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...other asset-backed securities that were once AAA-rated but have since been downgraded. Those toxic assets will be sold, Treasury hopes, by at least five still untested public-private investment funds that will be created through open bidding among investment banks. Those assets, according to TIME's calculations, amount to about $37 billion on banks' books...

Author: /time Magazine | Title: Geithner's Bank Plan: Only a Partial Solution | 3/25/2009 | See Source »

...received financial assistance from the government bailout. These bonuses continue to receive enormous coverage in the media, inflaming the passions of voters and politicians alike. Informed by this sentiment, a New York Times/CBS Poll conducted in February found that "83 percent of respondents said the government should cap the amount of compensation earned by executives of companies that are getting federal assistance...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...large-scale solar is needed, and soon. "There is certainly a good place for distributed generation, but to ensure the reliability of the grid, you do need large-scale power generation," she says, explaining that solar thermal is the most efficient renewable energy source available in terms of the amount of land used...

Author: /time Magazine | Title: Solar Power: Eco-Friendly or Environmental Blight? | 3/24/2009 | See Source »

...sentiments are echoed by advocates who are working to clean up the system. "We are closing Guantánamo, [but] we need an equal amount of attention to the abuses of restraints and excessive use of isolation in the facilities where our nation's children are being held," says Mark Soler, executive director of the Center for Children's Law and Policy, who has spent 30 years litigating against such abuses. Soler argues that only the most violent juvenile offenders really need to be detained - roughly 5% of the more than 90,000 who are currently institutionalized in juvenile correctional...

Author: /time Magazine | Title: Getting the Juvenile-Justice System to Grow Up | 3/24/2009 | See Source »

...crime, but it has not been possible to determine which one." Identical twins share 99.99% of their genetic information, and the tiny differences are impossible to isolate because of their nature; they tend to be spontaneous mutations limited to certain organs or tissues. "Identifying those [differences] would amount to dissecting the suspects," says Peter M. Schneider, a University of Cologne forensic expert. "Our hands are tied in a case like this," says criminal-law expert Hans-Ullrich Paeffgen of Bonn University. "The law doesn't allow us to detain someone indefinitely just because he is suspected of a crime. This...

Author: /time Magazine | Title: Despite DNA Evidence, Twins Charged in Heist Go Free | 3/23/2009 | See Source »

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