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Here is how Grameen is trying to establish one: on a Thursday afternoon, Medina and 10 borrowers gather in Ziomara Suarez's apartment in the northern prong of Manhattan. As the borrowers - all women, all immigrants - pack into a room with shelves full of the herbal health remedies Suarez sells, they each hand Medina a small blue ledger with a loan payment tucked inside. If any one of the women doesn't pay her weekly installment, credit will be cut off to the entire group - stunting the small businesses they've each developed. Collateral and credit scores may be missing...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...above all, keep us entertained. Keep us awake. Be bold, be personal, be witty, be chock full of facts. I’m sure you can do it all without studying...

Author: By A Grader | Title: A Grader’s Reply | 1/11/2009 | See Source »

...TIME movie critics, one in New York, one in L.A., whose homes are little museums of Depression Modern pieces.) When a leap in rent shuttered this SoHo landmark, Smith retreated to his other boutique, Adelaide, in the West Village. (Disclosure: Mary Corliss, an occasional contributor to TIME.com and a full-time contributor to my well-being, is the co-owner of Adelaide...

Author: /time Magazine | Title: Richard Corliss's 2008 Entertainment Death Reel | 1/10/2009 | See Source »

...previously scheduled event to promote honest government and take a new ethics pledge. McCarty wrote in a memo that she expected to plead guilty next week and admitted that she had engaged in "criminal acts - something for which I should be prosecuted and for which I bear full responsibility." She did not say anything about the alleged role of her husband, who has not commented on being charged with misprision of felony for taking part in and not reporting his wife's crimes...

Author: /time Magazine | Title: Palm Beach: The New Capital of Florida Corruption | 1/10/2009 | See Source »

...only certainty in the county is that more politicians in the area will be accused of bad behavior. "I wish I could say this is the last one, but I fear it isn't," Acosta said. The FBI set up a full-time corruption squad in West Palm Beach in 2007, and Acosta announced on Friday that the U.S. Attorney's Office recently bought an extra floor of space in the building it is housed in. The way things are going, they'll need...

Author: /time Magazine | Title: Palm Beach: The New Capital of Florida Corruption | 1/10/2009 | See Source »

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