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...Gonzales had previously been indicted - once in May 2008 and again in August of the same year - for allegedly stealing the info of 40 million credit and debit cards from companies including OfficeMax, TJ Maxx, Boston Market, Barnes & Noble, Sports Authority, Forever 21, DSW and Dave & Buster...

Author: /time Magazine | Title: Master Hacker Albert Gonzalez | 8/19/2009 | See Source »

Currently, there is $978.9 billion in commercial mortgage-backed securities (CMBS) and $6.65 trillion in residential mortgage-backed securities (RMBS) outstanding in the U.S. market, according to Dealogic. Of those, more than $90 billion in CMBS and more than $110 billion in RMBS will mature within the next three years, the firm says...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

Private-equity players are betting they'll be able to snap up the securities at bargain-basement prices. After all, the debt will come due amid rising unemployment and a deepening meltdown in the commercial real estate market...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...them are new jobs in private sector businesses - including a pie company, a hotel and a factory that needs painting and repair - which are reimbursed by the state for the salaries of the eligible stimulus workers. Some of the businesses say the free labor has helped expand their market share, and they are hopeful that they can grow enough to keep the larger workforce when government assistance stops in October...

Author: /time Magazine | Title: The U.S. Economy: Time for a Real Jobs Stimulus? | 8/18/2009 | See Source »

...technically illegal in Egypt - except in the unlikely event that they were authorized by the government-run Egyptian Trade Union Federation. But legal restraints have not stopped workers from laying down their tools; analysts attribute the phenomenon to the declining living standards that have accompanied the government's market-oriented economic policies, combined with the absence of democratic channels of recourse in President Hosni Mubarak's authoritarian regime. By some estimates, Egypt has seen at least 250 strike actions this year alone, organized locally and often featuring women workers playing a leading role. "Everything in the country is expensive...

Author: /time Magazine | Title: As Mubarak Visits U.S., Strikes Cripple Egypt | 8/18/2009 | See Source »

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