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...French Open, Wimbledon and the U.S. and Australian Opens). In the GOAT Debate - Greatest of All Time - Federer now has only one rival: Rod Laver, the Australian star who not only won all four Slams, but twice did so in a calendar year (in 1962 and 1969). Laver's total of 11 Grand Slam titles could have been higher had he not been forced out of major events from 1963 to 1968, when Slams were open only to amateurs. Now 70, Laver spoke to TIME from his home in California...

Author: /time Magazine | Title: Tennis Great Rod Laver | 6/10/2009 | See Source »

...many of the banks have been able to raise cash and have their stock price continue to rise. J.P. Morgan, for instance, raised $5 billion in May, yet its stock price rose 14% over the course of the month. All told, the 19 stress-tested banks have raised a total $65 billion since the test was completed...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...million Fifth Third had left from its stock offering, and bingo: Stress test passed - over $1.1 billion in new common equity. The problem is the money Fifth Third paid to preferred shareholders to convert to common equity will also end up depleting Tier 1 capital - a measure of total bank resources, not just common equity - by $365 million...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...unaware of the program), including, most infamously, 13-year-old Megumi Yokota, who was abducted on the way home from school in Niigata, on the northwestern Japanese coast. Kim had hoped the admission would help relations with Japan. It didn't. Private groups in Japan have insisted that the total number of abductees was greatly understated. Indeed, the Investigative Commission on Missing Japanese Probably Related to North Korea, a citizens' group working on the missing cases, says it's possible that the number could be much larger - possibly as high as 500. Pyongyang further inflamed the Japanese in 2004 when...

Author: /time Magazine | Title: Jailed U.S. Reporters: Business As Usual for North Korea | 6/8/2009 | See Source »

...Many others were disappointed with Moussavi's performance. "He looked like he was in a total state of shock, like he didn't expect Ahmadinejad to hit so hard," said Ata Hosseinian, 25. "He could barely talk properly, he kept saying chiz" (a Persian equivalent of thing, which is used in the way "you know" is used in colloquial English...

Author: /time Magazine | Title: Iran's Presidential Debate: Will Ahmadinejad's Attacks Backfire? | 6/5/2009 | See Source »

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