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...Daily Beast, the New York Post and Forbes. But at least one Wall Street executive has a different description: "A monumental asshole, who added dramatically to the financial instability during '08 and early '09." Gasparino's news bulletins (or rumormongering, depending on your view) on CNBC during that period often moved the market. He's well aware of the animosity. "They don't like the fact that I called them on the carpet," he told me. "I mean, you are not going to see a lot of Wall Street guys hanging out at my book party...

Author: /time Magazine | Title: Business Books | 11/23/2009 | See Source »

...idea behind Yinghua, as with many immersion programs, is to introduce kids to the language and culture as early as possible - ideally, before age 12, while they're still absorbing information like sponges. Kindergartners and first-graders are taught exclusively in Mandarin, and a single period of English is introduced in second grade. By sixth grade, kids are learning half in English and half in Mandarin, with the expectation of proficiency in both. In Yinghua's classrooms, the walls are covered not with ABCs but with pictures and Chinese characters describing seasons, weather and the months of the year...

Author: /time Magazine | Title: A Mandarin Grade School in Minneapolis | 11/23/2009 | See Source »

...facts tell the dismal story. In the 10 years ending Dec. 31, 2008, investors suffered a negative 3.15% real return in U.S. stocks, constituting the fourth worst 10-year period since 1871. Given the pummeling the stock market has taken this decade - even after this year's rally, the S&P 500 index remains 32% below its all-time high reached in October 2007 - many are now questioning whether stocks should be the cornerstone of investors' long-run portfolios...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...history shows that excellent returns are available to stockholders who survive such rough patches. In fact, following the 13 10-year periods of negative returns stocks have suffered since 1871, real returns over the next 10 years have never been negative and have averaged more than 10% per year. A 10% return far exceeds the stock market's long-term average real return of 6.6% and is more than three times the real return offered by U.S. Treasury bonds. Furthermore, stocks have always done better than bonds over every 30-year period since 1871. (See the 10 big recession surprises...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...eating out is at an all-time low, and the economy has more and more people turning to their kitchens to (gasp!) cook for themselves, is this niche meal on the rise? Brunch traffic was up 8% during the first eight months of this year compared to the same period in 2008, according to market-research firm NPD Group. Brunch traffic was up 15% in the South, and even in the Northeast, the land of the white-collar layoff, traffic...

Author: /time Magazine | Title: Low Prices and Booze Put Brunch on the Rise | 11/21/2009 | See Source »

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