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Dates: during 2010-2019
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...halt these abuses Democratic Senator Carl Levin has reintroduced a bill he co-sponsored last year, with then Senator Barack Obama, that makes a seemingly simple new demand - that states add a single additional question to their incorporation application: Who are the beneficial owners? (Foreigners would also have to provide a copy of a passport-page photo.) The intent is to introduce the same standard - know thy customer - banks have had for years...

Author: /time Magazine | Title: Why U.S. Law Helps Shield Global Criminality | 2/2/2010 | See Source »

...falling down," says Eric Grémont, co-founder of the Paris-based Politico-Economic Observatory of Capitalistic Structures. To avoid this, he and Touati both say that states must freeze their spending at current levels to speed up a return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs - all the things that tend to weigh economies down in good times. Why? Because they say the only way big-spending nations can avoid implementing drastic debt-reduction measures is by prompting massive GDP growth - something...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

...cked up.” The doctor, upon breaking the news, easily rattles off a list of other famous and brilliant people who also suffered from a combination of alcohol and mental disorders, including Ernest Hemingway, Sylvia Plath, Cole Porter, Yves St. Laurent, and Vivien Leigh. Add these names to a more general list of brilliant people with mental disorders, including Winston Churchill, Virginia Woolf, Ludwig van Beethoven, and Isaac Newton, and one starts to get the sense that one has to be insane in order to truly accomplish anything great...

Author: By Maya E. Shwayder | Title: Mental Floss | 2/2/2010 | See Source »

...captain had the opportunity to add some flair on her final field goal of the night, using a hesitation move to get move to get past Cornell’s defenders. Her last two baskets were free throws...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Crimson Excels in Second Half To Clinch Unbeaten Weekend | 2/1/2010 | See Source »

Even so, Bishop says, the plan makes sense. According to estimates from the Economic Policy Institute, which Bishop worked with to produce his own job-creation tax-credit program, a 15% tax break for new hires, which is more generous than what Obama is proposing, would lead companies to add 2.8 million more workers this year than they would have without the tax break. The EPI says that plan could cost as much as $37 billion, or about $26,000 per stimulated hire...

Author: /time Magazine | Title: Obama's Job-Creation Tax Credit: Will It Work? | 1/29/2010 | See Source »

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