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...York City - based private-equity firm, just before the bottom fell out of U.S. debt and equity markets. That deal was followed by a $5 billion purchase of a 9.9% stake in Morgan Stanley, then in the early throes of the credit crisis. Morgan Stanley's share price has since fallen by more than half...

Author: /time Magazine | Title: Buying Binge | 3/5/2009 | See Source »

...movie also has more than its share of long, clumsy scrawls. The budding romance between Dan and Laurie is tepidly drawn and wanly performed; those who've seen 300 know Snyder is in no way an actor's director. (The two self-starters are Haley, who does right by his grizzled role, and Morgan, a Robert Downey Jr. knockoff who chews the scenery and his stogie with equal aplomb.) And while the climax is unusual in a comic-book movie--bad guy does very bad thing, then escapes his comeuppance by persuading folks that what he's done is really...

Author: /time Magazine | Title: Watchmen: Hero Worship | 3/5/2009 | See Source »

...selecting a house t-shirt...few activities can so effectively divide a House while trying to bring it together. It's nearly the peak of shirt season, so we would like to share our picks of the winners and losers...

Author: By Maxwell L. Child | Title: The House T-shirt Awards | 3/4/2009 | See Source »

...Johns Hopkins University estimated that more than 100,000 women were killed by fires in a single year - more than six times the number reported by police. The study also found that young women were three times as likely to be killed by fires than male peers. "These deaths share common causes," the authors write, "including kitchen accidents, self-immolation, and different forms of domestic abuse." But because no national database exists to track such injuries or fatalities, the public-health risk has largely gone unnoticed. (See pictures from the deadly attacks on Sri Lankan cricketers...

Author: /time Magazine | Title: Why Indian Fires Are Deadlier for Women | 3/4/2009 | See Source »

...Take Allied Irish Banks. The country's biggest lender revealed this week that its pretax profit dropped 62% in 2008. The bank's share price slid 90% last year. In any other country, worried customers would already be queuing to withdraw all their money. But so far Ireland has avoided a run on its banks, thanks largely to the government's decision in October to guarantee deposits in six Irish banks, as well as those in five foreign institutions, for two years. The Irish guarantee was heralded in some quarters as a model solution for restoring confidence, with several...

Author: /time Magazine | Title: As Ireland Melts Down, Voter Anger Rises | 3/4/2009 | See Source »

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