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...when the creative use of power has failed.) Power is a combination of factors - military, diplomatic, economic, moral - that give a country the ability to make its way in the world. Gelb believes that most recent Presidents have used power foolishly, squandering it - which is something Barack Obama should bear in mind as he goes forth to meet with the world's leaders in Europe the first week in April. The new President has shown a predilection for diplomacy, a subtle strategic sense of the world. But sometimes you have to throw your weight around - quietly, but firmly - and Gelb...

Author: /time Magazine | Title: Obama on the World Stage: What Power Means | 3/26/2009 | See Source »

Since the first, dramatic interventions into the financial system by the Treasury Department and the Federal Reserve during the collapse of Bear Stearns a year ago, Timothy Geithner has based his approach on one underlying theory. The crisis, the former New York Fed president and now Treasury Secretary believes, is the result of the collapse of a shadow banking system that grew over the past 30 years to rival the traditional banking system in size but lacked all four of the safeguards that had been imposed after repeated collapses of the traditional system in the early part of the 20th...

Author: /time Magazine | Title: Geithner Makes His Pitch for More Regulation | 3/26/2009 | See Source »

Moreover, Kleinhendler believes Chase abruptly pulled its $250 million in August, when, he says, "it learned from Bear Stearns executives that Madoff's investments were phony." JPMorgan Chase acquired Bear Stearns in March 2008. "Bear Stearns had done deals with Madoff. They were on boards together," Kleinhendler says, and therefore, he posits, perhaps executives at Bear knew Madoff's business was fishy and tipped the bank...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

...Twitter message. "R there any twitterers in 5 n diner wit me?" asked THE_REAL_SHAQ. "Say something." So they slid into the booth next to their idol, talked about Twitter and cell phones, and got their photo taken with the man whose hands, they say, "were like bear claws." (See the 25 best blogs...

Author: /time Magazine | Title: Celebrity Twittering: Is That Really You, Shaq? | 3/24/2009 | See Source »

...started. In Jantzen’s first bout, his opponent pulled around him in a takedown attempt as the sophomore’s ankle got caught in the mat. Jantzen had nursed a bad ankle throughout the season and this final twist proved too much for the joint to bear...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: WEB UPDATE: Caputo Named All-American at NCAAs, O'Connor and Jantzen Falter | 3/23/2009 | See Source »

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