to compete in Vh1’s “Rock of Love,” “I Love Money,” and “Rock of Love: Charm School,” propelling my rate of brain cell loss to unprecedented levels. 4. You will become smarter. In elimination rounds, contestants are quizzed on their knowledge of everything from geography (for the beauties) to pop music (for the geeks). These are often hilariously worded (Ex. “His song ‘In Da Club?...

Author: By Jessica R. Henderson, CRIMSON STAFF WRITER | Title: Top Five Reasons to Audition For Beauty And The Geek | 12/11/2008 | See Source »

Before the Obama campaign and the Blagojevich scandal, the biggest controversy Jackson had to deal with involved his sudden weight loss; after persistent press reports and questions, he admitted that he had undergone stomach stapling to lose more than 50 lb. His most serious challenge, however, has been to establish a political identity for himself separate from his famous father. Earlier this year, he publicly criticized his father after the elder Jackson made a crude comment about Obama that was caught by a TV camera. Even during Wednesday's press conference, the younger Jackson tried to distinguish himself from...

Author: /time Magazine | Title: Jesse Jackson Jr.: The Trouble with Being Candidate 5 | 12/11/2008 | See Source »

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