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...Credit Suisse. The LBB was privatized in 2007. Expecting that LBB would be downgraded by ratings agencies, BVG was planning to insure its assets through another state-owned bank in Germany, the Landesbank Baden-Wuerttemberg. But city officials say BVG's advisor, J.P. Morgan, suggested the transit company spread the risk by insuring the deal through a collateralized debt obligation, or CDO, backed by a consortium of some 150 banks and insurers that included AIG and Lehman Brothers...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

...Arctic The Deicing Age Scientists at the National Snow and Ice Data Center say older, thicker sea ice, which once made up 30% to 40% of Arctic sea ice and is less prone to melting, makes up only 9.8% of this year's shrunken ice spread--the lowest level ever. The rest is thinner and more vulnerable to warmer summer temperatures. Researchers estimate that 80% of Arctic ice may melt over the next 30 years and eventually disappear altogether...

Author: /time Magazine | Title: The World | 4/9/2009 | See Source »

...Colaba, tel: (91-22) 2285 5629, near Strand Cinema, serves the best dhansak outside of a Parsi home. Jimmy Boy, tel: (91-22) 2270 0880, off Horniman Circle in the Fort District, is the place to go for a taste of lagan nu bhonu - the traditional Parsi wedding spread - if you don't want to wait for the increasingly rare occasion when two Zoroastrians tie the knot. The meal is always finished with baked wedding custard sprinkled with almonds, pistachios, cardamom and nutmeg powder. Ideal Corner, tel: (91-22) 2262 1930, off Pherozeshah Mehta Road, serves an auspicious meal that...

Author: /time Magazine | Title: Mumbai's Parsi Restaurants: Get It While It's Hot | 4/8/2009 | See Source »

...started the movement with the firm resolve that I will never be caught alive by the enemy. That has spread down the ranks." - on the wearing of cyanide capsules by his followers, a tradition he began himself (Los Angeles Times...

Author: /time Magazine | Title: Tamil Tiger Leader Velupillai Prabhakaran | 4/8/2009 | See Source »

...infection than the general population - facing the highest risk. After the new government numbers were released in February, Zhang Beichuan, a researcher at Qingdao University, told the state-run media that the high number of gay men entering into heterosexual marriages is a contributing factor to the increasing spread of HIV. Extra-martial, high-risk sex puts both those men and their wives at risk, according to a study Zhang conducted in 2006, and the enduring discrimination homosexuals face in China prevents many men from getting tested for HIV/AIDS or seeking treatment. Only with more understanding and tolerance will efforts...

Author: /time Magazine | Title: With HIV/AIDS Deaths on Rise, China Struggles to Improve Outreach | 4/8/2009 | See Source »

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