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...seem to be doing the trick too well either. On Tuesday, July 28, executives from firms such as Citigroup, JPMorgan Chase and Wells Fargo were invited to a meeting at the Treasury Department for a little pep talk about increasing the number of loan modifications. Officials at Treasury, along with the Department of Housing and Urban Development (HUD; co-host of the head-knocking session), have been underwhelmed by the rewrites. The government's original goal was to get more-affordable monthly payments to 3 million to 4 million borrowers. As of mid-July, modification offers had gone...

Author: /time Magazine | Title: Why the Banks Aren't Modifying Home Loans | 7/30/2009 | See Source »

...Many locals, he says, simply need the money, or don't know who will next look after the books. "We are trying to explain to each new generation why these are important," he says, peeling back the pages of one of the tomes. "We tell them to pass them along through the generations. But many young people have no use for them. There are some who will see them as an easy way to make money...

Author: /time Magazine | Title: Lost Treasures of Timbuktu | 7/30/2009 | See Source »

...tell it, Daniel Boyd is one of the most upstanding citizens of Willow Springs, North Carolina. "If he's a terrorist, he's the nicest terrorist I ever met in my life," one resident told reporters after Boyd, a 39-year-old drywall contractor, was arrested on July 27 - along with six others, including his twenty-something sons, Dylan and Zakariya - for allegedly plotting "violent jihad" overseas. According to the indictment, Boyd has spent the past three years stockpiling weapons in his rural home, recruiting and training would-be suicide bombers and orchestrating trips to Gaza, Israel, Jordan and Kosovo...

Author: /time Magazine | Title: Daniel Boyd: A Homegrown Terrorist? | 7/30/2009 | See Source »

...push for better visibility in American political and economic life. Some of the first lobbying came from Eastern Europeans in the 19th century. But the perfection of identity politics in the 20th kicked the conversation to a whole new level - not that there hasn't been some trepidation along the way. Going into the 1970 Census, groups representing people with disabilities tried to keep a question about handicaps off the questionnaire, afraid it would foster stereotypes. Instead, the data that came back helped bolster support for federal programs to help such people, and by the 1980 Census, rights organizations were...

Author: /time Magazine | Title: The Census Games: Groups Gear Up to Be Counted | 7/29/2009 | See Source »

...fast-forward into the 21st century with a tour of Chiaia, Naples' superchic art and fashion district. A wave of contemporary art galleries, such as conceptual space Galleria Fonti, www.galleriafonti.it, have turned this quarter into a magnet for collectors from all over the world. Come nightfall, take a stroll along the palm-lined waterfront before winding up at La Barrique, tel: (39-081) 622 721, a new-wave enoteca with moody lighting and rustic furniture that set it apart from ubiquitous neon-lit pizzeria and nautical-themed fish restaurants...

Author: /time Magazine | Title: How to Do Naples | 7/29/2009 | See Source »

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