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...swipe by the Northern League attempts some kind of holiday spirit. The league-led city council in Coccaglio, a small town east of Milan, has launched a two-month sweep - from Oct. 25 to Dec. 25 - to ferret out foreigners without proper residency permits. It has been dubbed Natale Bianco, or "White Christmas." (See portraits of Italians in America...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

...city council office is responding to requests for interviews with a press release denying any racist intent, noting that the Natale Bianco moniker was not an official public designation. The impromptu local census "was born to know the real number of foreign-born citizens present in Coccaglio so as to better manage the economic resources destined for integration projects." Local officials say the measure follows a national policy set forth by Italy's Interior Minister, Roberto Maroni, a member of the Northern League, to give local administrators more authority in monitoring the residency status of foreigners...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

...Ristorante Al Cavallino Bianco: This character property, tel: (39-52) 496 136, lies between Modena and Milan. Chef Massimo Spigaroli's ricotta-and-bitter-greens tortelli are a must...

Author: /time Magazine | Title: When In Emilia-Romagna | 4/16/2009 | See Source »

...complaining that banks and other investment firms - many of which are recipients of federal aid - may be taking advantage of the taxpayer bailout of AIG to boost their profits. "It seems very possible that the banks are forcing AIG to unwind its contracts at a premium," says James Bianco, who runs a financial-markets research firm in Chicago...

Author: /time Magazine | Title: Have AIG's Trading Partners Profited from Its Distress? | 4/2/2009 | See Source »

...with AIG or made specific trades that would benefit from AIG's problems. Those moves are exacerbating the losses at AIG and increasing the cost of the insurer's bailout. "There is an argument to be made that the recent profits at the banks are because of AIG," says Bianco...

Author: /time Magazine | Title: Have AIG's Trading Partners Profited from Its Distress? | 4/2/2009 | See Source »

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