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...those plans, no matter how well-intentioned they may seem, are unnecessary now. Wells Fargo (WFC) indicated that it made about $3 billion in the first quarter of the year and declared its buyout of the deeply troubled Wachovia to be a success. Wells Fargo (WFC) said that the low cost of money from the government combined with a surging demand for mortgages was all the medicine that it required...

Author: /time Magazine | Title: More Quickly Than It Began, The Banking Crisis Is Over | 4/10/2009 | See Source »

...originally expected this to happen last November; instead it was in March.) Home prices should reach their lowest point by the end of the year. ("I feel very confident about this.") The fiscal-stimulus program should start to work by this summer. Unemployment will peak in the second quarter of 2010. And economic expansion should begin again in the fall of 2010. "My point is, things can turn pretty quickly," Zandi said, chuckling. "How's that for a happy ending?" After the presentation, he was engulfed in a sort of economic-geek circle at the front of the room...

Author: /time Magazine | Title: Economist Mark Zandi: The Recession's Hot Wonk | 4/9/2009 | See Source »

...period from October to April is a dark one for us Bostonians, especially when Tom Brady busts his knee in the first quarter of the season. But this year, between glowering at Mark Teixeira and religiously following the blogs from spring training, I finally found an appropriate distraction...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: TO SAY THE LEIST: Historic Season in the Making for Brown | 4/9/2009 | See Source »

...some patients with asthma, if you treated their reflux, their asthma got better," says Dr. John Mastronarde, an author of the new study and the director of the asthma center at Ohio State University, who has prescribed the medications known as proton pump inhibitors (PPI) to about a quarter of his asthma patients...

Author: /time Magazine | Title: Study: Acid Reflux Drugs No Help for Asthma | 4/8/2009 | See Source »

...more than a quarter-century, the Tamil Tigers have waged a guerilla war against the Sri Lankan government in their attempt to establish an independent state - which they call Eelam - for minority Hindu Tamils in the north and east of the island nation. Suicide bombings and assassinations have been the group's calling cards, all orchestrated by Velupillai Prabhakaran, who founded the insurgent group in the mid-70s. Now, a months-long push by the Sri Lankan military appears to have mortally wounded the group, considered by the United States a terrorist organization, trapping the Tigers (and thousands of Tamil...

Author: /time Magazine | Title: Tamil Tiger Leader Velupillai Prabhakaran | 4/8/2009 | See Source »

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