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...Citi executives are taking a different path out of the financial crisis than many of its rivals, which at times has been a benefit to those rivals. With the acquisition of Citi's Salomon Smith Barney, Morgan Stanley now has the largest brokerage force in the nation. And while Morgan has gotten out of some trading businesses, it is expanding its retail banking business. Executives at Bank of America and Wells Fargo say there are no plans to sell off major pieces of those banks...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...Australia unexpectedly raised interest rates, the monetary policy committee of South Korea's central bank held a meeting. The Oct. 9 gathering was closely followed because the Australian move raised expectations that other central banks would also tighten. Korea held the line. Citing "uncertainty as to the economic growth path," the Bank of Korea kept interest rates at an ultra-low 2%, the result of six rate cuts over the past year...

Author: /time Magazine | Title: Why Investors Should Bet Against the Dollar | 10/12/2009 | See Source »

...lane heritage routes that wend desolately through the countryside: turn them green. Superseded by high-speed interstates, many of these narrow byways have been long forgotten, along with the faded small towns they connect, says Gallagher, a project manager for the Southwest Michigan Planning Commission. But off-the-beaten-path America could be revived, she says, by transforming little-used roadways into "green highways" that cater specifically to electric-vehicle drivers and other slow-moving, eco-minded tourists traveling by bicycle or on foot...

Author: /time Magazine | Title: Off the Interstate: Turning 'Blue Highways' Green | 10/10/2009 | See Source »

Wilson sailed 29,000 miles on the turbulent path around the Cape of Good Hope, which is legendary for its frightening storms...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Bringing the High Seas Home | 10/8/2009 | See Source »

...emerge, suggesting that there were many more villains than commonly thought and that not all of them were Hutus. In a book published late last year, Africa expert Gerard Prunier says, for example, that Kagame did not want foreign forces to intervene for fear that they would block his path to power. Prunier also says that Kagame's forces believed some Tutsis deserved death because they had not fled years of Hutu repression before the genocide. (See TIME's video "Rwanda's Cinema Under the Stars...

Author: /time Magazine | Title: Rwanda Genocide Arrest: Justice, but Is It for All? | 10/7/2009 | See Source »

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