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...this amounts to a particularly tricky issue for one man who has played a key role in the City's growth: Prime Minister Gordon Brown. As Chancellor of the Exchequer for 10 years, his support for financial services was especially notable because his Labour Party had a history of antagonism with the City. Brown sought to convince the financial community that New Labour would be probusiness, pro-enterprise, noninterventionist and keen to cosset the rich, believing their wealth would trickle down into the wider economy. Brown also led the way for Britain to put in place a new governance system...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...annual Labour Party conference last month in Manchester, delegates adopted a new vocabulary. In fringe meetings, speakers inveighed against "the spivs" who caused the mess, while union leaders and politicians raised cheers by bashing the rich. Brown's keynote speech talked of a new era that demands heavier regulation, an era in which the rich will "be able to look after themselves." That sort of talk sets off alarm bells. "There is a risk that a mood could emerge, an anti-City mood," says Douglas McWilliams, chief executive of London's Centre for Economics and Business Research. "You sense that...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...what's a Real Sarah Palin to do? First, she has sensibly laughed it off. If she had lumped Fey in with the evil media "filter" persecuting her by asking follow-ups and expecting her to answer debate questions, she would be Dan Quayle jousting with Murphy Brown. She may even go on SNL, perhaps by the time you read this...

Author: /time Magazine | Title: Palin vs. "Palin": When SNL Parody Becomes Campaign Reality | 10/9/2008 | See Source »

...among college graduates. There were more than 3 million mixed-marriage couples in the U.S. in 2005, 10 times as many as in 1970. Author Richard Rodriguez, the son of Mexican-American immigrants, not long ago wrote that America's new national color is neither black nor white but brown...

Author: /time Magazine | Title: Is Barack Obama American Enough? | 10/9/2008 | See Source »

...attract a younger demographic to the iconic baby-boomer brand. Harley kept increasing its stake over 10 years and finally bought it all in 2003, even though Buell accounts for a mere 2% of Harley's sales. "What does Buell bring to Harley?" asks Don Brown, analyst and president of DJB Associates in Irvine, Calif. "Good question." In 2007 Buell brought in $100.5 million in revenue and shipped 11,513 bikes, compared with Harley's whopping $5.7 billion and 330,619 bikes shipped. "They're almost like a rounding error," says Ed Aaron, an analyst at RBC Capital Markets...

Author: /time Magazine | Title: Harley-Davidson's Wildest Child | 10/9/2008 | See Source »

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