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...Guildhall office, policy chief Fraser talks about his 45 years of experience in the City and says, "You just have to sit it out. It recovers." But he acknowledges that "it's a painful process and we are only at the beginning." The impact won't be felt across the board, either. Barring a financial cataclysm, London will retain its position as Europe's preeminent financial center for players from around the world. Some wealth management may migrate to Singapore or Dubai, rapidly emerging regional centers, and some of the back-office jobs that are cut may never come back...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...work for a while. He was concerned about how the situation was impacting his family but seemed to be taking things in stride," says Gerken. "There was no indication of how serious it was or any suggestion of what would happen. It speaks to the desperation he must have felt...

Author: /time Magazine | Title: Murder-Suicide in California: A Tragedy of the Financial Crisis? | 10/8/2008 | See Source »

...true love affair. There's no question that this was a very psychologically complex relationship. Monica Lewinsky represented something very important to him psychologically. She looked like his mother, Virginia, who had recently died. Clinton kept saying how much she reminded him of his mother. Monica kept saying she felt like she was having a relationship with a lost little boy. This is the President of the United States. She was an intern. Yet she felt maternal in her relationship with him. It was an affair, yes, and he lied about it, yes, but it wasn't just a cheap...

Author: /time Magazine | Title: Putting Bill Clinton On the Couch | 10/8/2008 | See Source »

...What happened to Clinton during the primaries? It seems like he went off the rails about criticizing Obama.The things he said about Obama were not nearly as caustic as the things Hillary used to say about his opponents. He felt that he owed it to Hillary to do for her as she did for him. She would literally accost his opponents. When he was running for Governor of Arkansas, she would stop his opponents in front of the state house and start yelling at them...

Author: /time Magazine | Title: Putting Bill Clinton On the Couch | 10/8/2008 | See Source »

...keep up with their elders, who are famous for turnout rates as high as 80% in Florida. They will also have to show that they can affect the vote of Florida blocs like African-Americans and Latinos. Florida's 1.3 million registered black voters, so many of whom felt disenfranchised in the 2000 Florida recount debacle, were uninspired by Democratic candidate John Kerry in 2004 and are a question mark in 2008. As a result, "to a large degree we're counting on young African-Americans," who connect with Obama more readily than their parents or grandparents do, "to bring...

Author: /time Magazine | Title: Young Voters Could Be the Deciding Factor in Florida | 10/8/2008 | See Source »

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