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...financials may have a couple more months of relative strength as portfolios readjust, but when might banks and brokers reemerge as stock-market leaders? Before financials can emerge in a leadership position we will need to see some semblance of very stern regulation in the financial field, which will signal to investors that financial companies are clean - at that point they may even be overregulated. Also, between 2001 and 2007 financials added a bunch of capacity, and that needs to recede, through consolidation or simply going out of business. That's still a few years...

Author: /time Magazine | Title: Stock Market: Why Are Financial Stocks Rallying? | 5/19/2009 | See Source »

...persuasion; they have proved to be hate-filled extremists who place no value on human life. I don't like torture either, but if it proves to obtain information that puts a stop to future bloodshed--as it has, according to experts--then I say please resume. John Stern, GRAND HAVEN, MICH...

Author: /time Magazine | Title: Inbox | 5/18/2009 | See Source »

...Sterns, a married couple, have been hitting dives since the first edition of their classic, Roadfood, was published in 1977, do not agree with Kurlansky's contention that local cuisine is dying. "We're getting more homogenized. There is a lot of crap out there, but it is not that difficult to avoid the crap," Michael Stern says. "Jane and I could eat our way around this country for three more lifetimes and not eat all the regional dishes. And by then, there'd be 3,000 new regional dishes." New dishes that often are formed by the rubbing...

Author: /time Magazine | Title: Eating Local Before It's Too Late | 5/13/2009 | See Source »

...Kurlansky's America is vanishing and the Sterns' is still emerging, both describe a culinary landscape more fascinating than the hamburgers and pizza we're known for. It's the kind of dynamic cultural mash-up that occurred in Italy before each town's dishes were calcified into classics. While every highway Olive Garden and Chili's hinders that dynamism, local cuisine is not gone yet. "There is no national hot-dog chain," says Stern. "That's because people are so loyal to the hot dog with which they grew up." So maybe we're not quite Europe. That doesn...

Author: /time Magazine | Title: Eating Local Before It's Too Late | 5/13/2009 | See Source »

...someone has kidnapped four prominent Cardinals, all in line to be the next Pope, and threatened to murder them and, that very night, blow up St. Peter's Square with a vial of antimatter stolen from a Geneva research lab. In Rome by sundown, Langdon finds adversaries in a stern Cardinal (Armin Mueller-Stahl) and the head of the Vatican's Swiss Guards (Stellan Skarsgard), and two allies in a passionate young Vatican priest (Ewan McGregor) and a scientist (Ayalet Zurer) from the antimatter lab. The meat of the story occupies about five hours that evening, as Langdon rushes from...

Author: /time Magazine | Title: Holy Hanks! Fun and Games in Angels & Demons | 5/13/2009 | See Source »

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