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...market are the institutions most battered by the credit crisis and flagging economy. Among the companies offering the highest yields on CDs are GMAC, the financing arm of the carmaker GM; Corus, a Chicago bank that has lost substantial money on construction loans; Wachovia, the Charlotte, N.C., bank whose sale to Wells Fargo was brokered by regulators in October; and the bank affiliate of the insurance company AIG, which the Federal Government started bailing out in September...

Author: /time Magazine | Title: The CD-Rate Scramble: Better for Depositors than for Banks | 12/8/2008 | See Source »

...Fare Sale. AirTran Airways has fares between Atlanta and Baltimore for as low as $64, and between Chicago and Ft. Myers, Fla., starting at $79. Hurry to book...

Author: /time Magazine | Title: Travel News: Great Places to Skate this Season | 12/7/2008 | See Source »

...mistake. "I'm not selling more at $0.99 than I was at $2.99," he said of the entertaining little app that simulates a glass of beer: put the phone to your lips, tip it and you can "swallow" the beer. He dropped the price as part of a presidential sale on Election Day but said he'll raise it again soon to test his theory. Sheraton, who's filed a lawsuit against Coors for creating an iBeer knockoff called iPint, declined to say how many copies his application sold...

Author: /time Magazine | Title: What Makes a Best-Selling iPhone App? | 12/4/2008 | See Source »

...Some man lost his life because a VCR was on sale? Please. It's just too sad for words.' ELLIE BERHUN, shopper, after customers at a Walmart in suburban New York trampled a storeworker to death on Black Friday...

Author: /time Magazine | Title: Verbatim | 12/4/2008 | See Source »

...There will likely be scant accountability following the recent extinction of banks like Lehman Bros. and Bear Stearns, the collapse and sale of Merrill Lynch, or he bailout of A.I.G. Richard S. Fuld, Jr., Lehman’s CEO, might not face any more discomfort than his public roasting by Rep. Henry Waxman, the new chairman of the House Committee on Oversight and Government Reform. No judge can sentence him to pay back the $300 million he took from the company in the last few years, because he did so legally—if unethically...

Author: By Alexander R. Konrad | Title: Real Execution | 12/4/2008 | See Source »

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