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...What's not so clear is whether repaying TARP will turn out to be beneficial for investors. Analysts say getting out of TARP could be costly. Indeed, some worry that banks are putting their desire to rid themselves of government intervention ahead of their firms' bottom lines...

Author: /time Magazine | Title: Paying Back TARP: Good for Banks, Bad for Investors? | 5/22/2009 | See Source »

...seems clear that bank executives will benefit from the return of government funds. TARP-funded banks have to adhere to compensation rules that limit what the firms can pay their top executives. What's more, banks that received government assistance have put off buying private jets or remodeling offices so as not to appear irresponsible with taxpayer money. Industry insiders say that behind the scenes government regulators have also limited the risks that TARP-funded banks can take. (See the top 10 worst business deals of last year...

Author: /time Magazine | Title: Paying Back TARP: Good for Banks, Bad for Investors? | 5/22/2009 | See Source »

...committed one unpardonable sin, or at least that was the story that several members of Congress wanted to believe. He had agreed to previously planned bonuses for AIG employees who worked in the part of the company that had created many of the insurance firm's losses. Liddy was clear in making the point that AIG had a legal obligation to make the payments. He would have been better off to hold his tongue. The minute he gave an explanation for his actions, no matter how rational it was, his interrogators seized on it as another act of either...

Author: /time Magazine | Title: Behind Ed Liddy's Departure from AIG | 5/22/2009 | See Source »

...love my team, I like the relationship that I have with them, I like the separation that I have between work and family, I like the connection between the East Wing staff and the West Wing staff, and the fact that voices are being heard, and that communication is clear and that there is respect across the lines, and that, you know, people are moving in a way to try to complement work. I'm satisfied with all of that...

Author: /time Magazine | Title: Interview with the First Lady | 5/21/2009 | See Source »

...traits feeds his passion for going against the flow: he yearns for the limelight and he views himself as infallible. Even during the communist era, an informer spying on Klaus as he took part in informal economics discussions described him as an abrasive know-it-all. "He makes it clear that who does not go along with his ideas and opinions is simply stupid and incompetent," reads Klaus' secret police file. In team sports, former Czechoslovak premier Strasky recalls, Klaus used to be "insufferable," displaying behavior he would later bring to politics: "He always knew that another player had blundered...

Author: /time Magazine | Title: Vaclav Klaus: The Man with the E.U.'s Fate in His Hands | 5/21/2009 | See Source »

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