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...Bank employees have some unique problems that could intensify the dips in that model. For starters, the world is hardly well-disposed to them right now: people are angry and looking for someone to blame, and the banks and their employees are natural targets. For some employees, an entire sense of self is at-risk. "Not only is society saying, 'We don't want you to exercise [your profession] anymore,' it's saying, 'We actually don't value [your profession] anymore,'" Morgan says. The result can be a reduced sense of self-worth. Former bank employees may be timid about...

Author: /time Magazine | Title: A Psychologist Looks at the Bankers' Dilemma | 10/21/2008 | See Source »

...message repeated over and over - including two incentive checks from our government so we could spend even more money we didn't really have. So excuse me if I have a hard time believing that it is either the "evil bankers" or the "irresponsible home buyers" who are to blame for the present mess. Kathy Hornsby, CARROLLTON...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...Public Mistrust RE Michael Grunwald's piece on how Washington failed us: I'm neither Republican nor Democrat, and I am disgusted with both [Oct. 13]. Both presidential candidates want to blame Wall Street, and there is surely some merit to that. But the heart of the problem rests with Freddie Mac and Fannie Mae, two quasi-government corporations. Despite several attempts by legislators to call attention to the impending crisis, lawmakers like Senator Christopher Dodd - the No. 1 recipient of campaign contributions from Fannie and Freddie - preached the soundness of these institutions. This is not a failure...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...increasingly the exception in Africa. Ibrahim is a Sudanese telecoms billionaire who decided to put his money where his mouth was after concluding that poor governance was the bane of the continent. "African leadership was a failure, and its own failure," he says. "You can't sit here and blame colonialism forever...

Author: /time Magazine | Title: Festus Mogae: Africa's Good Leader | 10/20/2008 | See Source »

...wouldn't be entirely fair to blame McCain for the bilious mess his party has become. The most vehement of the Republican faithful live in an alternative universe, fermented by decades of Rush Limbaugh's brilliantly meretricious baloney and Sean Hannity's low-rent bullying. As McCain's audiences went out of control, Hannity stoked the rage with a "documentary" about Obama that featured, without qualification, a poisonously flaky anti-Semite who claimed to know Obama was a Muslim. But McCain had consistently stoked the rage as well, with nonstop negative advertising and by questioning Obama's patriotism and trying...

Author: /time Magazine | Title: Round Three | 10/16/2008 | See Source »

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