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...even give bank stocks a boost. As news of the results has trickled out in recent days, bank stocks have indeed shot higher as investor fear has subsided. But longer term a big issue remains: Investors need to know just what the government's stakes in these banks are worth since that directly affects what the investors' stake is worth. The government says the future stakes it takes in the banks will not be common equity, but preferred stock that is convertible into common equity - though it may or may not be converted. (Read about the top 10 bankruptcies...

Author: /time Magazine | Title: The Bank Stress Tests: A $75 Billion Mid-Term Exam | 5/7/2009 | See Source »

...useful this [surveillance] is, no one knows for sure," says Dr. Douglas Owens, professor of medicine at Stanford University. "None of these types of methods has been used under these circumstances directly. But they are certainly worth evaluating...

Author: /time Magazine | Title: Is Google Any Help in Tracking an Epidemic? | 5/6/2009 | See Source »

...turbaned Pavarotti with a deep voice burnished by years of cigarettes, he put one hand on his heart and, with the other raised in a beseeching manner, chastised his enemies. "Once, we stood side by side fighting for our country/ Leave me some pride in those memories/ Your worth is more than in killing yourself/ You slaughter your brother while calling out God's name/ Come rebuild Afghanistan with me instead." Sherzai chuckled when I asked if this was his campaign slogan. "Do you think it will work?" he asked. Maybe it wouldn't have. But at least it would...

Author: /time Magazine | Title: With a Rival's Withdrawal, Karzai's Path to Re-Election Eased | 5/6/2009 | See Source »

...military conflict—but certainly not everyday social conflict or even paramilitary conflict—descends into stasis, it is worth meditating upon what the war has been worth. Amidst all the rhetoric of doubts and redoubts, one practical concern should worry President Rajapaksa in particular: What are the chances of a legitimized nation-state if an entire ethnic group feels that it has, for the last 25 years, been a target for elimination or, as the more impassioned critics claim, genocide...

Author: By Raúl A. Carrillo | Title: The Means of the End | 5/5/2009 | See Source »

...royals steer clear of politics. But the Queen's eldest son has long stretched definitions with his passionate advocacy for environmental causes. He has recently helped garner international support around the idea of a rain-forest bond, a method of interim funding designed to ensure that trees are worth more alive than dead until carbon-trading schemes really take off. He has privately lobbied leaders from Brazilian President Luiz Inácio Lula da Silva and Italian Prime Minister Silvio Berlusconi to the Pope on the issue. That sounds, well, quite political. "His great strength is to be a convener...

Author: /time Magazine | Title: Prince Charles Goes Viral to Save the Rain Forests | 5/5/2009 | See Source »

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