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...much easier to scare off birds from a tree than to bring them back," says Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago Booth School of Business, and co-creator of its trust index. "And that's what trust's about. It's much easier to destroy than to build...

Author: /time Magazine | Title: What Banks Are Still Missing: Trust | 5/4/2009 | See Source »

...There is a temptation to compare this new facility to the IMF, but that analysis would miss the move toward a financial alliance that will help serve to bring Asia together as a single, loosely formed economic entity lead by China and Japan, two of the four largest countries in the world as measured by GDP. The program makes the region financially stable, probably more stable than Europe is now with its rising unemployment, stagnant economies, and sovereign debt which faces downgrades in many cases. (See pictures of Obama's recent trip to Europe...

Author: /time Magazine | Title: Asia's Economies Form an Alliance the West Can't Match | 5/4/2009 | See Source »

...Skeptics say that the new activism of young urban voters is nothing more than an élite phenomenon, and that this Indian election, like nearly every one that has preceded it, will be decided by the masses in India's villages, who vote for the candidate most likely to bring them bijli, pani, sadak - power, water and roads. But even young people in rural areas are looking for something new: not just a better life, but a better system. Vikram Rai, for example, is a 29-year-old college lecturer in Darjeeling, in northeastern India, who can't understand...

Author: /time Magazine | Title: How India's Young and Restless Are Changing Its Politics | 5/4/2009 | See Source »

Well, once again, Hardin's heart was broken. Reaction from Montana's three-man Congressional delegation was swift and unanimous, but hardly supportive. "I understand the need to create jobs, but we're not going to bring al-Qaeda to Big Sky Country - no way, not on my watch," said Sen. Max Baucus, a Democrat. (See pictures from inside the Guantanamo Bay detention facility...

Author: /time Magazine | Title: The Montana Town That Wanted to Be Gitmo | 5/3/2009 | See Source »

...Kistner, who plans on attending Thomas' upcoming trials, the investigation's findings may finally bring some closure to the tragedy of his great-aunt's death. "Especially in my line of business," says the ex-cop, "we like closure; we like happy endings, I guess, if there can be a happy ending to this. You're always looking for the bad guy, especially someone who could do something to an old lady like that." He adds, "I plan on attending the trials when they come up for the personal satisfaction of actually physically seeing him in custody and knowing that...

Author: /time Magazine | Title: A Cold Case Gets Hot: Is This L.A.'s Westside Rapist? | 5/3/2009 | See Source »

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