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...Treasury's leaden-footed reaction to the AIG bonuses, which were first reported in January. A former Treasury official blames Geithner for a "strategic hesitation that has really affected the confidence index, not just in the financial marketplace but in the political marketplace." A veteran Washington Democrat was more direct: "He's not a wartime consigliere...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...violence have led the outside world to suspect a whole generation of supporting terrorism. "The only source of identity they have is being attacked," Dhillon says. The post-9/11 generation has been further shaped by wars in Afghanistan, Iraq, Lebanon and Gaza, all of which Washington played a direct or indirect role...

Author: /time Magazine | Title: A Quiet Revolution Grows in the Muslim World | 3/19/2009 | See Source »

...Bono-supported "glamour aid"? Somewhat insulting. The truth, Moyo argues, is that massive foreign aid encourages corruption and stifles the investment and free enterprise that can provide long-term stability. Her alternative solutions include widespread microfinancing and unfettered agricultural trade with the West. Africa could also use more foreign direct investment--which China regularly provides, despite howls over its deals with the continent's more unsavory regimes. Still, Moyo notes, China's "foray into Africa is all business"--there's not a smidgen of pity involved. Which is the way it should...

Author: /time Magazine | Title: The Skimmer | 3/19/2009 | See Source »

...film to festivals to drum up interest among distributors and then waited a year or longer for a theatrical campaign to reach major cities. A few months later, the DVD would hit shelves in smaller markets. But with Alexander the Last, which opened in every major market via Festival Direct at midnight on Saturday - along with four other South by Southwest titles - Swanberg says he's eliminated the window between his festival screening and home-video campaign, all the while substantially reducing the cost of a national release and maximizing the word-of-mouth buzz from his Austin premiere...

Author: /time Magazine | Title: The Film Festival Comes to Your Living Room | 3/18/2009 | See Source »

...motivation behind Women’s Week has always baffled me, but I took direct offense at the insinuations of a recent op-ed on the subject. Shauna Shames ’01 claims that Women’s Week “helps women to feel like they are equal citizens of this college.” Pardon? I am an equal citizen, and I need no assistance in being made to “feel like” one. In fact, that statement, along with the article’s emphasis on “women?...

Author: By Olivia M. Goldhill | Title: From a Woman of the College | 3/18/2009 | See Source »

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