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According to a report produced by a division of bond manager BlackRock in November 2008, AIG would probably have been able to strike settlements that, at least at the time, could have saved the giant troubled insurer, and taxpayers, billions of dollars. Instead, after a few days of harried discussions...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

The AIG bailout has become one of the most enduring controversies from the financial crisis. On Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

For officials looking for insights into which sex-education models to copy, however, figuring out why some states have been more successful than others at reducing teen pregnancy will not be easy, especially when it comes to cases for and against the now largely discontinued abstinence-until-marriage education. According...

Author: /time Magazine | Title: New Data: Teen Pregnancy on the Rise, Abortions Too | 1/26/2010 | See Source »

Stiglitz also criticized the Obama administration and the Federal Reserve for lending money to banks without a vision of what a stable financial system should look like or an acknowledgement of the danger of risk-encouraging incentives.

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Stiglitz Faults Fed, Banks For Crisis | 1/26/2010 | See Source »

It's actually a reasonable question. Bernanke was TIME's Person of the Year 2009, and at the time we urged Congress to put politics aside and confirm him to a second term as Federal Reserve chairman. Much of the opposition that's been building lately to Bernanke's confirmation...

Author: /time Magazine | Title: The Case for Reconfirming Fed Chairman Ben Bernanke | 1/26/2010 | See Source »

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