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...Toyota has played a long waiting game. It played well. It made better cars than U.S. companies. It kept labor costs low. It built a reputation for durable and dependable products. The Japanese car company is being hurt by the global car sales downturn, but it never had the labor cost or corporate debt problems that plagued GM. It has the balance sheet to make it through the crisis. Maybe Toyota has been lucky for decades or maybe Toyota was just smart. (Vote for the 2009 TIME 100 Finalists...

Author: /time Magazine | Title: Why Toyota Can Finally Take Over the U.S. Car Market | 3/31/2009 | See Source »

...Treasury Department's program to buy toxic loans could cost banks as much as $210 billion. That's the losses the financial firms will book from selling poorly performing loans as part of the government's recently announced Public-Private Investment Plan. What's more, if a recently proposed accounting rule change is not made, PPIP's bottom line effect on the banks could be more than triple that...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

...largely overlooked is what the bailout would really cost the banks. Yes, banks would get cash for loans they can't sell without government assistance. But these same banks would also be forced to book a large accounting loss on the sale of the loans, further eroding common equity-a key measure watched by stockholders...

Author: /time Magazine | Title: Geithner's Toxic-Loan Plan Could Be Toxic for Banks | 3/31/2009 | See Source »

...would not meet with universal approval, especially since students are not the only customers to whom these restaurants cater. Restaurateurs argue that such a policy would be unfair and harm the local economy by pushing out profitable business. Lawmakers, however, must adopt a longer-term view. In 2000, the cost of treating diseases resulting from obesity—measured in insurance costs, Medicare, and Medicaid—came to the grand sum of $117 billion. These are costs that come back to affect all Americans in the form of rising insurance premiums and a struggling health-care system...

Author: By Bilal A. Siddiqui | Title: No More Fries With That | 3/30/2009 | See Source »

...increases. People's houses get foreclosed and they have to rent somewhere and the landlord doesn't take pets - well, they don't have a choice anymore. Similarly, at vet hospitals when the vet says, "Listen we can do this procedure that might save your animal but it will cost $8,000." More people are saying, "Well I don't have $8,000." But for people who do still have a choice, you're seeing a willingness to scrimp and save for themselves before they demote their animals. Over the last generation a lot of people have promoted their pets...

Author: /time Magazine | Title: Do We Love Our Dogs More than People? | 3/30/2009 | See Source »

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