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...some of its major banks after real estate and stock-market bubbles burst. The government says it currently plans to take a localized approach to intervention to make sure weaknesses it sees chiefly in regional banks don't develop into a systemic infection. Japan's regional banks don't appear to be facing an immediate crisis, say economists, but the government wants to be prepared. "It's a safety net for smaller institutions," says Takahide Kiuchi, chief economist at Nomura Securities...

Author: /time Magazine | Title: Japan Moves to Protect its Financial System | 10/16/2008 | See Source »

...Gordon Smith of Oregon and Norm Coleman of Minnesota--trail their Democratic challengers in the most recent polls. Mississippi's contest between Republican incumbent Roger Wicker and Democratic former governor Ronnie Musgrove is too close to call. And there are two other states--Virginia and New Mexico--where Democrats appear certain to win seats being vacated by retiring Republicans...

Author: /time Magazine | Title: The Democrats Drive for 60 in the Senate | 10/16/2008 | See Source »

That policy would appear to have the support of Obama--who has said that as President, he would meet "with anyone at the time and place of my choosing"--though not of McCain, who cites Petraeus as an ally every day on the campaign trail but whose running mate, Sarah Palin, has called negotiating with rogue regimes "beyond naive...

Author: /time Magazine | Title: The Moment | 10/16/2008 | See Source »

...between them for a community. And this, more than the absence of people and their technologies and the the sun that lights their world, is what disturbed me. This piece is a collage of houses. These houses are no longer just magazine photos on a page, as those that appear in her studies for “Place (Village),” which are also featured in the Whiteread exhibit. Instead, they are physical structures, and perhaps should not be cut so easily from their context, stripped of their contents, and placed together in a museum. And although...

Author: By Elsa S. Kim, CRIMSON STAFF WRITER | Title: Lights Are On But No One's Home | 10/16/2008 | See Source »

...more complex with an understanding of the rules of Greek drama that those playwrights emulated—or conspicuously shunned. In Dante or Dryden or Tennyson, one can sense the palpable presence of Vergil. To disembody literature from the larger tradition of which the authors were knowingly partaking would appear an artificial and arbitrary extraction.Most importantly, perhaps, we owe our understanding of philosophy to the Greeks who developed it and the Latins who preserved it for us somewhat intact. The metaphysics and natural science first discoursed upon in Plato’s Academy and Aristotles’s Lyceum laid...

Author: By Christopher B. Lacaria | Title: Et Tu, Brute? | 10/15/2008 | See Source »

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