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The effort to revive Britain's flagging banking sector has reversed the government's fortunes. Prime Minister Brown's broadly popular plan - which includes extra liquidity for banks and government guarantees for their debt - has inspired similar rescue packages across Europe. Still, one model won't fit all. "Some countries...

Author: /time Magazine | Title: Britain Sets Details of Huge Bank-Bailout Plan | 10/13/2008 | See Source »

A harsh verdict? Consider the report's findings. Not only did people at almost every level of the Palin administration engage in repeated inappropriate contact with Walt Monegan and other high-ranking officials at the Department of Public Safety, but Monegan and his peers constantly warned these Palin disciples that...

Author: /time Magazine | Title: What the Troopergate Report Really Says | 10/11/2008 | See Source »

...through his Kathy and Richard S. Fuld Jr. Family Foundation, Fuld also gave away more than $5 million. The Lehman Brothers Foundation gave another $39 million last year to charity, either directly or by enabling the charitable giving of its workers - many of whom are now unemployed or considerably less secure about their financial futures...

Author: /time Magazine | Title: Charities Are Bracing for a Long, Hard Winter | 10/10/2008 | See Source »

Presciently, the high-end Japanese bathroom-fixtures manufacturer Toto chose a time when the economy is circling the drain to launch its newest product - a $5,000 commode with a super-efficient flush. The Neorest 550 seems at first a senseless money tank, but at a swellegant downtown New York...

Author: /time Magazine | Title: Just What the Economy Needs: A $5,000 Toilet | 10/10/2008 | See Source »

In that light, it's fortunate, in a way, that only one more state supreme court is slated to consider same-sex marriage any time soon. The court in Iowa will hear arguments on the issue in December. Gays will now have to focus on winning marriage equality politically, in...

Author: /time Magazine | Title: Viewpoint: For Gay Marriage, Time to Go Beyond the Courts | 10/10/2008 | See Source »

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