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...believe the Dow could actually dip under its 5,000 mark of 1995 if things get worse. Billionaire investment guru Warren Buffett warned his investors over the weekend that "the economy will be in shambles throughout 2009 - and, for that matter, probably well beyond". Still, Buffet went on to note that despite that terrible economic outlook overall, it "does not tell us whether the stock market will rise or fall". Apart from Monday, that...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...market opened on a sharp down note after absorbing a weekend of anxiety over AIG, the black hole of an insurance company that is swallowing another $30 billion of government assistance with no assurance that it won't need more. Monday morning, AIG reported a colossal loss of $61.66 billion for the fourth quarter of 2008. Citigroup also cast its own dark shadow with news last week that the government will convert preferred shares it owns for up to a 36% stake in the troubled financial services firm...

Author: /time Magazine | Title: No Signs of a Bottom As Stocks Hit 12-Year Low | 3/2/2009 | See Source »

...artistic impact relies so much on the precision and perfection with which it is performed. The very fact that the Boston Ballet would undertake such a challenging piece symbolizes the organization’s progress to a more educated audience. As the “Jewels” playbill notes, “in producing Jewels, Boston Ballet enters a league that includes such major international companies as The Royal Ballet/Covent Garden, the Paris Opera Ballet and the Maryinsky Theater’s Kirov Ballet.” Whether all the Boston Ballet’s ambitions will be realized...

Author: By Catherine A Morris, CONTRIBUTING WRITER | Title: Boston Ballet Dances 'Jewels' | 3/1/2009 | See Source »

...intervene, and an inquiry into the case was later ordered. Six months earlier, on Aug. 11 of last year, 23-year-old Sister Anoopa Mary had been found hanging in her room in St. Mary's Convent in Kollam, north of the capital. In what was purportedly her suicide note, she had said she could no longer withstand the senior nuns' harassment. Her father, a cook in the local bishop's house, charged that sexual exploitation had led his daughter to take her life. The convent has denied the allegations, though a court investigation is still ongoing...

Author: /time Magazine | Title: A Former Nun's Memoirs Rock India's Catholic Church | 3/1/2009 | See Source »

...Second Period - Harvard's up 1-0 and playing a more aggressive brand of hockey. It's a good time to note that Crimson goalie Christina Kessler had a career-high 36 saves yesterday and is perfect so far again today, with 12 saves at this point. She's been on a hot streak yesterday, showing why she's the goalie for Team Canada's U-22 team...

Author: By Crimson Sports Staff, CRIMSON STAFF WRITER | Title: LIVE BLOG: Women's Hockey vs. Cornell ECAC Playoffs Game 2 | 2/28/2009 | See Source »

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