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...political press for being "more reactive and passive and less of an enterprising investigator of the candidates than it once was," singling out The Washington Post for running 10 fewer in-depth candidate profiles during the 2008 presidential election than it did in 1992. The report spreads the blame around, though, observing that cutbacks and increasingly PR-savvy campaigns have also hurt the profession: "Most of what we know about the new president came from his campaign rather than from media enterprise...

Author: /time Magazine | Title: The State of the Media: Not Good | 3/16/2009 | See Source »

...significant portion is held by other financial institutions like hedge funds. Suppose all swaps are held by banks. Since swaps are a zero-sum game, the banking industry as a whole cannot lose money on swaps. Then there is no need for a bailout. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Case for Letting AIG Fail | 3/16/2009 | See Source »

...After a tough loss—and one that we only have ourselves to blame for—we’re all hungry to get out and get after somebody,” co-captain Sam Slaughter wrote in an e-mail...

Author: By Eric L. Michel, CONTRIBUTING WRITER | Title: Harvard Seeks To Get Back On Winning Track | 3/13/2009 | See Source »

...verdict was quickly endorsed by Jack Welch and Andrew Grove, retired CEOs of General Electric and Intel, respectively. And from Federal Reserve Chairman Ben Bernanke came this measured nudge: "Until we stabilize the financial system, a sustainable economic recovery will remain out of reach." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

...Which once again argues for knuckling down on the banking issue, because that's a matter of unquestioned urgency. Political opportunists will no doubt jockey to claim credit or place blame, but ultimately everyone is looking to the Administration for leadership in this area, and only ideologues will grumble if Obama manages to find a way through it. The President and his team were elected to fix the economy, a senior Republican acknowledges, but the electorate is less clear, he argues, on the rest of the Obama agenda...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

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