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...speculating about who will get the job. Many experts agree the President should not limit his search to tech gurus. "You don't need a doctor running health care, and you don't need a technologist running cybersecurity," says retired Major General Dale Meyerrose, of the consulting firm Harris Corp., who until recently was chief information officer for the Director of National Intelligence...

Author: /time Magazine | Title: A Favorite Emerges in Obama's Cyberczar Search | 6/19/2009 | See Source »

...even approach in significance and forcefulness the changes made back then. In the early days of the Roosevelt Administration, Congress set up the Securities and Exchange Commission and charged it with strictly regulating markets, split banks from investment banks with the Glass-Steagall Act, created the Federal Deposit Insurance Corp., and enacted all manner of other game-changing financial reforms. It's not just that the Obama reforms are less ambitious than those of the Great Depression. They're also inspired by a very different interpretation of what went wrong. In the 1930s the overarching idea was that Wall Street...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...stock has been delisted, dumped from the Dow, and is pretty much worthless. But with government backing, as they say, even pigs can fly. Indeed, just days after filing for bankruptcy, General Motors Corp. is already plotting a path beyond Chapter 11, including the sale of stranded assets and even an offering of new stock...

Author: /time Magazine | Title: Could General Motors' Stock Rise Again? | 6/11/2009 | See Source »

...private sector, it is. But the draw of Tysons - its plum location between Washington and Dulles, the major highways cutting through it - has made it endlessly marketable to businesses despite the suburban gridlock. Unlike abandoned subdivisions and flailing inner cities, Tysons thrives (hence the traffic). The Hilton Corp. plans to move its headquarters here from Beverly Hills, Calif. Volkswagen and Gannett already call Tysons home. (See TIME's Pictures of the Week...

Author: /time Magazine | Title: A (Radical) Way to Fix Suburban Sprawl | 6/11/2009 | See Source »

...like any class on presentation day, there will be some sweaty palms. Bank of America and Wells Fargo say they have raised enough money to satisfy regulators, but they only detail a portion of their efforts. The Federal Deposit Insurance Corp., which also gets to weigh in on whether banks' plans are adequate, has been pushing for management changes at some of the banks. Last week, Bank of America was forced to replace its chief risk officer and four of its board members. Reportedly, the FDIC would like Citigroup to dump its chief executive Vikram Pandit. So far, members...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

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