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...lost for business," grumbled a top Russian banker on Wednesday. His sentiment may have been shared, at the end of the day, by Russian oligarch Roman Abramovich, whose London-based soccer team Chelsea was beaten 6-5 on penalty kicks by Manchester United in the European Champion's League final played in the Russian capital. But the banker's complaint was simply that he had no way to move around the Moscow to keep appointments, given the traffic restrictions all over the city to allow smooth passage for the 970 special buses whisking Chelsea and United fans, separately, from airports...

Author: /time Magazine | Title: When the Oligarch's Gladiators Choked | 5/21/2008 | See Source »

...Problem of Appearance McCain's trouble with influence-peddling dates to 1987, when he found himself ensnared in the Keating Five scandal. He had met with federal regulators on behalf of banker Charles Keating Jr., a wealthy fund raiser and friend who had flown the McCain family on private jets to vacations in the Bahamas. A Senate ethics panel found that McCain had exercised "poor judgment" but had broken no rules. The honor-bound Senator was nonetheless rattled. "Appearance in politics," McCain said years later, "is reality...

Author: /time Magazine | Title: Putting McCain to the Ethics Test | 3/27/2008 | See Source »

...even have to get your facts straight! 8) Future billionaires—Got an idea for the next Facebook or Microsoft? Come to Harvard! (At least for a year or two). 9) Future Unabombers—Harvard promotes diversity; not everyone can be a handsome i-banker-in-training. 10) Folklore and Mythology concentrators—There’s a huge demand for Roman mythology experts in today’s job market. If you still don’t see your personality type on our comprehensive list, don’t fret—we hear there...

Author: By Samantha F. Drago, CONTRIBUTING WRITER | Title: The 10 Best Ways to GetIntoHarvard.net, Guaranteed! | 3/12/2008 | See Source »

...lawmaker Masaharu Nakagawa, the DPJ's finance spokesman and a member of the lower house budget committee, says his party is not about to roll over. Nakagawa says he favors a central banker who has shown leadership, not someone who consistently engages in "consensus making." Muto is scheduled to be questioned in parliament on March 11. The clock is ticking...

Author: /time Magazine | Title: Muto to Head Japan's Central Bank? | 3/7/2008 | See Source »

Over the past few months, we have heard banker after Wall Streeter after mortgage lender declare that market conditions are the worst since they got into the business. Some go even further. "The worst market crisis in 60 years," pronounced investor George Soros. "The worst financial crisis since 1931," declared a top German regulator. "We have not seen a nationwide decline in housing like this since the Great Depression," said the CEO of Wells Fargo...

Author: /time Magazine | Title: Visa Charges On | 2/29/2008 | See Source »

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