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...more unusual exchanges, Hensarling wanted to know if Geithner thought the auto companies were banks. Geithner said under the definitions of TARP, he would call auto manufactures banks. "So would you call AT&T and American Airlines banks?" Hensarling asked. Geithner said no, and then clarified that at least at this moment he would not call AT&T or American Airlines banks. When asked about AIG, Geithner said the government didn't legally have the option to pay less than 100 cents on the dollar to its counterparties. In the past year, many people have criticized Geithner and former secretary...

Author: /time Magazine | Title: Geithner Defends First Year Of TARP | 9/10/2009 | See Source »

...Lord's work - unlike me, who's telling dick jokes for a living - I wouldn't have gotten anything done. But I have to. The next time you turn on your TV, think about the fact that 90% of the women have had some form of what I call "dental work." That's my new code...

Author: /time Magazine | Title: Comedian Kathy Griffin | 9/9/2009 | See Source »

...know if I would call the month freaky," says Representative Zach Space, laughing. The Ohio Democrat has yet to decide how he'll vote on the legislation. "I love the fact that people are engaging and expressing themselves, but I had a guy sleeping on the sidewalk in front of my office for a week," he says. "It's important that the debate be healthy - one with structure, not destruction - where we debate issues, not urban myths." (See more about health care...

Author: /time Magazine | Title: Can Pelosi Win Over Wary Dems on Health Care? | 9/9/2009 | See Source »

...Hours before the British raid, Munadi was allowed to place a cell-phone call to his worried parents to reassure them that he and Farrell would soon be released. When the British commandos made their surprise attack on the house where the pair were being held, the two men rushed out. Munadi died in the firefight, shouting, "Journalist! Journalist!" Farrell recounted to his Times colleagues in Kabul. "He was lying in the same position as he fell," Farrell said. "That's all I know. I saw him go down in front of me. He did not move. He's dead...

Author: /time Magazine | Title: Questions About Reporter's Rescue in Afghanistan | 9/9/2009 | See Source »

...good old days, Afghan President Hamid Karzai would dial into a weekly videoconference call with his buddy George W. Bush. No longer. The Obama Administration cut Karzai's direct access to the White House earlier this year. The new Administration views Karzai's corrupt and flailing presidency as a big reason that the Taliban and al-Qaeda are regaining so much ground in Afghanistan...

Author: /time Magazine | Title: Can the U.S. Still Work with Afghanistan's Karzai? | 9/8/2009 | See Source »

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