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...Shambaugh is professor and director of the China Policy Program at George Washington University in Washington, D.C., nonresident senior fellow at the Brookings Institution, and currently a visiting scholar at the China Academy of Social Sciences in Beijing. His latest book is China's Communist Party: Atrophy and Adaptation...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...estimated that, if key measures like increased capital requirements are implemented, the average return on equity of investment banks would drop by one-third. "It's out of the question to systematically increase layers of capital in the banks if there's no supplementary risk," says Ariane Obolensky, managing director of the French Banking Federation. But the tide is against such critics. As Stark of the ECB put it in a speech this month, "the simple statement that 'if banks are too big to fail, they are probably too big to exist' is a reasonable rule." The postcrisis financial system...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

...America). As big a celebrity as any of the leaders he interviews, Stone kicks a football around with Chávez and shares coca leaves with Bolivian President Evo Morales. Never does he raise prickly questions - for instance, about human-rights violations and attacks on journalists in Venezuela. The director leaves those stinging salvos for his Hollywood movies about U.S. politicians...

Author: /time Magazine | Title: Venice Film Festival: Films with a Mission | 9/28/2009 | See Source »

...filmmaker Ang Lee, went to Lebanon, Samuel Maoz's potent memoir of the first Israeli?Lebanon war. Women Without Men, a feminist drama set in Iran during the 1953 U.S.-backed coup that placed Reza Pahlavi on the Peacock Throne, earned the runner-up Silver Lion prize for director Shirin Neshat. Ksenia Rappoport took Best Actress as a Slovenian immigrant with a mysterious agenda in the Italian thriller The Double Hour. And Britain's Colin Firth was named Best Actor for his role as a gay professor in mourning over the death of his lover in A Single...

Author: /time Magazine | Title: Venice Film Festival: Films with a Mission | 9/28/2009 | See Source »

...financial meltdown in Capitalism: A Love Story. Provocative and wildly ambitious, it expands beyond the housing and banking crises of the past year into an epic of malfeasance: capital crimes on a national scale. With enough corporate villains to stock a hundred melodramas, who is the hero? The writer-director-star himself. There he is, attempting to make a citizen's arrest of AIG executives and parking an armored truck in front of one bank to reclaim the billions it received in government largesse. Of course the film is one-?sided; that's the nature of a political tract...

Author: /time Magazine | Title: Venice Film Festival: Films with a Mission | 9/28/2009 | See Source »

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