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...once again make the most basic short-term loans to one another. The gradual thawing of the overnight-lending market, which seemed to begin on Monday, Oct. 20, was the first sign that Wall Street's credit markets were, however haltingly, regaining some sense of equilibrium after the previous, harrowing month...

Author: /time Magazine | Title: Living in a World with Less Credit | 10/23/2008 | See Source »

...intrudes when a body arrives in his morgue booby-trapped with a live grenade. Dr. Siri soon finds himself untangling a mystery involving Hmong insurgents, a possible demonic possession, and a plot by a female terrorist known as the Lizard, who plays Moriarty to his Holmes. As in the previous Dr. Siri books, the plot is mostly a pretext for a leisurely stroll through Laos' history and profoundly rooted religious traditions, and it's this that gives Pogo Stick a certain charm, even if it doesn't always satisfy as a mystery...

Author: /time Magazine | Title: Bodies of Work | 10/23/2008 | See Source »

...coming downturn is already shaping up as different from--and tougher than--some previous ones. That's because the financial crisis is taking place at the same time as a real estate downturn, a conjunction that is unusual; in the past, one has often followed the other, but it's rare for them to happen simultaneously. And the problems are being exacerbated by an explosion of household debt in Britain. Buoyed by rising property prices, households ratcheted up their borrowing to a massive 173% of disposable income, vs. 106% in 1995. That's way above even that paragon of profligacy...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...event marked the official unveiling of the university’s Office of Sustainability, which will replace Harvard’s previous environmental effort, the Green Campus Initiative...

Author: By Cora K. Currier and Natasha S. Whitney, CRIMSON STAFF WRITERSS | Title: Students Flock to Theatre as Harvard Unveils New Sustainability Office | 10/23/2008 | See Source »

...years because as soon as a crisis like this happens, they immediately think to do something political to respond.” These days, capitalism is here “on sufferance as long as it delivers the goods”—a stark contrast to previous eras in which notions of property rights were paramount...

Author: By Daniel E. Herz-roiphe | Title: The Second Coming | 10/23/2008 | See Source »

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