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What about our financial system in general? You belong to group of executives who have proposed changes to financial regulation. One of the ideas being considered is to create a national financial regulator who is solely focused on consumer protection. Do you think that is a good idea? I think we do need to do something. It will be a challenge to figure out how a national regulator would intersect with state regulators on consumer issues, but I think it can be done...

Author: /time Magazine | Title: Is There a 401(k) Fix? | 10/14/2009 | See Source »

That distinction is largely unfamiliar both to the general public and within the medical field, yet it is a crucial one when it comes to treatment decisions for end-stage dementia patients. Dr. Greg Sachs at the Indiana University Center for Aging Research says a lack of appreciation of the nature of dementia leads to misguided and often overly aggressive end-stage treatment. Five years ago, Sachs wrote a paper on such barriers to palliative end-of-life care for dementia patients, but he ran into difficulty explaining the findings to the editors of the major medical journal that published...

Author: /time Magazine | Title: Redefining Dementia as a Terminal Illness | 10/14/2009 | See Source »

...during Musharraf's rule, analysts say, that militants from southern Punjab who were once favored as proxies by the army turned on their masters. Some of the weekend attackers, said Major General Abbas, belonged to "splinter groups" from Jaish-e-Mohammad (JeM) - another banned terrorist organization that emerged in 2000 as an anti-Indian insurgent group staging attacks across Kashmir's line of control. When that front simmered down, and U.S. troops arrived in Afghanistan, they discovered a new cause. "There was pressure on the group from inside," says Amir Rana, an expert on Pakistani militancy. "They thought that this...

Author: /time Magazine | Title: Why Pakistan Must Widen Hunt for Militant Bases | 10/13/2009 | See Source »

...Major General Abbas was at pains to insist that JeM itself - which was implicated in the 2001 attack on the Indian parliament and the murder of U.S. journalist Daniel Pearl - was not directly involved. But other observers are not convinced, and say that its fugitive leader, Masood Azhar, is believed to be somewhere in Waziristan. Nor is it clear if the Pakistan army has severed its links entirely with the outlawed terrorist group, as its presence in and around the southern Punjabi city of Bahawalpur grows undisturbed. A heavy concentration of madrasahs in the area has become a breeding ground...

Author: /time Magazine | Title: Why Pakistan Must Widen Hunt for Militant Bases | 10/13/2009 | See Source »

...During the tense, overnight standoff at the military's headquarters over the weekend, Aqeel tried to appeal to his former army comrades. "They were trying to profess their own cause," said Major General Abbas. "They were trying to justify their own actions." In reply, hostage army officers tried to convince him that he was "on the wrong side." As dawn rose over the 100-year-old British-built army garrison, an élite unit of commandos surrounded the small room where the hostages were being held. At 6 a.m., they launched a 45-minute operation that saw fierce cross fire...

Author: /time Magazine | Title: Why Pakistan Must Widen Hunt for Militant Bases | 10/13/2009 | See Source »

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