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That's one common predicament. A few miles to the east, Bonney pointed out a dusty lot that represented another stage of real estate pain. The bank that financed the purchase of the lot had decided to bite the bullet and take possession of it rather than give the developer a construction loan for a building no one would occupy. There already was a newly constructed - and empty - building across the street. The bank that made the construction loan for that building would soon have to decide whether to "extend and pretend," as the industry saying goes, or take...

Author: /time Magazine | Title: A Slow-Motion Wreck for Commercial Real Estate | 1/18/2010 | See Source »

National-security experts like UCLA's Amy Zegart say that since 9/11, intelligence agencies have increased the amount of information they circulate to one another, but that can cause confusion as well as clarity. "There's a lot of paper shuffling, not true integration," Zegart says. And yet, some critical pieces of info apparently were not shared: the State Department neglected to alert the NCTC that Abdulmutallab had a valid U.S. visa...

Author: /time Magazine | Title: Spotlight: The Intelligence Breakdown | 1/18/2010 | See Source »

...white Crocs with green dollar signs. Jude explained that he lured girls from Johannesburg, where many survive by "picking through garbage." Our conversation turned to soccer. I asked him if he was looking forward to the World Cup. "Yeah, this is good! Us people are going to make a lot of money then if you know what you're doing." (See pictures of Johannesburg preparing for the World...

Author: /time Magazine | Title: South Africa's New Slave Trade and the Campaign to Stop It | 1/18/2010 | See Source »

...impressed with how we came out,” Harvard coach Katey Stone said. “We had a lot of energy, we were pretty determined and committed...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson Surges to First 2010 Win | 1/18/2010 | See Source »

...sizzling from yesterday and sizzling from them getting a goal today, because they never should have gotten a goal today,” Stone said. “But overall, I like how we played today. We did a lot of really good things, and we’ve got to keep an edge...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson Surges to First 2010 Win | 1/18/2010 | See Source »

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