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The government says that Detroit is a "strategic" part of the economy. Saving The Big Three is as important as keeping the nation's large banks operating to maintain the flow of credit. But, the comparison is bogus. As John McCain, a military man much of his life, liked to...

Author: /time Magazine | Title: Will Detroit Need More Bailout Money? | 3/23/2009 | See Source »

The possibility of genetic risk factors for pancreatic cancers has motivated the scientists to pursue future studies related to specific genes.

Author: By Vijay Jain, CONTRIBUTING WRITER | Title: Study Links Blood Type and Cancer | 3/20/2009 | See Source »

As the tanks rolled into Iraq in March, 2003, Marine Colonel Matthew Bogdanos and his counterterrorism team followed right behind. Tasked with investigating battle-related criminal activity, the team was soon redirected to Iraq's National Museum when news broke that priceless artifacts were being looted. They camped out in...

Author: /time Magazine | Title: Stolen-Treasure Hunter Matthew Bogdanos | 3/20/2009 | See Source »

Treasury Secretary Tim Geithner had every reason to think he had seen all of AIG's dirty laundry. The government owned 80% of the company, and Geithner had just orchestrated AIG's most recent handout - its fourth, if you are keeping score, for $30 billion on March 2 - to prevent...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

In 1909, John Moody became the first financial analyst to assign letter grades to railroad bonds, giving investors an easier way to evaluate the rail companies' debt. It was the beginning of one of the most powerful forces in modern capitalism. Today a small club of bond-rating agencies, led...

Author: /time Magazine | Title: A Brief History Of: Ratings Agencies | 3/19/2009 | See Source »

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