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...mortified to learn), some senior economic officials in the new Administration have made it plain that they have little use for SEDs. Some view them as pointless, time-consuming gabfests that accomplished little from the U.S. perspective (which is exactly why the Chinese loved them). For the Obama crowd, the SEDs may be DOA, though one senior official tells TIME that there will no doubt be some other configuration for Cabinet-level talks between Beijing and Washington...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

...Wall Street (1,216 link). Although the site is "intended for the institutional equities crowd," we won't hold it against them - it's still very good. Covers money markets, sell side, buy side, private equity, Wall St. research, and media. Strong analysis. Strong on multimedia...

Author: /time Magazine | Title: Best 25 Financial Blogs | 1/22/2009 | See Source »

...have helped legitimize now mainstream sports like skateboarding and snowboarding, the annual competition also feeds an audience hunger for life-threatening daredevilry. There are no lions, but at times, it's been easy to see the parallels between those who watch "Big Air" skateboarding and motocross and the bloodthirsty crowds at the Coliseum of Ancient Rome. At the 2003 summer games, one motocross rider left the competition in a wheelchair after crashing; another rider attempting a trick called the "Sterilizer" had an accident that sent him into convulsions in front of the crowd. In 2007, a skateboarder attempting a massive...

Author: /time Magazine | Title: The X Games | 1/22/2009 | See Source »

Look at any old photo of Herbert Hoover's 1929 Inauguration, and all you'll see in the crowd stretching out in front of the U.S. Capitol is a sea of fedora hats - the must-have accessory for men at the time. For yesterday's Inaugural ceremony, photos of the crowd bracing against the cold reveal a lot of knit caps and bare heads. But closer to the epicenter of power, on the podium where President Barack Obama delivered his Inaugural Address, there was a noticeable flurry of fedoras - a nod, perhaps, to a bygone era when wearing...

Author: /time Magazine | Title: The Hot Inaugural Accessory: Hats Are Back! | 1/21/2009 | See Source »

...remarkable American diorama - in all its polychromatic wonder - spread out for miles on the National Mall in Washington. Not the clear, sober cadences of our new President's Inaugural Address. Not the prayers and tears, the unstoppable smiles and barely controlled giddiness of what may have been the happiest crowd ever to grace the nation's capital. A man named Barack Hussein Obama is now the President of the United States. He came to us as the ultimate outsider in a nation of outsiders - the son of an African visitor and a white woman from Kansas - and he has turned...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

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