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...that he did have an independent, forthright side to him and, contrary to opinion, he was principled and respected the law. One wonders what sort of President he would have been if this sort of balanced thinking had been evident during his first term. People never gave Bush enough credit, and this article proves that. Ufoma Joseph Immanuel, LONDON...

Author: /time Magazine | Title: White House Warriors | 8/24/2009 | See Source »

...that he did have an independent, forthright side to him and, contrary to opinion, he was principled and respected the law. One wonders what sort of President he would have been if this sort of balanced thinking had been evident during his first term. People never gave Bush enough credit, and this article proves that. Ufoma Joseph Immanuel, London...

Author: /time Magazine | Title: Inbox | 8/24/2009 | See Source »

Dick Fuld was warned. Years before Lehman Brothers tumbled into bankruptcy, roiling markets and setting off a string of massive bailouts, underlings informed the investment bank's CEO that Lehman should get out of real estate before the credit bubble burst. Fuld ignored them. So while the bank's chief loaded up on overpriced property from the 31st floor of Lehman's New York City headquarters, his bond traders were downstairs shorting shares of mortgage brokers. Lawrence G. McDonald was one of those traders, and in his rendering of Lehman's demise--nimbly told with novelist Patrick Robinson--the bond...

Author: /time Magazine | Title: The Skimmer | 8/24/2009 | See Source »

...recycling in the cities. In a recent editorial she wrote, "We must learn, fast, how to reinvigorate our water policy keeping in mind the two big changes - more variable rainfall and desperately growing water needs." Seth believes farmers need not just more handouts, but better access to low-interest credit, so they don't have to rely on moneylenders in every lean year. It was this crushing debt that caused a rash of farmer suicides...

Author: /time Magazine | Title: In Drought, India's Economy is Feeling the Heat | 8/23/2009 | See Source »

...newest of the four services of the U.S. military - the other three boast they are older than the country they defend, while the Air Force, around since 1947, barely qualifies for Social Security - its members often feel they don't get the credit they deserve. True, fighter pilots get an outsize share of attention to match their egos. But it's the flyboys-and-girls ferrying people, fuel and supplies - and piloting reconnaissance flights - around the globe that keep the war machine humming. "Petraeus, as leader of Centcom, the joint force charged with running operations in Southwest Asia, should have...

Author: /time Magazine | Title: Petraeus Zinger Wounds Air Force Egos | 8/21/2009 | See Source »

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