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...factory's human resources department: "In August 2004, two months after she arrived, Min collected her pay and left without telling anyone... she spent the night in a hotel near her factory; while she slept, someone broke the lock on her door. The thief took nine hundred yuan [about $130] and Min's mobile phone, the only place where she had stored the numbers of everyone she knew in the city: the ex-colleague who was her only link to her new job, the friends she had made since going out, and the boyfriend who had gone home... With...

Author: /time Magazine | Title: Inside China's Factories | 10/15/2008 | See Source »

...downs of the Dow are making Wall Street's so-called smart money look dopey. Hedge funds lost nearly $300 billion due to bad investments in the first nine months of the year, according to an analysis of return data by TIME.com. If the losses stand, it would be by far the worst year for these funds - which are unregulated and open only to high-net-worth investors - since their returns began being tracked in the mid-1970s. "It's not going to be a good year," says Peter Laurelli, vice president at HedgeFund.net. "We can be pretty sure...

Author: /time Magazine | Title: Hedge Funds: How the Smart Money Looked Dumb | 10/15/2008 | See Source »

...Citigroup lost its bid to merge with faltering bank Wachovia to Wells Fargo last week. The company will be one of the nine major banks to receive an injection of federal funds as part of the Bush administration’s $250-billion plan to rescue frozen credit markets...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Citibank Cuts Loan Program For Harvard Grad Students | 10/15/2008 | See Source »

...Roughly 60 of the approximately 1,000 students enrolled at the School of Public Health applied for CitiAssist loans this year, Austin said. Nine of them are international students who will be returning next year...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Citibank Cuts Loan Program For Harvard Grad Students | 10/15/2008 | See Source »

...other: [their] strengths and tendencies. It’s taken a long time to make that happen.” Harvard has now scored three or more goals in three straight games, a major feat considering the squad did not score more than twice in any of its first nine contests. Against Maine, Harvard got on the board quickly, scoring in the third minute. The play started with a precise through ball to sophomore Katherine Sheeleigh, who raced towards the goal and then slotted the ball across the box to freshman Melanie Baskind. Baskind, who leads the team with five...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Harvard Continues Winning Streak | 10/15/2008 | See Source »

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