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...News TV show in mid-January (as an investment adviser, Goldman knew of Madoff but did not do business with him,) Kotz's office contacted her to ask her about Madoff, she says. Kotz and his staff also asked her for any suggestions she might have to fix things at the commission...

Author: /time Magazine | Title: Calling All Whistleblowers! The SEC Wants You | 2/24/2009 | See Source »

...early February, Goldman provided Kotz's office with a list of 11 recommendations to fix the agency, including a 10% bounty on uncovering fraud, a retail-broker-trained commissioner, greater authority to jail or to levy severe financial penalties, and an online clearinghouse for complaints. In response, Heidi Steiber, senior counsel to Kotz, told Goldman that "many ideas were worthy of consideration...

Author: /time Magazine | Title: Calling All Whistleblowers! The SEC Wants You | 2/24/2009 | See Source »

First and last? Much has been made of the fact that Geithner specifically avoided getting input from the financial sector before announcing his plan to fix the nation's ailing banks. Indeed, representatives of the American Bankers Association and the Securities Industry & Financial Markets Association, which lobby for large banks and Wall Street firms, respectively, say they have yet to have sit-downs with Geithner. A number of industry insiders say Geithner's early-February policy speech, which got a poor reception, would have gone better and had more detail if he'd had more meetings with financial executives. Geithner...

Author: /time Magazine | Title: Will Smaller Banks Get Government Help Too? | 2/24/2009 | See Source »

...since Obama has spent much of the past few weeks making clear both his legislative goals and his strategy for accomplishing them. So as you settle in tonight to watch the prolonged legislative applause, realizing that, like 25 million Americans, you will be denied your Tuesday night American Idol fix, here are five things to look...

Author: /time Magazine | Title: Five Things to Look For in Obama's Speech | 2/24/2009 | See Source »

...Davilman: That's the thing - I don't know. You don't walk into a store and see a broken toaster and go, "Aw, well, when I get it home, it will start working." You don't go, "Oh, that dress - the sleeve is falling off. But I can fix it at home." No, you want a dress that fits. You want a toaster that works. But women - and I guess men too - are so willing to take the broken one. (Watch a video about dating advice for women...

Author: /time Magazine | Title: What Makes a Bad Boyfriend? | 2/23/2009 | See Source »

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