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...only did oil prices go down, but other assets also declined significantly. The further oil prices went down, the more deleveraging and liquidation had to occur to cover these losses. The financial crisis was the spark; deleveraging, the fuel. A chain reaction occurred as traders who had bought oil saw their money disappear in oil and other losing investments. And with a credit crisis looming, major players interested in maintaining a long position could not raise capital to cover margin requirements...

Author: /time Magazine | Title: What Caused the Big Slide in Oil Prices | 11/14/2008 | See Source »

...minds of Westerners seeking enlightenment beyond their own borders, Chopra has arguably been the most successful at erasing apparent differences between East and West by packaging Eastern mystique in credible Western garb. When Larry King turned to him for answers in the wake of the Sept. 11 attacks, viewers saw a man with a mind completely at home with both tradition and modernity and a heart big enough to mend their differences. Plenty have tried, but no other contemporary importer of Asian wisdom has managed to embody this synthesis in as appealing a package as Chopra...

Author: /time Magazine | Title: New Age Supersage | 11/14/2008 | See Source »

...Hallelujah, blah blah blah. I want to talk about “Saw...

Author: By Jillian J. Goodman | Title: A Slice of Justice | 11/14/2008 | See Source »

...Saw” that started it all was made on a mere $1.2 million. To put that in perspective, “HSM3” cost $17 million, which is still not a whole lot, and the film that came in just behind “Saw V” at the box office, the Mark Wahlberg action vehicle “Max Payne,” cost $35 million, so far has a total domestic gross of only $38.6 million, four weeks into its theatrical...

Author: By Jillian J. Goodman | Title: A Slice of Justice | 11/14/2008 | See Source »

...maybe I don’t just want to talk about “Saw.” Maybe I want to talk about President-elect Obama, and faith in leadership, and keeping fantasy where fantasy belongs—in the movie house, not in the White House. Absolute justice may not exist, but watching Bush wave goodbye to Washington sure will come close...

Author: By Jillian J. Goodman | Title: A Slice of Justice | 11/14/2008 | See Source »

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