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...President seemed to enjoy the show and connect with his vision of the future. "I'm not an Obama fan in terms of his politics," Marnie Verhoven said after the show. "But he's a shining light. He gives people hope." Or, as another audience member, Uwe Dragon, put it: "Try to make a musical about [German Foreign Minister] Guido Westerwelle, and then see who shows...

Author: /time Magazine | Title: Obama, the Musical: Germany's Stage Love Letter | 1/20/2010 | See Source »

...this process, the report explains, the investor-owners were helped by the fact that many transitional neighborhood tenants were new (and possibly undocumented) immigrants, whose lack of English fluency and legal representation put them at a disadvantage in housing court, where deals are typically hammered out with owners' lawyers before ever reaching the judges. Those actually executing these orders were often conflicted about it. "Having a large property owner as a client is great for the volume of work, but if you ask me about it morally or ethically, well, I'd rather not say," admits a housing court attorney...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...worry is that problems at the banks will restrict credit and make it harder for businesses to grow and individuals to spend. That could put the brakes on the economic rebound. What's more, the continued loan losses at the banks show that individuals and companies are still having trouble paying their bills and meeting their debt obligations. Lastly, the losses at the banks, at a time when the government is offering significant stimulus to the financial sector, suggest that the firms remain far from fixed...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...early days of the Internet, it charged for access from overseas readers, and from 2005 to 2007, it tried TimesSelect, in which readers had to pay for access to its signature columns and opinion pieces. That experiment was abandoned, perhaps partly because the writers chafed at the limits this put on their reach, but also because it limited the advertising play. TimesSelect attracted 210,000 people, according to the newspaper, at about $50 a throw. As the recession set in and the Times' balance sheet began to look more reddish, executives may have come to mourn that lost $10 million...

Author: /time Magazine | Title: The New York Times to Gingerly Charge for Website | 1/20/2010 | See Source »

Andrea Penney has never thought of herself as a political type. Until a few weeks ago, the 59-year-old registered nurse and lifelong resident of Salisbury, Mass., had never so much as put a bumper sticker on her car or a sign in her yard, she says. But in the past few weeks, she has done both. And Monday afternoon found her at her first political rally, braving the cold and a light snow with several hundred others along Main Street...

Author: /time Magazine | Title: The Democrats Hold Their Breath in Massachusetts | 1/19/2010 | See Source »

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