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...Thursday - a 7.3% drop in the Dow Industrials, a 7.6% decline in the S&P 500 - were just the latest in a string of traumas for investors already afraid to open brokerage statements or turn on cable TV for fear of what the news might bring. It was the seventh straight day of declines for the Dow, driving the group of blue-chip stocks below 8,600, a level not broached in five years. Since the market's high - ironically enough, exactly a year ago - the Dow has shed nearly...

Author: /time Magazine | Title: A Market Meltdown That Won't Stop: Is This Rational? | 10/9/2008 | See Source »

...success: continually tweaking the firm's game to fit the times, the markets, the opportunities and Goldman's talent--managing partners like the brilliant and charming seventh-grade dropout from Brooklyn, Sidney Weinberg (a.k.a. "Mr. Wall Street"); the worldly, turbocharged Gus Levy; and John Whitehead, whose prescience helped shape the firm into a master of the financial universe in the 1980s. U.S. Treasury Secretary Henry Paulson, now a flummoxed bureaucrat in the hot seat, also ran the show after forcing out Jon Corzine...

Author: /time Magazine | Title: Business Books | 10/9/2008 | See Source »

...Oasis' seventh album, Dig Out Your Soul, also incorporates different traditions: John Lennon's and Paul McCartney's. There are plenty of worse musicians to rob, and on several tracks Oasis proves that it still has a gift for towering, arena-friendly tunes. "I'm Outta Time" is rock balladry at its shameless best--with an emotional guitar lead and a sweeping, sing-along chorus: "If I am to go/ In my heart you grow." Good luck resisting it, even if there is a needlessly appended sample from Lennon's final radio interview. "Ain't Got Nothin'" takes the band...

Author: /time Magazine | Title: Monkey and Beatles | 10/9/2008 | See Source »

...McCain is by no means out of the game yet. Since it is the eve of the World Series, let's use a baseball analogy: McCain is down eight runs, but it is the seventh inning, not the ninth. He needs to whittle away at Obama's lead in Nashville to put himself within striking distance, not strain for a tie with a wild swing for the fence...

Author: /time Magazine | Title: Can McCain Turn the Tide in Debate No. 2? | 10/7/2008 | See Source »

...said senior Lauren Brants. In the end, it was the Crimson’s dynamic duo of junior skipper Drew Robb and crew Brants who came in second in the A division, while freshman skipper Jerry Tullo and senior crew Kerry Anne Bradford finished in seventh place in the B division. Tullo sailed in his first collegiate regatta, and though it took him some time to adjust to the boat, he performed incredibly well by day’s end, recording a win in the seventh race of the regatta.Meanwhile, Robb and Brants rebounded from a disappointing 16th-place...

Author: By Kevin T. Chen, CONTRIBUTING WRITER | Title: Road Regatta Stretches Crimson Thin | 10/6/2008 | See Source »

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