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...worst is far from over. The FDIC says 416 banks are at risk of failure, up from 117 a year ago. Soured commercial real estate loans alone may generate a fresh $600 billion in losses by 2013. Veteran bank analyst Gerard Cassidy of RBC Capital Markets expects as many as 1,000 lenders to go bust in total...

Author: /time Magazine | Title: Spotlight: Bank Failures | 10/26/2009 | See Source »

...AHIP report was the kind of one-sided study that lobbyists sometimes commission to create scary sound bites. It worked. The report analyzed the impact of four narrow features of the Senate Finance bill using a worst-case-scenario model; it concluded, as Ignagni says, that "health care costs [would] increase far faster and higher than they would under the current system." A fairer reading of the bill, which cleared the Finance Committee on Oct. 13 with a 14-9 vote, with one Republican supporter, suggests these projected costs are wildly exaggerated. Other provisions of the bill are aimed...

Author: /time Magazine | Title: Health-Care Grudge Match! | 10/26/2009 | See Source »

Playing in a light drizzle before a crowd sporting as much orange as crimson, No. 4 Princeton handed the home team its worst loss of the season...

Author: By Martin Kessler, CONTRIBUTING WRITER | Title: No. 4 Princeton Hands Crimson Shutout Loss | 10/26/2009 | See Source »

...runoff will make the government less legitimate," he reasons. Even if Karzai wins, it doesn't mean that most of the population voted for him, he says. "The best scenario is that the people of this country have confidence and vote in a free and fair election. The worst case is that Pashtun areas will not participate in large numbers, and this will provoke ethnic strife." With their most recent announcement, it seems that the Taliban are already counting on that outcome...

Author: /time Magazine | Title: The Afghan Runoff: Will It Be a No-Show Election? | 10/26/2009 | See Source »

...communities in and around Manila a month after tropical storm Ketsana hit the Philippines' capital. "I saw the warnings on TV," says the lanky 19-year-old, watching pedestrians wade through the knee-high water covering part of a road in the capital's Pasig district, one of the worst flood-hit areas...

Author: /time Magazine | Title: Manila, After the Floods, Battles 'Rat Fever' | 10/26/2009 | See Source »

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