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The G-20 plan to resuscitate the global economy has been well-received. American banks are being helped by government financing and new accounting rules that let them cook their books without being called to task by their auditors. Bank stocks have done well and the news about the sector...

Author: /time Magazine | Title: Can the Weak Stocks Catch Up Now? | 4/3/2009 | See Source »

For African Americans in 1950s Chicago, buying a house was nearly impossible. Federal mortgage insurance didn't cover homes in integrated neighborhoods, making getting a loan difficult; in black neighborhoods, predatory sellers jacked up prices and forced buyers to pay outrageous monthly fees or face eviction. The resulting financial strains...

Author: /time Magazine | Title: The Skimmer | 4/2/2009 | See Source »

“We’re not like other people,” Claire Stenwick (Julia Roberts) tearfully announces to Ray Koval (Clive Owen). “Only you could understand me.” No, these characters aren’t supernatural or extra-terrestrial; they?...

Author: By Lauren S. Packard, CONTRIBUTING WRITER | Title: Duplicity | 4/2/2009 | See Source »

Bastien Baron, 28, client-relations manager First, I'd take a long walk from the Ile de la Cité along the banks of the Seine all the way to the Musée d'Orsay, one of our most beautiful museums. At midday, try the authentic Japanese restaurants on...

Author: /time Magazine | Title: A Perfect Day in ... Paris | 4/2/2009 | See Source »

The other key set of decisions concerns financial regulation and corporate behavior in a wider sense, an area that had been pushed by France and Germany but long resisted by some others. Under the deal, hedge funds and other financial-market players will be subject to far greater - and properly...

Author: /time Magazine | Title: How the G-20 Succeeded — And Why It Matters | 4/2/2009 | See Source »

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