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...profile issue for the Administration, compared with health care, the stimulus bill and cap-and-trade legislation. But substantively, Obama and Geithner's proposal has the potential to dramatically change the way America does business. The two men have proposed creating a consumer-financial-protection agency that would have broad power to police financial firms by, for instance, ensuring they are complying with rules protecting consumers from things like predatory lending and deceptive practices. Geithner also wants to consolidate the work of some of the regulators, in particular giving broad new authority to the Federal Reserve to police Wall Street...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

...stiff resistance from both the semi-independent regulators and Capitol Hill. "No one's supporting the Administration proposals," says a senior official at one of the regulatory agencies. "Everyone's opposed in one way or another." Some Senators, including the banking committee's top Republican, Richard Shelby, dislike the broad regulatory and oversight powers of the consumer-protection agency and are strongly opposed to increasing the power of the Federal Reserve. Other regulators, like the FDIC and the Comptroller of the Currency, don't want to lose their power to supervise banks and financial institutions in the consolidation that Geithner...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

...comparatively low rate of antidepressant use among African Americans: "This is consistent with a broad recent trend toward increasing disparities between African Americans and non-Hispanic whites in mental-health-service use. More specifically, African Americans may be less predisposed than Hispanics or nonwhite Hispanics to use antidepressants. In a sample of primary-care patients with depression, African Americans ... reported a stronger preference for counseling over medication...

Author: /time Magazine | Title: Antidepressants in America | 8/5/2009 | See Source »

...strategies for coping with disorders like depression are changing: "Among antidepressant users, the percentage who also received antipsychotic medications increased, whereas the percentage who also underwent psychotherapy declined. Together with an increase in the number of antidepressant prescriptions per antidepressant user, these broad trends suggest that antidepressant treatment is occurring within a clinic context that places greater emphasis on pharmacologic rather than psychologic dimensions of care...

Author: /time Magazine | Title: Antidepressants in America | 8/5/2009 | See Source »

...Florence and Milan. Some Mafia experts believe the Mob's decision to take its battle to the mainland was a response to the breakdown in longstanding attempts by certain government authorities to negotiate a truce with mob leaders. Indeed, after Riina's years on the lam, his arrest, in broad daylight in central Palermo, was itself a sign to many that someone had been playing a double game. (Read a TIME cover story on the Mafia...

Author: /time Magazine | Title: A Mafia Boss Breaks Silence on an Assassination | 8/3/2009 | See Source »

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