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That's one common predicament. A few miles to the east, Bonney pointed out a dusty lot that represented another stage of real estate pain. The bank that financed the purchase of the lot had decided to bite the bullet and take possession of it rather than give the developer a construction loan for a building no one would occupy. There already was a newly constructed - and empty - building across the street. The bank that made the construction loan for that building would soon have to decide whether to "extend and pretend," as the industry saying goes, or take...

Author: /time Magazine | Title: A Slow-Motion Wreck for Commercial Real Estate | 1/18/2010 | See Source »

...dodged a bullet, but just barely...

Author: /time Magazine | Title: Verbatim | 1/18/2010 | See Source »

...allegedly wimpy tactics. Over the years, Watson has come under firearms attack four times, according to his website. In a 2008 Whale Wars episode that some critics have said was faked, Watson is apparently shot in the chest by whalers; viewers watch an assistant remove the remains of a bullet from Watson's Kevlar vest. After Sea Shepherd purchased a small submarine in 1994, the Canadian navy said it would be too dangerous for a civilian to operate. Watson's reply to Canada: "Since World War II, the Sea Shepherd Conservation Society has boarded more ships, rammed more ships, engaged...

Author: /time Magazine | Title: The 'Whale Wars' Heat Up in Antarctic Waters | 1/7/2010 | See Source »

...This was a screwup that could have been disastrous," he said. "We dodged a bullet, but just barely." If it wasn't already clear, the President put the government on notice. It has failed once. It cannot afford to fail again...

Author: /time Magazine | Title: Obama's Terrorism Postmortem: Still Not Connecting the Dots | 1/6/2010 | See Source »

...that has advised Evergreen. He says part of the strategy has been to address growing sectors of the economy, such as health care and energy. To have a major impact on the regional economy, manufacturing has to be brought in, says Alperovitz. "We're thinking about similar approaches with bullet trains and mass-transit vehicles, asking the question, How can some of that production be organized according to this model...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

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