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Whatever their motives, the growing legion of foreign owners of English clubs has pumped hundreds of millions of dollars into the transfer markets as teams compete to gain an edge. It's a cutthroat game, precisely because revenues are closely related to a team's performance: only the top four...

Author: /time Magazine | Title: Soccer's Billion-Dollar Players | 8/3/2008 | See Source »

For now, we do know that Bruce Ivins had a history of hiding relatively minor anthrax-related security breaches from his supervisors. He also was well positioned to access anthrax, and his lab benefited enormously in money and resources from the fallout of the anthrax attacks. Along with other scientists...

Author: /time Magazine | Title: The Anthrax Mystery Deepens | 8/2/2008 | See Source »

The controversy isn't entirely surprising. The point of beer pong is to get your friends drunk - and parents and university administrators generally frown on that sort of thing. Last fall, Georgetown University banned beer pong, specially made beer-pong tables and inordinate numbers of Ping-Pong balls and any...

Author: /time Magazine | Title: The War Against Beer Pong | 7/31/2008 | See Source »

Early on, it was Bernanke and the Federal Reserve that took the lead, with various measures meant to keep financial markets functioning and banks lending. But as house prices kept dropping, the problem began to shift. It was no longer just that financial institutions were wary of lending, but also...

Author: /time Magazine | Title: Can Paulson Save the Economy? | 7/31/2008 | See Source »

The verdict is the first of several to come in a series of legal cases facing the former PM and his inner circle. Thaksin himself, who was ousted in a September 2006 bloodless coup by a military clique that claimed the popular leader was corrupt, divisive and disrespectful of the...

Author: /time Magazine | Title: Thaksin's Wife Found Guilty | 7/31/2008 | See Source »

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