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...apply for loans, but it's not to grow their business - it's to get their business out of the hole they're in because they've already borrowed way too much." On more than one occasion, Lette has recommended that instead of a loan, a business owner contemplate bankruptcy...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...governor Elizabeth Duke pointed out in a speech on Feb. 26, those tougher standards could be having a disproportionate effect on small businesses. "Credit conditions may be particularly tight for small businesses because their finances are, in many instances, very closely intertwined with the personal finances of their owners," she said. For example, the owner of a small business who also owns a house may see a lower home price weigh down the creditworthiness of his business. (See which businesses are bucking the recession...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...realtors say Panama is just the type of image-crazed country where people will put up with traffic problems in order to boast "Trump" as their address. Kent Davis, owner of real estate agency Panama Equity, says that even the neighbors are excited about Trump. "It's not like having Wal-Mart move in and force out the competition. People are psyched to have Trump in the neighborhood. I even sold a property in a nearby building because the buyer was excited about using the Trump facilities...

Author: /time Magazine | Title: Donald Trump Goes on an Adventure in Panama | 3/20/2010 | See Source »

...this so-called "ghost winery" may cease to be ruins: its history-loving owners are in the midst of breathing winemaking life back into its walls "There's a lot of wineries on Highway 29, and many of them are beautiful structures, but they really have very little to do with the history of the valley," explains owner Leslie Mansfield, a cookbook author and chef whose husband Richard has been a winemaker for more than 30 years. "We've got a Persepolis and we've got a Tuscan castle," she says referring to other architecturally fancy wineries nearby...

Author: /time Magazine | Title: Bringing a Historic but Haunted Winery Back to Life | 3/20/2010 | See Source »

...Shirts are not the only ones to perform blood rites. Sondhi Limthongkul, leader of the anti-Thaksin Yellow Shirt movement and the owner of ASTV satellite news network, spread menstrual blood at the base of a statue in a black magic ritual meant to neutralize Thaksin's supernatural weapons. It was just one of several acts staged by Sondhi with black magic overtones...

Author: /time Magazine | Title: In Thailand, A Little Black Magic Is Politics as Usual | 3/20/2010 | See Source »

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