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...suggestions managed to emerge from the sea of anger, though it remains to be seen how feasible any of them are. Senator Evan Bayh, an Indiana Democrat, said he'd like AIG to enter some form of bankruptcy, "because when you go into bankruptcy, contracts are abrogated all the time." He was referring to AIG CEO Edward Liddy's claim that the bonuses were contractual and therefore had to be paid under the law. (See the top 10 bankruptcies...

Author: /time Magazine | Title: The AIG Bonuses: Getting Mad and Getting Even | 3/18/2009 | See Source »

...some of Obama's grander ambitions. As infuriating as that is to progressives eager to seize on this "good crisis," it's a natural by-product of giving the vote to Americans who live in coal-burning, oil-drilling, far-driving and heavy-manufacturing regions. One such place is Indiana, whose Democratic Senator, Evan Bayh, will be tough to sell every line of the Obama budget to. "I've spent some time with the President, and my strong impression of him is, at the end of the day, he's a pragmatist," Bayh says. Translation: Obama will take what...

Author: /time Magazine | Title: Obama's Reform Agenda: Is He Trying to Do Too Much? | 3/13/2009 | See Source »

...reception has been good, though not Sudoku-mania good. (Then again, Sudoku wasn't an instant hit either; an Indiana architect devised the game in the 1970s, but it languished for decades under the unfortunate name Number Place.) Only five years old, KenKen already appears in the Times of London and Le Figaro in Paris, and it's coming soon to an iPhone near...

Author: /time Magazine | Title: Is KenKen the Next Sudoku? | 3/12/2009 | See Source »

...probably why President Barack Obama has gone out of his way to court these moderates, whose votes he desperately needs to pass the biggest bill yet: his $3.6 trillion 2010 budget resolution. Ever since the President laid out the broad outlines of his ambitious budget, moderate Democrats like Indiana Senator Evan Bayh and Tennessee Representative Jim Cooper have been struggling with how to embrace such a large budget on top of all the money that has already been spent; those who are up for re-election next year may be particularly inclined to vote against the budget because of voter...

Author: /time Magazine | Title: Can Obama Keep Moderate Dems in Line on His Budget? | 3/11/2009 | See Source »

...came up with that number, given that there are tens of thousands of retailers and hundreds of thousands of stores in America. Why wasn't the number 9% or 27%? The answer is that the forecast is virtually useless, something like counting the number of poisonous snakes in an Indiana Jones movie...

Author: /time Magazine | Title: Looking Again at the Fate of the Retail Industry | 3/10/2009 | See Source »

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