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A greater threat to investors springs from the fact that Wells Fargo's loan losses could exceed the government's expectations. In calculating the stress tests, government bank examiners applied different loan-loss rates for different banks. For instance, bank examiners were relatively tough on Wells' primary mortgage-loan portfolio...

Author: /time Magazine | Title: Has Wells Fargo Stock Run Too Far? | 5/28/2009 | See Source »

Ma: Well it was a tough year for us. When we first took office we were faced with high prices of raw materials and oil, followed by the financial tsunami and economic downturn. We took measures to rescue the banking industry. We also reduced the inheritance tax from 50% to...

Author: /time Magazine | Title: Taiwan's Ma Reflects on His First Year As President | 5/14/2009 | See Source »

But that's not an option on this mission. The Hubble orbits at an altitude of about 350 miles and an inclination of 28.5 degrees. The ISS orbits lower - roughly 220 miles above the earth - and at a much sharper 51.6-degree angle. It's not hard for a spacecraft...

Author: /time Magazine | Title: Space Shuttle: Same Old Damage, Same Old Worries | 5/13/2009 | See Source »

Although the U.N. agency has warned that its new guidelines don't mean Iraq has turned a corner, aid workers fear that's exactly how they will be taken by officials in Damascus and Amman - with dire consequences for the refugees. "I'm wary that this will be interpreted by...

Author: /time Magazine | Title: Iraq's Refugees: Again, Spooked Away from Home | 5/13/2009 | See Source »

Gates has long demonstrated an impatience with wartime commanders who passively wait for the military hierarchy to give them what they need. He was stunned by the military's foot-dragging when he ordered additional armored vehicles and drone aircraft to the Afghanistan and Iraq wars. Even though McKiernan's...

Author: /time Magazine | Title: Why the Pentagon Axed Its Afghanistan Warlord | 5/12/2009 | See Source »

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