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Companies that want to get bigger or round out their portfolios of businesses have probably been on the phone with their investment bankers in the last two weeks. It may be the first time that some bankers have gotten a client call in a year. There is a rush to look at targets now, because if the market moves up another 10% or 15%, a lot of companies that were cheap will get expensive...

Author: /time Magazine | Title: A Renaissance for Big Acquisitions | 3/19/2009 | See Source »

...Minority Report Arakan's capital, Sittwe, is a sleepy port near the Bay of Bengal where the pace of life inches along at the speed of a pedicab. But nearby, the rush for oil and gas is intense; last year, Russian, Thai and Vietnamese companies signed exploration deals with the junta. In late December, a consortium of four foreign companies, led by South Korea's Daewoo, inked an agreement with the junta and China National Petroleum Corp. to extract natural gas from Arakan's offshore Shwe fields and pipe it northeast through Burma to China's Yunnan province. The pipeline...

Author: /time Magazine | Title: The Scramble For A Piece of Burma | 3/19/2009 | See Source »

...already trades at a discount, repentance offered only in exchange for immunity from further prosecution. This winter we got to watch A-Rod explain his doping and Michael Phelps explain that bong and various presidential appointees account for their tax returns and Republican Party chair Michael Steele beg Rush Limbaugh's forgiveness for telling the truth. Even the Pope, who forgives people for a living, has been having trouble: he had to apologize for ever accepting the lame nonapology of an excommunicated bishop who declared that "there was not one Jew killed by the gas chambers - it was all lies...

Author: /time Magazine | Title: The Lost Art of Saying I'm Sorry | 3/18/2009 | See Source »

...event was initiated by Alexandra C. Dowd ’11, a sister in the Kappa Kappa Theta sorority [SEE CORRECTION BELOW]. Dowd’s home-town neighbor Lynn Gordon “Gordie” Bailey Jr. died of an alcohol overdose during the Chi Psi fraternity rush at the University of Colorado...

Author: By and Manning Ding, CONTRIBUTING WRITERS | Title: Groups Grapple with ‘Haze’ | 3/18/2009 | See Source »

...that I think we all, behind the veil of ignorance—would be willing to make. Moreover, the problem should, to some extent, take care of itself as students with greater flexibility decide to relocate to less popular dining halls in order to avoid the rush...

Author: By Daniel E. Herz-roiphe | Title: Smoot, Hawley, and HUDS | 3/18/2009 | See Source »

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