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Here's a nightmare scenario: Iraqi ground troops led by the Republican Guard resist to the bitter end. Saddam hunkers down in a densely populated section of Baghdad, broadcasting calls for sabotage against oil facilities around the Persian Gulf. Large-scale battles tail off in a few weeks, but sporadic attacks on U.S. forces and oil installations continue. Fearful workers and engineers refuse to operate Iraq's oil fields, which close down for as long as six months. In this case, experts say, prices would probably peak above $40 per bbl. and, once fighting ended, fall gradually by year...

Author: /time Magazine | Title: Iraq: War and the Economy: All About The Oil | 2/17/2003 | See Source »

STEIN: A dividend obviously is more attractive in view of the President's plan. But the tail shouldn't wag the dog. First are the fundamentals of the company. We like energy: Exxon Mobil, Chevron Texaco [4.4%] and ConocoPhillips [3.5%]. They have strong balance sheets and have increased their dividends. We are also looking at health care, including Pfizer [2%]. In the consumer area, companies with reasonable valuations include ConAgra...

Author: /time Magazine | Title: Investing: Get Thy Yield | 2/10/2003 | See Source »

...watercress soup was dramatically decanted at the table from a small jug into a square bowl (presumably in keeping with the new name) in the center of which sat a small piece of lobster tail. The appearance was stunning, the soup a deep green that would have seemed more at home on a canvas than at a dinner table. That said, it should have been warmer—a frequent problem—and desperately needed more salt. Salt and pepper shakers are not put on the table, a rather affected touch, it seems, and if management is determined...

Author: By Anthony S.A. Freinberg, CRIMSON STAFF WRITER | Title: Stairway to Heaven | 2/6/2003 | See Source »

...flying squirrel. Its gliding motion supports the theory that birds, which are believed to have evolved from dinosaurs, took their first flight from the trees down, not from the ground up, as a competing theory maintains. Microraptor gui was relatively small--about 3 ft. long from head to tail--and died out 128 million years ago. --By Rebecca Winters

Author: /time Magazine | Title: Discovering a Jurassic Highflyer | 2/3/2003 | See Source »

...He’s been busting his tail, but we don’t know why his wins haven’t been coming,” said Harvard coach Jay Weiss. “He just proves that no matter what the score is, if you can put him on the back...

Author: By Evan R. Johnson, CRIMSON STAFF WRITER | Title: Wrestling Dominates in First Two Home Meets | 2/3/2003 | See Source »

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