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...With the stock market shedding more than a third of its value this year, pension funds at big companies have been battered beyond recognition. What looked like safe stowaway spots where corporations securely tucked away assets for their employees' retirements now look like roller-coaster funds. In addition to sending shivers up the spines of employees who count on that income, the problem also threatens to haunt the bottom line at many major firms. Williams says some may be forced to consider mergers to accumulate bigger asset bases or may have to sell off strategic assets...

Author: /time Magazine | Title: Pension Funds Weakened By Stock-Market Decline | 10/31/2008 | See Source »

...this pure maiden of ours had any blemish upon her soul, any indecency to mar her perfection, it was only a propensity to adore and love too greatly. None whom she revered would be harmed, even if she must sacrifice her greatest treasure in order to keep them safe! Roxanna trembled at the knowledge of how Frederick must be rescued. “I am not worthy!” she whispered to herself, her vestal veins thrumming. But her maidenly soul, however it quivered, could not ignore the command from on high. Roxanna felt herself drawn outside...

Author: By Lesley R. Winters, CONTRIBUTING WRITER | Title: The Stable Boy: Chapter 11 | 10/31/2008 | See Source »

...economic crisis on start-ups but told the students not to let the current market turbulence deter them. “If the financial crisis has proven anything,” he said, “it’s that working for a large institution is just as safe as starting your own business...

Author: By Yuying Luo, CONTRIBUTING WRITER | Title: Biz Start-Ups Encouraged | 10/29/2008 | See Source »

...night made the next morning seem all the more terrible. When I learned that Peter Cai, a student I had never met, had passed away, it sent me reeling. I felt a reflexive clench in my chest and I suddenly wanted to hold everyone around me to keep them safe. In that one instant, I felt a lot of things for which there are no words. How do you put into words the fact that you’re sorry for all the times you were petty, every time you were sullen, and every minute that passed...

Author: By Marina S. Magloire | Title: Reflections on a Human Pyramid | 10/29/2008 | See Source »

...paradise. Over the past several years, the country has invested heavily in its Adriatic resorts like Dubrovnik and collects much of its foreign exchange from tourism. "The worst thing that we can now do is to [have to] start going around trying to persuade people that Croatia is a safe country," says Nadan Vidosevic, chief of Croatia's Chamber of Commerce. "We mustn't allow insecurity to spill over...

Author: /time Magazine | Title: Crime Wave Clouds Croatia's Future | 10/29/2008 | See Source »

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