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...whose insurers Ecclesiastical have now issued SmartWater kits to 16,500 churches. Last year churches were stripped of $18 million-worth of lead roofing, lightning rods and even bells. "If thieves know about it - and they do already - they will think twice about targeting churches," says Ecclesiastical spokesman Chris Pitt. That's the kind of thinking SmartWater is convinced more secular enterprises will embrace...

Author: /time Magazine | Title: SmartWater: Message in a Bottle | 11/27/2008 | See Source »

...thousands of workers and a 60% drop in its stock price - news that the government would step in propelled its shares, which rose 58% from Friday's close. "Equity investors were panicked about the company's viability," says David Trone, who follows Citi at the investment bank Fox-Pitt Kelton. "This takes away the remote possibility that the company could find itself in bankruptcy." (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Five Questions (and Answers) About Citi's Bailout | 11/25/2008 | See Source »

...billion worth of troubled assets from Citi's $2 trillion balance sheet. The bank, though, has roughly another trillion dollars in assets that aren't on its balance sheet but kept in entities somewhat removed from the company. These assets could be problematic if the economy grows worse. Fox-Pitt Kelton's Trone also points out what's not included in the government backing: $129 billion in nonresidential consumer loans like credit cards, auto loans and small-business, student and personal lines; $150 billion of consumer loans overseas; and Citi's corporate-loan portfolio. Put simply, there's room...

Author: /time Magazine | Title: Five Questions (and Answers) About Citi's Bailout | 11/25/2008 | See Source »

...BRAD PITT stars as Nazi hunter in Tarantino's Inglorious Basterds; watch out, TOM CRUISE...

Author: /time Magazine | Title: Pop Chart | 10/23/2008 | See Source »

...surprisingly high fourth in box office receipts on its initial weekend, earning about $7 million. With their coup, the Kendricks beat out a movie by a slightly more renowned brother duo, Joel and Ethan Coen's Burn After Reading; and they did it without George Clooney and Brad Pitt in the cast. The next week's takings added $5.5 million, for a total of $12.5 million and counting. That's a nice haul for a picture with a $500,000 budget, but it's nothing new for the Kendricks. Their previous movie, Facing the Giants, cost just $10,000, according...

Author: /time Magazine | Title: What Would Jesus See: Fireproof or Religulous? | 10/6/2008 | See Source »

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