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...trading and balance-sheet risks. Most investors just can't understand them. They are too much like black boxes. Once you lessen the risk, the value of the strong underlying banking franchises ought to be more visible and appreciated. (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...McGregor, a senior counselor for APCO Worldwide, is a former chairman of the American Chamber of Commerce in China and author of One Billion Customers: Lessons from the Front Lines of Doing Business in China...

Author: /time Magazine | Title: The China Fix | 2/1/2010 | See Source »

ARTHUR SULZBERGER JR., New York Times chairman and publisher, announcing that the newspaper will begin charging for frequent use of its website...

Author: /time Magazine | Title: Verbatim | 2/1/2010 | See Source »

...Republicans still chafe at being labeled as the party of no; House Republican Conference chairman Mike Pence claimed last Friday that Obama's visit to talk to the GOP caucus had validated their contention that they have legitimate policy ideas of their own. But there is no doubt that the obstructionist strategy helped bolster the beleaguered fiscal-conservative arm of the Republican Party. After eight years of growing the government under the Bush Administration, creating new entitlements and funding bridges to nowhere, their reputation was in shreds. "It was a very dangerous strategy because, if the stimulus worked, the Republicans...

Author: /time Magazine | Title: Can Republicans Win Big as the Party of No? | 2/1/2010 | See Source »

...averages, 12 indicators. "Because it's averaged, the GDP mystifies and masks the gap between rich and poor. I don't think there's ever been such a large disconnect between the GDP and what ordinary people are experiencing." (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: Is GDP An Obsolete Measure of Progress? | 1/30/2010 | See Source »

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