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...Somalia Dangerous Plunder Pirates patrolling Somalia's lawless waters hijacked a freighter carrying tanks and high-grade weaponry and demanded $20 million for its return. As U.S. warships surrounded the vessel--the 26th seized off the Somali coast this year--a pirate spokesman vowed the group would withstand the siege...

Author: /time Magazine | Title: The World | 10/2/2008 | See Source »

...company financed more than 40% of trailer homes, many with mortgages for people with bad credit. In 1998, Green Tree was bought by Conseco for a hefty $7.6 billion; by 2002, Conseco had declared bankruptcy. "Green Tree was a house of cards, built on financial engineering that could not withstand the test of time," write the authors. It was the third largest bankruptcy in U.S. history at the time--one that now looks puny by comparison with today's debacles...

Author: /time Magazine | Title: Business Books | 10/2/2008 | See Source »

...opener. The Quakers looked strong in their first Ivy game as defending conference champions, out shooting Harvard 12-4 and tallying a staggering seven corners compared with just two for the Crimson. This has been an ongoing struggle for the Crimson—its strong defense cannot withstand the opponent’s ongoing barrage while the offense is failing to control in the attacking third. “We definitely have to work on the attacking third,” Crimson coach Ray Leone said. “We need to work on that, we’re struggling...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Unbeaten Streak Ends in Philly | 9/28/2008 | See Source »

...long run, however, the rational conclusion is simple. Just like in the past, the U.S. government remains unwilling to withstand a downturn in house prices. As every investor knows, past performance is no guarantee of future performance; yet past performance does remain a powerful market sign. Regardless of the tragic fate of Lehman Brothers, this seems like a perfect time for foreign investors to get some exposure to U.S. real estate. For if something were to go wrong, history suggests some sort of bailout will protect them, and none other than the American taxpayer will foot the bill. Despite...

Author: By Pierpaolo Barbieri | Title: The Bubble Doom | 9/21/2008 | See Source »

...eager to go home, but he wants her to stay. "We know you'll have food and water and someone to take care of you here," he said. After Tropical Storm Allison flooded generators in 2001, the Med Center redesigned its emergency operations, so they're confident they can withstand...

Author: /time Magazine | Title: Houston Waits for Hurricane Ike | 9/12/2008 | See Source »

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