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The plan is intended to relieve banks of their toxic assets - including such securities as subprime mortgage bonds - through purchases by a public-private investment fund, heavily backed by government money. But versions of the plan have faced challenges from the start. Last year, when he was head of the...

Author: /time Magazine | Title: Plan to Buy Toxic Bank Assets Delayed Again | 3/19/2009 | See Source »

Further complicating the challenge, the uproar over AIG has scared potential private investors from any involvement in a government-run program. "AIG makes everything worse," says the senior administration official. Private investors fear that an angry Congress might place restrictions on pay packages for anyone who participates, Treasury, Federal Reserve...

Author: /time Magazine | Title: Plan to Buy Toxic Bank Assets Delayed Again | 3/19/2009 | See Source »

In the second experiment, students were asked to write a story, which would then be read by a peer and used to classify the writer's personality as Type A, B or C - A being positive, B neutral and C being decidedly negative. Type Cs were, for example, said to...

Author: /time Magazine | Title: How to Predict What You'll Like? Ask a Stranger | 3/19/2009 | See Source »

Probably Children of Men because it was such an unusual lead character. It was a guy who had given up. To play someone so listless was very difficult because you don't want to get to the point where people have given up wanting to go on any journey with...

Author: /time Magazine | Title: 10 Questions for Clive Owen | 3/19/2009 | See Source »

The government's rules for what's permissible online are sweeping and, like much of its rhetoric, vague. News, for instance, should be "healthy" and "in the public interest." Audio or video content must not damage "China's culture or traditions." And nothing must challenge the Communist party. The guidelines...

Author: /time Magazine | Title: Chinese Internet Censorship | 3/18/2009 | See Source »

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