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So are stocks headed back to the lows of mid-November, when the Dow sank to 7552? A further decline of 5% or so from Thursday's lows would put the market back near the November bottom. For stock-market technicians, a so-called double bottom, or return to prior...

Author: /time Magazine | Title: Bank Fears Bring Back Bumpy Ride to Wall Street | 1/15/2009 | See Source »

Litt, who in mid-December took on the even juicier task of prosecuting Bernard Madoff, is deliberate, with an extreme attention to detail. He has a cool head, but friends love pointing to his dry sense of humor. For example, he once told a dentist he was examining in court...

Author: /time Magazine | Title: The Man Who Will Prosecute the Bernard Madoff Case | 1/14/2009 | See Source »

He noted, "....during the past week I have learned that my health-related issues are more complex than I originally thought... In order to take myself out of the limelight and focus on my health, and to allow everyone at Apple to focus on delivering extraordinary products, I have decided...

Author: /time Magazine | Title: Steve Jobs Takes Medical Leave From Apple | 1/14/2009 | See Source »

But today, Jobs sent an email to Apple employees asserting that "during the past week I have learned that my health-related issues are more complex than I originally thought." Jobs asked COO Tim Cook to take over Apple's day-to-day operations while he recuperated, but added that...

Author: /time Magazine | Title: Steve Jobs Is Off the Job at Apple | 1/14/2009 | See Source »

Were you surprised by the ruling? Slightly. The government had brought to the attention of the judge direct disobeyance of a court order, albeit in a related civil case, and that to me is convincing evidence that the defendant poses a serious risk of flight. If I was the judge...

Author: /time Magazine | Title: Why Is Bernie Madoff Still Free? | 1/13/2009 | See Source »

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