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Early last year, Democratic Congressman Barney Frank of Massachusetts saw the opposing trends and wanted to add an extra $30 million to the kitty, while Sen. Jack Reed, a Rhode Island Democrat, and other Senators wanted to ante up another $50 million. This year, the House approved an SEC budget...

Author: /time Magazine | Title: Can Mary Schapiro Revitalize the SEC? | 1/27/2009 | See Source »

Back in the Stone Age of the big-budget wedding movie, audiences weren't so jaded. They could be content with a single ceremony and Julia Roberts' smile. But that's no longer enough. Last year Sarah Jessica Parker had two weddings and modeled at least half a dozen wedding...

Author: /time Magazine | Title: Bride Wars: One Bride Too Many | 1/8/2009 | See Source »

This is, after all, what Congress decreed in 1980 for producers of actual toxic waste. Under the Superfund law enacted that year, polluters pay for the messes they make. Environmental lawyer E. Michael Thomas sees no reason lawmakers couldn't demand the same of financial polluters and force them to...

Author: /time Magazine | Title: Economy Cleanup: Clawback to the Future | 1/8/2009 | See Source »

Thankfully, China is unlikely to go there. For years, its economic policymaking élites have been sober-minded and effective. U.S. officials privately believe that their Chinese counterparts know there is no going back on the currency. Perhaps the more pressing topic of discussion at the meeting this week was...

Author: /time Magazine | Title: Paulson in China: The Monster Under the Bed | 12/5/2008 | See Source »

After months of anti-government protests in Bangkok, the opposition alliance dramatically upped the ante earlier this week when they launched incursions into key Bangkok buildings. The protesters are demanding that Somchai resign and dissolve parliament. Their goal is to prevent Somchai's ruling People Power Party from rewriting the...

Author: /time Magazine | Title: Thai Protestors Close Second Airport In Standoff | 11/27/2008 | See Source »

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