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...Middle East investors last year in an effort to bolster its capital base, Barclays agreed in June to sell the investment unit BGI to U.S. fund manager BlackRock for $13 billion. HSBC, for its part, pulled in close to $18 billion in a bumper-rights issue in April. The result: "Survival is no longer the issue" for these banks, says Maughan. "Growth can be once again...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

...allowed to co-locate, i.e., rent server space within or near the NYSE or another exchange's computer servers to get access to trading statistics faster - just milliseconds faster - than competing investors. This is just one of the techniques that have come to light in recent weeks as the result of a paper by Sal Arnuk and Joseph Saluzza, co-founders of Themis Trading...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...question answered now, pick your airline seat now, buy anything you want right now. Cell phones and the Internet, together with FedEx and U.P.S., finally and fully satisfy the permanent child within each of us - the impulsive child with zero tolerance for waiting. And as a result, during the last quarter century, delayed gratification itself came to seem quaint and unnecessary...

Author: /time Magazine | Title: Boomers: Older and Maybe, Finally Wiser | 8/5/2009 | See Source »

...presidential elections currently scheduled for early next year. Much of the Fatah rank and file and even many in the leadership believe that the only way the movement can be saved is to break with American tutelage and seek to reclaim the mantle of "resistance" from Hamas. The result is that the political statement adopted by the conference is unlikely to please the U.S. and Israel. (See pictures of the 2006 Palestinian election won by Hamas...

Author: /time Magazine | Title: Fatah Conference Aims to Boost Its Radical Credentials | 8/4/2009 | See Source »

...conference marks the first opportunity Fatah's membership will have to comment on the moderate negotiating strategy adopted by Abbas, and the result is likely to weaken his mandate to pursue the sort of talks the Obama Administration is hoping to see in the near future. For many, the priority is to rebuild Fatah, which requires that the movement return to the kind of politics that can challenge Hamas for the mantle of resistance. Since the failure of the Camp David talks in 2000, successive Israeli elections have shown the voters moving steadily away from support for the peace process...

Author: /time Magazine | Title: Fatah Conference Aims to Boost Its Radical Credentials | 8/4/2009 | See Source »

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