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...long-term consequences of such a merger will weigh heavily on the trust-board members since they must consider how it will affect their bottom line far into the future. Outbidding Kraft for Cadbury would force the company to take on a mountain of debt, analysts say, which could damage Hershey's strong credit rating. And raising that money could force the company to issue new stock, potentially diluting the control the trust enjoys...

Author: /time Magazine | Title: In Hershey's Possible Cadbury Bid, a School's Fate | 12/15/2009 | See Source »

...analysts say Citi's rush to repay the assistance it got through the government's Troubled Asset Relief Program (TARP) will make the bank weaker, not stronger. The move will reduce Citi's capital ratios and hurt earnings; it may also accelerate a retreat of foreign investors from the company's shares. Worse, the government is demanding stricter terms from Citi than it did from Bank of America on the repayment deal it struck just a week ago. The different treatment shows that the government remains more concerned about Citi's finances than those of its rivals...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...Hoffman, who has studied terrorism of all stripes, say it's not just Islamic extremism that attracts middle-class adherents. "You look at every kind of terrorism over the past century, and you'll find that the majority of the people who participated were not poor or ignorant but well-off and educated...

Author: /time Magazine | Title: Most Domestic 'Jihadists' Are Educated, Well-Off | 12/14/2009 | See Source »

Moments after a Milan attacker hurled a rock-hard souvenir into Silvio Berlusconi's face, the dazed and bloodied Prime Minister stood up on the edge of his car so the crowd could get a good look. An aide would later say that Berlusconi, 73, instinctively wanted to assure everyone that he was all right. You might also imagine that the embattled leader was eager for the world to see that - thanks to his haters - he was in fact not all right...

Author: /time Magazine | Title: The Berlusconi Attack: Will Italy's Leader Gain Sympathy? | 12/14/2009 | See Source »

...other religious holidays that have occurred since June, the opposition is likely to encourage supporters to come out and defy the regime. To prevent this, the conservatives who control the government may try to portray the protesters as desecraters of the legacy of Khomeini. The trouble is, many protesters say the same about the current rulers of Iran...

Author: /time Magazine | Title: Ayatullah Khomeini Returns to Haunt Iranian Politics | 12/14/2009 | See Source »

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