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...would have been interesting to ask each man what he thought about the value of the toxic assets on bank balance sheets. Unlike land, toxic assets can multiply. And, unlike land, the value of toxic assets may never rebound, although analysts differ on that subject. (See pictures of Mark Twain...

Author: /time Magazine | Title: Memo To Congress: "Buy Land, They Ain't Making Any More Of It" | 1/28/2009 | See Source »

...things, though, the renter's advantage will come to an end. While PPR projects apartment rent to drop 2.1% this year, next year's decrease is expected to be just 0.5%. That could be the beginning of a trend back toward higher rents, especially if the economy - and jobs - rebound. Plus, in just a few years, the children of baby boomers - an abnormally large cohort of young adults - will begin graduating from college and looking for a place to live, increasing demand for rentals. Considering how many construction projects are being put on hold these days, the supply...

Author: /time Magazine | Title: Bright Spot in the Housing Crash: Cheaper Rents | 1/22/2009 | See Source »

...Budanov's release sparked protests across Chechnya. On Tuesday, hundreds gathered in Grozny, the Chechen capital, to mourn the murders. Though Chechnya has recently experienced an economic rebound of sorts, the general instability of the region has reached far beyond the borders of the small republic. Just five months ago, Ruslan Yamadayev, the head of a leading Chechen clan opposed to Chechen President Ramzan Kadyrov, was gunned down while waiting at a red light in front of the British embassy in central Moscow. A week ago, Umar Israilov, a former Kadyrov bodyguard, was shot to death in Vienna...

Author: /time Magazine | Title: Murder in Moscow: A Lawyer Gunned Down | 1/20/2009 | See Source »

...just market analysts who are hoping for a Nikkei rebound. Japan has a unique vulnerability to negative stock-price momentum. Cross-shareholdings, a mainstay of traditional Japanese business practice in which companies hold shares of other firms to cement friendly relationships, make stock-price losses a broadly shared pain. Not only are Japan's megabanks involved in cross-shareholding; auto and electronics manufacturers like Toyota, Nissan and Sharp are too. Companies and financial groups own about 20% of the shares on the Tokyo Stock Exchange...

Author: /time Magazine | Title: Japan's Stock Market Waits on a US Recovery | 1/16/2009 | See Source »

...lock those players down on defense. Big Green senior Alex Barnett, who is averaging 18.5 points per game, was held to only 9 points, and Lin, averaging 17.9 points, managed just 10. Both players found a way to make a difference anyway and each led his team in both rebounds and assists. Lin notched his first double-double of the season with his impressive rebound effort, grabbing 11 total boards.Pusar shined for the Crimson, notching a game-high 19 points on 8-11 shooting. Only junior Dan Biber scored double-digits for Dartmouth, putting up 10 points...

Author: By Paul T. Hedrick, CRIMSON STAFF WRITER | Title: Crimson Wins in Waning Seconds | 1/11/2009 | See Source »

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