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...Whether or not this happens, the landmark settlement may be a turning point for the Swiss banking sector, which can no longer depend on the promise of secrecy to draw in clients, says Stéphane Garelli, a professor of world competitiveness at the Institute of Management Development in Lausanne. "There is no doubt that this is the beginning for Swiss banks, because they now have to rely more on the professionalism and services than on some specificity of Swiss law, such as the banking secrecy," he says. "Now it is time to turn the page and to focus...

Author: /time Magazine | Title: Can Swiss Banks Thrive After the UBS-U.S. Deal? | 8/20/2009 | See Source »

...Lengsfeld, a former East German dissident and single mother, shrugs off the attacks. "It's ridiculous to suggest that I'm being sexist or antifeminist," she says. "I'm a woman and I'm proud of that. I just wanted an eye-catching campaign poster to draw attention to serious election issues, like climate change. The posters are meant to be funny and ironic...

Author: /time Magazine | Title: Busting Out: German Pol Plays the Cleavage Card | 8/17/2009 | See Source »

...risen above such petty prejudice? Actually, no, we haven't. But the good news is, we're doing better than you might expect. According to a new study released by a pair of sociology professors, the battle between Lady Liberty and Lou Dobbs is now being fought to a draw, and our better angels may slowly be prevailing. (See pictures of the U.S. border patrol tracking illegal immigrants...

Author: /time Magazine | Title: Stereotypes Persist Even Where Immigrants Don't | 8/12/2009 | See Source »

...wanted to draw up a candidate for a party that needs to stop alienating young, Hispanic, Catholic and working-class voters and start inspiring its dispirited base of fiscal and social conservatives, Rubio would be it. He's the son of Cuban exiles, a bartender and a hotel maid who raised him to remember that faith matters, work pays and politics can stifle liberty in a big way. He's married to a former Miami Dolphins cheerleader, and he's got four young children. He's only 5 ft. 9 in. and 160 lb., with a sweet-faced earnestness that...

Author: /time Magazine | Title: GOP at War with Itself in Florida Senate Race | 8/12/2009 | See Source »

...Flores, the current deputy majority leader, is only 32, and she's the legislature's only Hispanic female - which itself is a comment on both the Democratic and the Republican parties in Florida. Flores, who has also been mentioned as a possible candidate for lieutenant governor in 2010, would draw the younger, female and Hispanic voters the GOP lacks, but as a strong social conservative, she could help Crist with Florida's right wing...

Author: /time Magazine | Title: Florida's Senate Seat: The (Premature) Martinez Opening | 8/11/2009 | See Source »

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