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...instance, the government completed its initial investment of $25 billion in Citigroup in late October. Back then, a preferred share similar in type to those purchased by the government was trading at $15.60. Since then, the shares have fallen 12%, to a recent $13.67. To figure out the total return of Treasury's portfolio, TIME compared the returns of an index that tracks financial preferred shares with the dates on which Treasury made its investments. All told, in about six weeks the Treasury Department has lost an estimated $16 billion, or about 10% of the money invested...

Author: /time Magazine | Title: Treasury Investments Already $16 Billion in the Red | 12/11/2008 | See Source »

Rusfinance and Société Générale officials say they are working the crisis to their advantage and have increased the company's share of the auto-loan market. "We see this as an opportunity," says Lyudmila Bogushevskaya, director of Rusfinance's regional network department...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...satisfied to stop there. What about the person who passed the virus on to your colleague, the one before him and others earlier still? Contagious diseases operate like a giant infectious network, spreading like the latest YouTube clip among friends of friends online. We're social animals; we share. (See the Year in Health, from...

Author: /time Magazine | Title: The Happiness Effect | 12/11/2008 | See Source »

...successful, student leaders must step up as well. The Presidents’ Forum was founded a few years ago to promote collaboration amongst organizations. Never has that been more crucial to the success of groups on campus than in the upcoming year. It is vital that student groups share the best practices—what works and what does not–in order to avoid duplicate efforts and ultimately save groups money. As a member of FiCom for five semesters, I’ve reviewed roughly 2,500 grants. The best events (in terms of impact and attendance...

Author: By Anthony R. Britt | Title: Change U Can C | 12/11/2008 | See Source »

...don’t think we were impacting the election, but I felt like we were in the discussion.”The creative process at the show is based on collaboration among the writers and actors. Jost compares it to living in dorms. “We all share rooms with cast members,” he says. “My roommate is Kenan Thompson. It’s kind of like a dorm set up almost, with everyone grouped together and you stay up all night and try to write something.” This encourages actors...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: Lampoon Writers Ready for Primtetime | 12/11/2008 | See Source »

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