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A couple of month ago, India's chief finance minister may have made calls to the heads of IBM and several other large U.S. tech companies to tell them that the huge developing nation was hemorrhaging high-end tech jobs. Whether the call happened or not, looking at statistics from...

Author: /time Magazine | Title: IBM and the Rebirth of Outsourcing | 3/26/2009 | See Source »

Suze Orman The personal-finance guru and best-selling author is a former TIME 100 honoree Sheila Bair, chairwoman of the FDIC, was one of the first government officials to recognize the danger of the subprime crisis and was relentless in fighting for a temporary increase on the limits of...

Author: /time Magazine | Title: The TIME 100 | 3/26/2009 | See Source »

One simple explanation for this divide is that the Geithner plan - which calls for Treasury, the Federal Reserve and the Federal Deposit Insurance Corporation to finance the bulk of up to $1 trillion in toxic-asset purchases by private investors - is a great deal for the investors and a big...

Author: /time Magazine | Title: Separating Toxic Assets from Legacy Assets | 3/26/2009 | See Source »

The current crisis gives those arguments new urgency. The downturn has demonstrated how unevenly power is distributed, and how bad that is for all of us. At the World Economic Forum in Davos in January, Manuel warned that billion-dollar bailouts were a distraction from a bigger, supranational task: the...

Author: /time Magazine | Title: Trevor Manuel: The Veteran | 3/25/2009 | See Source »

At the Temple Tree resort, www.templetree.com.my, in Malaysia's Langkawi archipelago, purring cats are ready to trail you everywhere. If you allow it, a friendly four-legged fur ball will curl up at the foot of your bed, or rest on your shoulder as you make yourself a cup of...

Author: /time Magazine | Title: Temple of Charm | 3/25/2009 | See Source »

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