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With Fiat now in Chrysler's picture, though, there's more optimism than dread. Notes Sean McAlinden, vice president of research at the Center For Automotive Research in Ann Arbor: "The thing you have to remember about Chrysler is that it seems to have more lives than...

Author: /time Magazine | Title: So Who Owns Chrysler Now? | 1/23/2009 | See Source »

...Treasuries in November but bought $38.2 billion of short-term government notes.) Indeed, part of the reason short-term interest rates are so low in the U.S., as Council on Foreign Relations economist Brad Setser notes, is that foreign central banks - including China's - are doing the same thing private investors have been doing: pouring funds into short-term, highly liquid, dollar-based assets. If China reversed course and pulled money out of the U.S. in a big way, it would ravage the value of its own portfolio, which is still largely invested in long-term bonds and notes. This...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

...reasons for the decision. Though Winthrop residents said the announcement didn't come unexpectedly—Rosen and Sassanfar have children, some of whom will soon be attending college—they said the Masters would be missed for their warmth and welcoming nature. "To me, the most important thing about them: They're just kind, normal people that you want to be around," Caitlin v.V. Crump ’10 said. In his e-mail, Rosen individually addressed sophomores, juniors, and seniors—a reflection of what Crump called Rosen and Sassanfar's emphasis on House community...

Author: By Ahmed N. Mabruk, CRIMSON STAFF WRITER | Title: Winthrop Masters to Step Down After Six Years | 1/22/2009 | See Source »

...Senate Budget Committee chairman Kent Conrad said Wednesday the Senate version should take the CBO report into account and focus more on job creation. "One thing I think we have to look at is a redirection of some of this money," he told reporters tersely after the caucus meeting, "to things that will have more of an immediate effect." The Senate Appropriations Committee postponed its markup of the Senate version until next week after negotiators said they wanted to revisit some provisions...

Author: /time Magazine | Title: Economic Stimulus Plan Hits Bipartisan Obstacles | 1/22/2009 | See Source »

...There's no such thing as a conflict that cannot be ended. Conflicts are created, conducted and sustained by human beings. They can be ended by human beings." - Academy for Achievement interview, June...

Author: /time Magazine | Title: Middle East Envoy George Mitchell | 1/22/2009 | See Source »

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