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...recent note to clients, analyst David Hendler of research firm CreditSights wrote, "Net-net, we believe that the announced actions are considerably dilutive to the company's shareholders, yet they could put to rest the dire perception that many investors had about Fifth Third, at least...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...huge government spending binge in China that has had companies here frantically restocking their supplies of copper, iron ore and other commodities used in industrial production. "The biggest driver of discontent [with the Chinalco deal] among Rio shareholders," says Grant Craighead, managing director of Australia-based independent research group Stock Resource, "was that the deal was being struck close to the low point in the current financial crisis. Over recent months the market decided that the worst of the crisis was over, and life's likely to get better. The Chinalco deal went from looking like...

Author: /time Magazine | Title: Another Deal Blown, Where Will China Invest Now? | 6/7/2009 | See Source »

...none of that changes the long-term reality of how indebted Americans are a structural issue that will require more than a couple of months to return to historic normalcy. A recent research note by economists at the Federal Reserve Bank of San Francisco points out that the ratio of household debt to personal disposable income a measure of how "leveraged" individuals are has barely budged from its 2007 high of 133%. In 1960, that ratio was 55% in 1960 and in the mid-1980s...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...African-American leader in a synagogue might have been about as likely as an African American in the White House. But Stanton's ascendancy reflects the slowly changing face of America's Jews. According to Diane Tobin, a demographer with the San Francisco-based Institute for Jewish and Community Research (IJCR), some 20% of American Jewry is now non-Caucasian. While there is no data specifically on black Jews, "a large percentage [of nonwhite Jews] are African American," Tobin says. "Most arrive via conversion, adoption or mixed Jewish-black marriages," she adds, "and are far from Judaism's fringes...

Author: /time Magazine | Title: Introducing America's First Black, Female Rabbi | 6/6/2009 | See Source »

...defensible in international law - the idea that the world's worst humanitarian disaster continues to unfold within sight of its most international military force. "Somehow the rights of ordinary Somalis seem not to count in the international system," says Alex de Waal, program director at the Social Science Research Council in New York. "The Somali issue is framed entirely in terms of other political agendas...

Author: /time Magazine | Title: Somalia's Crisis: Not Piracy, but Its People's Plight | 6/5/2009 | See Source »

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