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...more regulations, please. That was the message from top executives at four of the nation's largest financial firms on Wednesday, spoken to a commission set up by an act of Congress to investigate the causes of last year's credit crunch. But more than a year after poor lending standards, unregulated products and bonus bonanzas helped spark the worst recession since the Great Depression, many say that reining in Wall Street is the only way to prevent another financial crisis. (Read "Hearings to Begin on Causes of Financial Crisis...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

...glories of ancient dynasties and Emperors. For Hanoi, the matter has become especially sensitive as an array of dissidents - from Buddhist monks to activists protesting bauxite-mining - have taken up the cause of the archipelagoes, accusing the ruling Communist Party of selling out to China with every act of acquiescence. "The Vietnamese leadership is burning a candle on both ends," says Thayer. "They have to balance the reality of the situation against rising national sentiment and hope they don't get burned...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...reward offered by Johnson & Johnson for finding the culprit was never claimed. At the time, Lewis became associated with the case because he wrote a letter demanding $1 million from Johnson & Johnson to stop the killings. He spent over a decade behind bars for this act of extortion, but he was never tried or convicted for the actual murders. That may soon change...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: The Man Behind the Tylenol Cyanide Murders Might Be Living in Cambridge | 1/13/2010 | See Source »

...declared it will take the island back by force should its leaders seek formal independence, and the U.S. has long hinted it would come to Taiwan's defense if war broke out. The sale of defensive weapons by the U.S. to Taiwan is required under the 1979 Taiwan Relations Act passed by Congress...

Author: /time Magazine | Title: China's Missile Test: A Symbolic Warning to U.S. | 1/13/2010 | See Source »

...this year's election security is under particularly intense scrutiny here and abroad after rivalry over a gubernatorial post between two Muslim clans triggered the massacre of 57 civilians, including 30 journalists, in Maguindanao province on the volatile southern island of Mindanao in November. While this was an extreme act of political violence, six candidates running for posts in other local governments have already been murdered since Jan. 1, according to press reports. In a Tuesday night police raid to uncover the weapons cache of a private armed group in Cavite province on the island of Luzon, four police officers...

Author: /time Magazine | Title: Philippines Gun Ban Kicks Off Amid Campaign Violence | 1/13/2010 | See Source »

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