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Investments in the car and banking industries are long term whether the government likes it or not. The restructuring of those sectors may take years. Selling federal ownership in companies already weakened by the economy or a series of poor management decisions would undermine the public's tenuous trust in institutions such as GM (GM) and Citigroup (C). The American taxpayer may be faced with a decade in which there is no return for the government's assistance which was meant to keep critical portions of the economy from collapsing. (See pictures of TIME's Wall Street covers...
...quickly and nonviolently; her resting place was an abandoned quarry called the Messel Pit, near Frankfurt. At the time she lived, the pit was a lake out of which poisonous volcanic gases probably belched from time to time. Likely felled by such an outburst, she tumbled into deep, oxygen-poor water where she would have been buried by sediments before she could decompose. Indeed, the Messel Pit is such a rich source of well-preserved fossils that it's been designated a UNESCO World Heritage Site. (Read about China's fossil trade...
...shooting from other students. “We kind of got lucky that it was a kind of situation where [hearing the news immediately] wasn’t a matter of public safety.” Students have also reported failure to receive the texts due to poor cell phone reception in the Quad—an issue that the College has been working to resolve, Galvin wrote. Other delays likely resulted from the difference in cell phone service providers among Message Me users, he added. But another bug affected those who did eventually find the texts on their phones...
Scrawled on whatever material he could find, the memoirs offer valuable insight into the history and thinking of kingpins even as Mexico suffers unprecedented levels of drug-related bloodshed. Félix Gallardo, now 63 and in poor health, does not deny that he trafficked cocaine and heroin into the United States. Indeed, in one passage, he nostalgically referred to himself as one of the "old capos." However, he also pointed a finger at Mexican politicians for failing to provide for the poor, making them turn to crime. He also reiterated the point - already conceded by the Mexican government - that...
...illegally swimming to the Rangoon home of Aung San Suu Kyi, the opposition leader held under house arrest for 13 of the past 19 years. Relatives say he made the same swim last year, for reasons that are still murky, but was turned away. Suu Kyi, 63 and in poor health, is now on trial for violating the terms of her parole, thanks to Yettaw; she and two housekeepers face up to five years in prison for allowing the aquatic visitor to spend two nights in the lakeside compound. If convicted, the Nobel Peace Prize winner could be locked...