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With unemployment expected to move rapidly into the double digits, I'm looking for a fallback plan - a way to generate cash fast until the new prez gets us out of this mess. So here's what I'm thinking, and please do not tell my wife: I'm turning my basement into a full-service karaoke...

Author: /time Magazine | Title: Battling the Recession with My Own Karaoke Bar | 10/30/2008 | See Source »

Across the country, buyers are finding the current "buyer's market" increasingly frustrating. Realtors say wait times for deals to close have gone up, and more and more buyers are walking away, even when they find prices attractive. "Banks are a mess," says Dawn Connelly, a real estate investor in Palm City, Fla., who, despite dozens of offers, has bought only six houses in the past year. "They take months and months to accept an offer and aren't typically willing to make deals...

Author: /time Magazine | Title: Bargain Hunters Find Foreclosures a Tough Buy | 10/29/2008 | See Source »

...China's financial system, remember, is not a major victim of the implosion that is taking down markets and economies across the globe. Its banks, which have slowly rebuilt their balance sheets for the past decade, have been dinged but not crippled by exposure to the subprime mess. But Chinese government policymakers and financial CEOS are looking on in horror nonetheless, and asking themselves a fundamental question: what lessons should we learn from this debacle...

Author: /time Magazine | Title: China Stays Its Capitalist Course | 10/28/2008 | See Source »

...asinine and interminable. In the end, despite all of his frantic efforts to accomplish so much, Ben’s only crowning achievement is to get Willis to shave off the left half of his beard. Unfortunately for Ben, all of his other endeavors fall short or seem to mess him up more, leading to what is essentially the big lesson of the story: in Hollywood, one day you’re up and the next you’re down. Since the world has never heard that one before, this movie is sure to give viewers important insight into...

Author: By Edward F. Coleman, CRIMSON STAFF WRITER | Title: What Just Happened? | 10/24/2008 | See Source »

...Washington. Even as they declared a truce over the financial meltdown, British pols were trading blows. "We meet at a time of national anxiety," Osborne told delegates at the Conservative party conference on Sept. 29. He asserted that his party was determined to make rich bankers pay for the mess they had helped to create. "Unlike New Labour we are not bedazzled by big money," he said...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

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