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...Hall, managing director of 2953 Analytics in Birmingham, Mich., says, "Short term, Hummer has some serious problems but they are solvable." Hummer's future, though, is probably in overseas markets such as Brazil, China, Russia, South Africa and other emerging markets where conspicuous consumption isn't going out of style, he says...

Author: /time Magazine | Title: Could Hummer Be Headed for the Heap? | 9/28/2009 | See Source »

...appetite for risk to be curtailed. But bigger issues are at stake too, ones that are more political and philosophical in nature: Should any bank be too big to fail? What should be done with financial activities that seem purely speculative and of questionable social use? How can the short-term, get-rich-quick mentality that drove so much market activity before the crash - and inflated those bonuses - be curbed? Is there a place for morality in the world of finance? (See the financial crisis after one year...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

...world into crisis. Bonuses are just one aspect of the larger issue of moral hazard that has been raised over the past year, as governments and central banks have spent tens of billions of dollars of taxpayers' money to rescue financial institutions whose recklessness in the name of short-term profiteering is at the root of the trouble. For all the recent signs of improvement, the financial situation is still far from normal. Some huge financial institutions, from AIG to Royal Bank of Scotland, remain on government life support. Jürgen Stark, a board member of the European Central...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

...After a short rush by rookie Treavor Scales, Winters completed a 38-yard pass to junior wide receiver Chris Lorditch, who ran out of bounds at the 50-yard line. Winters scrambled for another 20 yards on the following two plays, then aired it out again, this time to senior wide receiver Matt Luft. Though Luft was unable to come down with the ball, a pass interference call on Brown’s AJ Cruz put the ball on the Brown 15. The drive finished with a designed quarterback run out of the shotgun formation, which Winters punched in from...

Author: By Martin Kessler, CONTRIBUTING WRITER | Title: Lights Out | 9/28/2009 | See Source »

...halftime deficit. On the Crimson’s second drive after halftime, Winters led Harvard with both his arm and his feet on a 92-yard drive that culminated in a three-yard touchdown run from Winters, giving Harvard a 17-14 lead it would not relinquish. After a short rush by rookie Treavor Scales, Winters completed a 38-yard pass to junior wide receiver Chris Lorditch, who ran out of bounds at the 50-yard line. Winters scrambled...

Author: By Martin Kessler | Title: Lights Out | 9/26/2009 | See Source »

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