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...city's output, half the proportion of two decades ago. Has London become too reliant on a single industry, putting all of its eggs into one volatile basket? "Obviously people see it as a risk, and if there's a prolonged downturn, it will become an issue," says Andrew Goodwin, a senior economist at Oxford Economics, who nonetheless 
 believes that while "there is a concern about dependency, financial services have done well historically." At the Guildhall, which is where the City administration is based, policy head Stuart Fraser is bracing for a slump as severe...

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

...billion profit it recorded in the first six months of 2007, and the bank's first ever loss as a publicly traded company. Behind the change of fortune: some $11.3 billion of its own write-downs on assets linked to the collapsed sub-prime market. RBS CEO Fred Goodwin said he was both "numbed ... and galvanized" by the loss. "It's my determination," he said, "to get us out of this place...

Author: /time Magazine | Title: The Credit Crisis Spreads to Europe | 8/11/2008 | See Source »

...Obama has said he admires Doris Kearns Goodwin's wonderful Lincoln biography, Team of Rivals. "He talks about it all the time," says a top aide. He is particularly intrigued by the notion that Lincoln assembled all the Republicans who had run against him for President in his war Cabinet, some of whom disagreed with him vehemently and persistently. "The lesson is to not let your ego or grudges get in the way of hiring absolutely the best people," Obama told me. "I don't think the American people are fundamentally ideological. They're pragmatic ... and so I have...

Author: /time Magazine | Title: Joe Klein: Obama's Team of Rivals | 6/18/2008 | See Source »

...Goodwin ’08, a former Crimson News Executive, is a history and literature concentrator in Eliot House...

Author: By Liz C. Goodwin | Title: Breaking Out | 6/3/2008 | See Source »

...DORIS KEARNS GOODWIN, Pulitzer-prizewinning author and historian

Author: /time Magazine | Title: John Kerry's Advice for Big Papi | 4/22/2008 | See Source »

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