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...similarities are huge, except this time the opportunities seem to be on the debt side as opposed to the equity side," says Bob Bach, chief economist with Grubb & Ellis Co., a commercial real estate services and investment company...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...glamorous - and revealing - evening dress was taken during a visit to the Oslo opera in April 2008. Back then, the sight of the Chancellor's décolletage raised some eyebrows and triggered a heated debate in the German media over her "demonstratively feminine" physique. Now that photo, side by side with one of Lengsfeld looking equally feminine, is generating both glee and outrage across Germany. (Read about Merkel in the 2009 TIME...

Author: /time Magazine | Title: Busting Out: German Pol Plays the Cleavage Card | 8/17/2009 | See Source »

There was, however, no escaping the after-effects of the war on the road to Madhu. There were armed personnel on either side of the road, bunkers with dugouts manned by soldiers, occasionally a bomb-damaged building. The railroad that ran parallel to the trunk road had been reduced to a long mound of earth, as if it were the trail left by some giant worm. The iron tracks had long been removed to construct the many bunkers...

Author: /time Magazine | Title: How the Virgin Mary Survived Sri Lanka's Civil War | 8/17/2009 | See Source »

Pilgrims also passed through camps where some of the more than 280,000 people who were displaced by the last phase of the fighting now live. At the turnoff to the shrine, pilgrims were strictly warned not to stop on the side of the road till they reached the church compound. They were told that the jungles on the sides of the road were still littered with mines and other ordnance; red skull-and-crossbones signs drove the message home. Still, the pilgrims arrived in the tens of thousands, in vans, buses, trucks, public transport, an old British double-decker...

Author: /time Magazine | Title: How the Virgin Mary Survived Sri Lanka's Civil War | 8/17/2009 | See Source »

Though the main church has survived almost unscathed, the side church of the Sacred Heart of Jesus on its right still bears the marks of years of war. Its roof was blown off and at the end is a ruined statue of Jesus Christ, destroyed by something that hit the building. Worshippers have tied coins to the statue as part of their vows. You can see the sides of its pedestal pockmarked with shrapnel. (See pictures of a deadly attack on Sri Lanka's cricket team in Pakistan...

Author: /time Magazine | Title: How the Virgin Mary Survived Sri Lanka's Civil War | 8/17/2009 | See Source »

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