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Early in Yu Hua's novel Brothers, young Baldy Li sticks his head into a hole in a public toilet and hovers inches above the putrid waste below, all for a glimpse of naked female bottoms on the far side of the partition. For the next 600-plus pages of this satire of modern China, the reader is suspended in similar fashion - curious but teetering dangerously close to the muck...

Author: /time Magazine | Title: Oh Brother | 2/26/2009 | See Source »

...seven-plus years that the crime has languished unsolved, the 2001 murder of Chandra Levy, a 24-year-old intern in the Federal Bureau of Prisons, has become Washington, D.C.'s best-known cold case. But the trail heated up this week, with Levy's parents and law enforcement sources indicating an arrest was imminent. The likely suspect: Ingmar Guandique, a 27-year-old Salvadoran immigrant currently serving time for assaulting two women in the spring and summer of 2001 in the same park where Levy's remains were found. Guandique had also been implicated in the murder...

Author: /time Magazine | Title: The Chandra Levy Case | 2/25/2009 | See Source »

...shore up the bank's finances. The advantages for Citi are that it wouldn't have to pay dividends on the common stock, and certain capital ratios would improve. In return, the government would get more of an upside if Citi were to return to health, plus effective control of the company. Whether the government's stake would rise to the 100% that many economists recommend - completely wiping out existing shareholders - is questionable. But Citi does seem inexorably headed for the same ward-of-the-state status currently occupied by insurer AIG and mortgage giants Fannie Mae and Freddie...

Author: /time Magazine | Title: The Beleaguered Banks Get Ready for Their Big Test | 2/24/2009 | See Source »

...plummeted from 3,000 to as low as 56, with just 161 students registered this semester. The school faces foreclosure on a building that is home to classrooms and an art gallery. And in a brand-new lawsuit, filed last week, General Electric Capital Corp. is seeking $382,000 plus legal fees for alleged missed payments on office equipment...

Author: /time Magazine | Title: Sparing a Dime to Save a College | 2/24/2009 | See Source »

...million people live here, as they must. Maybe the numbers speak for themselves. On Feb. 19, 2008, Iraqi Body Count, one of the several contentious projects to record violent civilian deaths, reported 37 dead. On the same date a year later, as I arrived, it reported 9 dead, plus 17 bodies discovered in a mass grave for a total of 26. Amid whatever change has come, or is coming, these were the numbered dead...

Author: /time Magazine | Title: New in Town: How Baghdad Has Changed | 2/24/2009 | See Source »

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