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...This year's National League Championship Series (NLCS) starts Thursday night, with the Los Angeles Dodgers visiting the Philadelphia Phillies. The American League Championship Series (ALCS), featuring the Boston Red Sox and Tampa Bay Rays, begins on Friday. The first championship series was in 1969, the year baseball added four new franchises: the San Diego Padres, Montreal Expos, Kansas City Royals, and Seattle Pilots (who moved to Milwaukee the following year and became the Brewers) giving both leagues twelve teams each. Prior to that year, the regular season champs from each league went straight to the World Series. So when...

Author: /time Magazine | Title: The League Championship Series | 10/9/2008 | See Source »

...longer the credit markets remain dry, the more things are going to die. That's what's behind yet another day of bloodshed on Wall Street, where the market lost 678 points, or 7.33%, in panicky late trading on Thursday. It's also what's behind yet another financial jack-in-the-box move by Henry Paulson at Treasury, who hinted on Wednesday that he was considering using part of the massive $700 billion bailout package approved by Congress to directly buy stakes in banks - after having dismissed the idea less than a week before...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

...reaction to Paulson's speech was something on the order of: "Holy [expletive deleted], we must really be in trouble." The market cratered when it heard on Wednesday, losing nearly 190 points on the Dow after trading in the black for most of the day. It tanked again on Thursday...

Author: /time Magazine | Title: Will Paulson's Bank Plan Finally Unfreeze Credit? | 10/9/2008 | See Source »

...huge stock-market losses on Thursday - a 7.3% drop in the Dow Industrials, a 7.6% decline in the S&P 500 - were just the latest in a string of traumas for investors already afraid to open brokerage statements or turn on cable TV for fear of what the news might bring. It was the seventh straight day of declines for the Dow, driving the group of blue-chip stocks below 8,600, a level not broached in five years. Since the market's high - ironically enough, exactly a year ago - the Dow has shed nearly...

Author: /time Magazine | Title: A Market Meltdown That Won't Stop: Is This Rational? | 10/9/2008 | See Source »

...yours?” She asked politely. “My boyfriend took me out to dinner at Sandrine’s on Saturday,” she responded, smiling. “Oh, Sandrine’s. Cute. I think Goldman’s hosting a dinner there Thursday night.” Livingstone twiddled her thumb over her electronic calendar to verify, and nodded her head to indicate that the dinner would indeed be held Thursday night. “Well, anyways. You have a boyfriend. Good for you,” she added, beginning to pant...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: The Bystander Hits the Gym | 10/8/2008 | See Source »

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