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...Orman swept across the parking lot toward a waiting Town Car. Her longtime driver, Jean Germain, a strapping gentleman from Haiti, came rushing over to take a garment bag from her hands. In lieu of a bonus, last year Orman opened a retirement account for him and made the maximum contribution of $5,000. The cash is sitting in a money-market fund until she decides that the market has bottomed out. She plans to dollar-cost-average into exchange-traded funds and a few individual stocks, as she suggests doing in her books. (Read "Lay Off, Suze Orman...

Author: /time Magazine | Title: Suze Orman: Queen of the Crisis | 3/5/2009 | See Source »

...more than 21,000 people have called in asking for help. Every story is different, but the contours of the problem tend to be depressingly similar: the 10-year-old leukemia patient in Ohio who, after three rounds of chemotherapy and a bone-marrow transplant, had almost exhausted the maximum $1.5 million lifetime benefit allowed under her father's employer-provided plan; the Connecticut grocery-store worker who put off the radiation treatments for her Stage 2 breast cancer because she had used up her company plan's $20,000 annual maximum and was $18,000 in debt...

Author: /time Magazine | Title: The Health-Care Crisis Hits Home | 3/5/2009 | See Source »

...Reality mandates that, even if the Western European countries dedicate maximum available effort and resources to support Eastern nations, there will still be a shortage of funds and instability will endure. Both Eastern and Western European countries should appeal to outside sources of aid and attempt to garner increased assistance from institutions such as the IMF. Only with a combined effort does the European Union have the credible means to pull through the economic crisis...

Author: By The Crimson Staff | Title: Eastern Promises | 3/4/2009 | See Source »

...coastal cities. Beginning in March the government will offer $730 million in subsidies to help rural residents replace their outdated three-wheeled vehicles, which are ubiquitous in farming communities, with small trucks or minivans with engine capacities of up to 1.3 liters. Qualified individuals will be entitled to a maximum of $725 under the program...

Author: /time Magazine | Title: China's Auto Bailout Takes a Different Route | 3/1/2009 | See Source »

...heyday of the Medellin and Cali cartels, motorcycle-mounted assassins shot down judges and witnesses while kingpins ran their drug empires from behind bars. Now Colombia has a modern maximum-security prison to lock down high-risk criminals. The judiciary, in turn, has switched from a written system to oral and accusatory trials similar to those in U.S. courts, making it harder for narcos to manipulate the proceedings. Still, many law-enforcement experts vigorously defend extradition as narco-traffickers now try to rig the system in more subtle ways. Last year, Guillermo Valencia Cossio, chief government prosecutor for Medell...

Author: /time Magazine | Title: Colombia's Drug Extraditions: Are They Worth It? | 2/24/2009 | See Source »

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