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...bonds they were rating AAA were actually much riskier than that. An analyst wrote to a colleague, "Let's hope we're all wealthy and retired by the time this house of cards falters." However, no criminal charges have been brought against rating-agency officials. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Bear Stearns Verdict: A Blow to E-Mail Prosecutions | 11/12/2009 | See Source »

...even the most conservative bill under discussion would provide health insurance for 29 million more people, it is reasonable to blame politicians who defeat any bill for these people’s lack of insurance. These spoilers would thus bear some responsibility for the 45,000 deaths associated with a lack of health insurance that would continue each year after...

Author: By Dylan R. Matthews | Title: Must Have a Code | 11/10/2009 | See Source »

...Stern School of Business. "That is because it's harder to measure, and it's a bit more controversial." Philippon has begun trying to fill this research gap, and while he hasn't come up with definitive answers, he has made some very interesting discoveries. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Are Bankers Worth Their Big Paychecks? | 11/9/2009 | See Source »

...statement that the decision to lay off Nicholson was driven solely by "the operational needs of the company during a period of extraordinary market turbulence. Grainger rejects outright any suggestion that there was any other motivation relating to Mr. Nicholson's beliefs or otherwise." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Environmentalism, the British Religion | 11/7/2009 | See Source »

...riots. Kibaki won the election but subsequent allegations of vote rigging led to clashes between Kibaki's tribe, the Kikuyu, and Odinga's tribe, the Luo. The government and the media initially portrayed the violence as spontaneous outbursts of rage, but the two sides soon started pointing fingers of blame at each other's political leaders, alleging that the attacks had been orchestrated to exploit tensions between Kenya's 42 tribes as a way of settling scores and jockeying for advantage in the new government. (Read: "The Demons That Still Haunt Africa...

Author: /time Magazine | Title: After Kenyan Stalling, the ICC Will Investigate Post-Election Riots | 11/6/2009 | See Source »

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