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...that may even be understating the amount of risk Goldman is really taking on. Hendler says Goldman computes its VAR by looking at what the firm could lose in relatively normal market conditions. Factor in today's wild market swings and Hendler figures that based on Goldman's recent exposure, the firm could lose as much as $340 million on a really...

Author: /time Magazine | Title: Goldman's Profits: Gambling with Taxpayer Money? | 4/14/2009 | See Source »

Adams' paper is the latest in a number of recent studies that paint a grim fate for the world's forests if warming isn't slowed. A major Science study published in January found widespread increase in tree mortality rates in the western U.S., thanks in part to regional warming trends and growing water scarcity. Another study published last month, also in Science, found that even the seemingly limitless Amazon rainforest could be highly vulnerable to drought. And since living trees suck up CO2 from the atmosphere, massive tree mortality due to warming could produce a feedback effect, further intensifying...

Author: /time Magazine | Title: The Dire Fate of Forests in a Warmer World | 4/14/2009 | See Source »

...fact, yoga therapy may even offer some aid to psychiatry's most intractable patients. Visceglia is in the process of analyzing data from a recent study she conducted at Bronx State Psychiatric Center on the effects of yoga therapy in people with chronic schizophrenia, some of whom have been hospitalized for 15 to 20 years. Her study suggests a decrease in negative symptoms and an increase in quality of life. The endocrine system and parasympathetic nervous system are out of whack in schizophrenia patients; yoga affects these systems, Visceglia says, leading to an increased overall feeling of calm...

Author: /time Magazine | Title: Psychotherapy Goes from Couch to Yoga Mat | 4/14/2009 | See Source »

...early to tell whether those threats will be acted upon or are merely the words of brigands feeling stung after getting their way for so long. The pirates have had uninterrupted rule of Somalia's seas for several months, and a spate of recent attacks suggests they are broadening their range to well beyond the Gulf of Aden to several hundred miles off the Somali coast. They once portrayed themselves as a coast guard for a country that has no government, and said they were striking back against fishing boats that illegally fished and dumped toxic waste in their waters...

Author: /time Magazine | Title: Girding for the Pirates' Revenge | 4/13/2009 | See Source »

...occasional helplessness of the crews - and a new wave of attacks in recent days despite the presence of an international flotilla off Somalia - has led some experts to demand that they be armed in case of attack. On Monday, Gortney told CNN that in addition to beefing up ship defenses on their vessels, shipping companies should deploy armed guards on ships that may come under threat. But such a move has many opponents, who argue that most crews are not properly trained to handle weapons, and such a decision would butt up against the laws of dozens of nations, which...

Author: /time Magazine | Title: Girding for the Pirates' Revenge | 4/13/2009 | See Source »

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