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...years old, and played major league baseball for almost a quarter century...

Author: /time Magazine | Title: Rickey Henderson | 1/13/2009 | See Source »

...forecasts for Bank of America (BAC) are even more troubling for investors who want some comfort in certainty even if the numbers are bad. The high estimate for losses in the last quarter is $.25. One analyst is taking the bullish case with $.59 a share profit. No one believe that the best numbers so it is hard to understand why they are even still on the books...

Author: /time Magazine | Title: Chaos Theory Takes Hold Of Corporate Earnings | 1/13/2009 | See Source »

...days as a cozy, boozy gentlemen's club may have long passed, but the City, as London's financial quarter is known, remains a male bastion. As it turns out, that could have more to do with biology than misogyny. In a study by scientists from the University of Cambridge, male City traders who had been exposed to high levels of testosterone in the womb were on average six times more profitable than those exposed to low levels of the hormone...

Author: /time Magazine | Title: Successful Traders: The Testosterone Effect | 1/12/2009 | See Source »

...developments will further complicate matters for many companies struggling to survive in what is arguably the bleakest economic and financial crisis since the Depression. The true scope of the market's toll on pension plans will become apparent in the coming weeks, when companies release fourth-quarter and year-end earnings statements. In conference calls to investors and analysts, top corporate executives are likely to explain how they plan to handle the loss. Many will probably reduce sharply or even eliminate new benefits packages, cut wages and resort to more job cuts to recover the loss. It will also likely...

Author: /time Magazine | Title: Pension Losses Could Whack 2009 Corporate Profits | 1/12/2009 | See Source »

...figured contained about 10,000 seats - an image he can now think back to whenever a person starts talking about tens of thousands of a particular thing. When numbers get too large, though, that method breaks down. A stack of one trillion $1 bills would reach more than a quarter of the way to the moon - replacing one incomprehensible thought with another doesn't do much good...

Author: /time Magazine | Title: How to Understand a Trillion-Dollar Deficit | 1/11/2009 | See Source »

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