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The description isn't wrong. The Obama plans would, if enacted, amount to the biggest changes in financial regulation since the 1930s. But don't let this make you think the Obama reforms even approach in significance and forcefulness the changes made back then. In the early days of the...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

The result is a reform plan that's clearly had a lot of thought put into it, and responds to many of the most obvious failings of our financial regulatory setup, but doesn't really change the way the financial game is played. The Federal Reserve would have more power...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

Maverick chef and cooking-show host Bobby Chinn helped put the city on the culinary map with his eponymous French Quarter fusion restaurant. But when the rent was tripled to $45,000 a month last January, he packed up. The new digs, tel: (84-4) 3719 2460, are cramped, but...

Author: /time Magazine | Title: Go West, Young Chef | 6/17/2009 | See Source »

Faced with troubling signs of a stalling recovery, investors sent the U.S. stock market down sharply on June 15. At the day's close, the Standard & Poor's 500 Index was off 2.4%, with the steepest drops suffered by major banks and commodity producers. Bank of America, the most actively...

Author: /time Magazine | Title: A Stock-Market Pullback: Is the Recovery Stalling? | 6/16/2009 | See Source »

Brad Pitt Was Here. The Resort at Paws Up, on the banks of Montana's Blackfoot River, has a little something for everyone: trail-riding, mountain-biking, river-rafting, birding and, as depicted in Robert Redford's A River Runs through It, fly-fishing (the movie was filmed on the...

Author: /time Magazine | Title: Cowboy Up! Rugged Western Trips for Office Drones | 6/15/2009 | See Source »

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