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...Commission and charged it with strictly regulating markets, split banks from investment banks with the Glass-Steagall Act, created the Federal Deposit Insurance Corp., and enacted all manner of other game-changing financial reforms. It's not just that the Obama reforms are less ambitious than those of the Great Depression. They're also inspired by a very different interpretation of what went wrong. In the 1930s the overarching idea was that Wall Street had been very naughty and needed to be put in the penalty box - for good. This time the animating spirit behind the changes seems...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...teenager to move to Canada and for a while lived just across the river from Detroit, is not a micromanager. He declined to be interviewed, but in a first-person account of the Fiat turnaround published in Harvard Business Review, he talked about how he had abandoned the "Great Man model of leadership" that long characterized the Italian firm. Fiat's Great Man was the late Gianni Agnelli, grandson of founder Giovanni, whose family was nothing short of Italian industrial royalty and still controls the firm...

Author: /time Magazine | Title: Chrysler's Sergio Marchionne: The Turnaround Artista | 6/18/2009 | See Source »

...right direction for Harvard.""Most Americans don't realize that the original G.I. Bill legislation of 1944 has been slowly eviscerated over the years, so that now it only covers a very small portion of the cost of going to college," Moulton said. "Yellow Ribbon is a great opportunity for schools to make up the difference, to restore that contract that America had with its veterans."While he applauded the Law School's and GSAS's generosity, Moulton said he was more wary about the Business School's participation, which he said seemed "pretty disappointing, considering how much money...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Schools Vary Widely In Level of Support for Veterans Aid | 6/18/2009 | See Source »

...raised by a single mom. Single moms can do a great job. But the ideal for children ... is to be in a home with a man and a woman. And the government should strive for the ideal." - Explaining his opposition to same-sex marriage (CNN's "State of the Union," April...

Author: /time Magazine | Title: Senator John Ensign: 'I Had an Affair' | 6/18/2009 | See Source »

...Rumors of the Iranian authorities' tampering with Twitter traffic are rampant. But very little hard data is available, and so far it's not clear that they've throttled Twitter completely. Why not is a matter of great speculation. It's quite possible that the government finds Twitter useful as a way of monitoring protesters, gathering data on them and even tracking them down. There are also signs that the Iranian government may be infiltrating the Twitter network itself, manipulating it to its own advantage. This tweet went out over the network earlier today, and was itself retweeted more than...

Author: /time Magazine | Title: Iran Protests: Twitter, the Medium of the Movement | 6/17/2009 | See Source »

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