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Dates: during 2000-2009
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On March 27, the consortium of banks approved the loan by the narrowest of margins - 50.43%. It proved to be the first step in putting CityCenter back in business. Had it gone under, Murren says, it's "very possible" MGM Mirage would have been brought down too. And the financially...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

But no one is expecting a fast turnaround. Indeed, as Aria is opening, the venerable Binion's Gambling Hall downtown has shut down, and the Sahara just announced plans to temporarily close rooms in two of its three towers. One of the early selling points of CityCenter was that a...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

The destructive effects of reiderstvo have not escaped the attention of top officials. Medvedev has called the practice "shameful" and expressed support for measures aimed at easing prosecution of such crimes. "The seizure schemes are conducted very professionally, that is a fact," he told Russian senators on Nov. 5. "Sometimes...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

If that immunity is lifted, Zardari is unlikely to go quietly. His aides stress that he will face any charges brought against him. But since assuming the presidency, Zardari has been repeatedly drawn into political fights in which he has been forced to retreat under pressure from the opposition, the...

Author: /time Magazine | Title: New Zardari Corruption Charges: Bad News for U.S. | 12/18/2009 | See Source »

There are also questions about how the nature of Beltrán Leyva's end will affect the drug war. Back in the 1980s and '90s, key Mexican kingpins were arrested peacefully by police officers. However, amid the militarization of the conflict under Calderón, the armed forces conduct...

Author: /time Magazine | Title: Mexico Takes Down a Drug Lord. But Will It Make Any Difference? | 12/18/2009 | See Source »

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