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...built this from the ground up using our best silicon technology, designed for cost and power, and to give us decent margins at these low price points. So that whole trend has been great for us, and I don't see it abating, particularly if we have a difficult economy next year...

Author: /time Magazine | Title: Intel Chief: Why Tech Will Survive Crunch | 11/5/2008 | See Source »

...Merrill Lynch's top risk managers warned his boss that a decision to wager $3 billion on indexes of mortgage-related securities was too risky. The firm made the bet anyway; three months later, the risk manager left. "The psychology during a boom makes it very difficult to come up with large stress scenarios and get management to consider them to be credible," says Ed Hida, a partner in Deloitte & Touche's risk- and capital-management practice...

Author: /time Magazine | Title: Reassessing Risk | 11/5/2008 | See Source »

...firm," says James Wiener, head of the finance and risk practice at the consultancy Oliver Wyman. Employees at Lehman Brothers and Bear Stearns owned some 30% of their companies. At the end of the day, that didn't matter. Because altering a foundational element of an industry is difficult...

Author: /time Magazine | Title: Reassessing Risk | 11/5/2008 | See Source »

Then she'll have to wait out the two years she still has left as Alaska governor. And they could be difficult ones. Her aggressive posture toward the state legislature's Troopergate investigation and her emergence as a GOP leader have frayed relationships crucial to Palin's success. Her major accomplishments in Alaska - laying the groundwork for a natural-gas pipeline, reforming oil taxes - relied on support from Democratic lawmakers, who will now be less inclined to cross the aisle...

Author: /time Magazine | Title: How Far Will Sarah Palin Go? | 11/5/2008 | See Source »

GREAT BRITAIN Drop in currency value since a year ago: 23% Admittedly, it's difficult to put England on any kind of budget-travel list, given that a brief, one-way trip on the 145-year-old London Underground will still run you more than $6. But compared with a year ago, when you needed more than $2 to buy a single coin with the Queen of England's face on it, Britain has gotten considerably cheaper - relatively. Book a spin on a "champagne flight" on the London Eye - the giant Ferris wheel (and millennial white elephant) on the banks...

Author: /time Magazine | Title: 5 Best Places to Travel in a Recession | 11/4/2008 | See Source »

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