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Further complicating the challenge, the uproar over AIG has scared potential private investors from any involvement in a government-run program. "AIG makes everything worse," says the senior administration official. Private investors fear that an angry Congress might place restrictions on pay packages for anyone who participates, Treasury, Federal Reserve...

Author: /time Magazine | Title: Plan to Buy Toxic Bank Assets Delayed Again | 3/19/2009 | See Source »

This success story is absolutely unprecedented. So what explains this strange reversal of everything we know about the sad fate of victorious alliances in the past? The correct answer is this: The old lady may be 60, but she is not 
 only bouncy but also functional. Why else would...

Author: /time Magazine | Title: NATO: Soldiering On | 3/19/2009 | See Source »

Text-Messaging The Koran The soft revolution is made concrete in hundreds of new schools from Turkey to Pakistan. Its themes echo in Palestinian hip-hop, Egyptian Facebook pages and the flurry of Koranic verses text-messaged between students. It is reflected in Bosnian streets honoring Muslim heroes and central...

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

When Ziada was 8, her mother told her to don a white party dress for a surprise celebration. It turned out to be a painful circumcision. But Ziada decided to fight back. The young Egyptian spent years arguing with her father and uncles against the genital mutilation of her sister...

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

Rethinking Tradition Politics is not the only focus of the soft revolution. Its most fundamental impact, indeed, may be on the faith itself. In the shadows of Kocatepe Mosque in Ankara, Turkey, a team of 80 Turkish scholars has been meeting for the past three years to ponder Muslim traditions...

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

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