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...Deutsche Bank (DB), the largest bank in Germany, said it would post a loss of $6.4 billion. Analysts believe the red ink at Citigroup (C) could be more than $10 billion. Bank of America is expected to turn in a $3.6 billion loss. Those figures do not include JP Morgan (JPM), Wells Fargo (WFC), Morgan Stanley (MS), Goldman Sachs (GS) and a number of deeply troubled overseas companies including UBS (UBS), Credit Suisse (CS), and Barclays...

Author: /time Magazine | Title: Banks: Losing $100 Billion In One Quarter | 1/14/2009 | See Source »

...publication, one Google search emits 7 grams of carbon dioxide—about half of the 15 grams discharged when boiling water in a kettle.Later that day, Google’s Senior Vice President of Operations Urs Hölzle quickly responded to the article with a post on the official Google blog. “One Google search is equivalent to about 0.2 grams of CO2,” he wrote. He added that a search uses “about the same amount of energy that your body burns in 10 seconds.”Google Spokesperson Jamie...

Author: By Ellen X. Yan, CRIMSON STAFF WRITER | Title: Fellow Caught Up in Media Controversy | 1/13/2009 | See Source »

...Director of National Intelligence, Retired Admiral Dennis Blair will oversee the nation's sprawling complex of 16 intelligence agencies, a post he comes to having already served as a top CIA official near the end of a 34-year Navy career. He capped off that career as head of the U.S. Pacific Command, which makes him more Asia-centric than most past national-security appointees. He's good at running large bureaucracies; the Pacific Command covers more of the globe than any other...

Author: /time Magazine | Title: Dennis Blair | 1/12/2009 | See Source »

...While leading IDA, the think tank assessed the wisdom of a multiyear contract for F-22 fighter jets while Blair was serving on the board of one of the F-22 project's subcontractors. The issue led him to give up his IDA post and the Pentagon inspector general to conclude he had violated conflict-of-interest rules...

Author: /time Magazine | Title: Dennis Blair | 1/12/2009 | See Source »

...they see a window of opportunity. As Iraq moves toward its first round of nationwide elections in nearly four years, a complex political map of new parties and fluid, cross-sectarian alliances suggest that the country may be slowly moving beyond the Shi'ite-Sunni divide that characterized the post-Saddam Hussein politics of previous years...

Author: /time Magazine | Title: In Iraqi Politics, the Sunni-Shi'ite Divide Recedes | 1/12/2009 | See Source »

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