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Volcker and many other observers argue that if a mass-scale financial bailout is needed, it's the White House and Congress that must commit the resources. So far, the main movement in that direction is a proposal from Democrats Barney Frank in the House and Chris Dodd in the...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

French officials have gone so far to suggest they'd invoke an article of the treaty the euro was founded upon allowing national governments to impose policy regarding currency exchange on the ECB. True to form, ECB president - Frenchman Jean-Claude Trichet - remains singularly unimpressed by the pressure from politicians...

Author: /time Magazine | Title: Europe Longs for a Weaker Euro | 3/13/2008 | See Source »

"To insure the best results we will be 'chumming' the water with fish and fish parts," the Scuba Adventures website stated. "Consequently, there will be food in the water at the same time as the divers. Please be aware that these are not 'caged' dives, they are open water experiences...

Author: /time Magazine | Title: When Adventure Tourism Kills | 3/3/2008 | See Source »

That's why we decided to add a new feature to our political coverage: the Defining Moment. In a series of biographical pieces on the major candidates, we identify a pivotal event in their personal or political life and explore how it altered them forever. We begin this week with...

Author: /time Magazine | Title: Innovation | 11/2/2007 | See Source »

President Bush made clear his lack of commitment to the health care crisis last Wednesday when he vetoed the expansion of the State Children’s Health Insurance Program (SCHIP). In a country where the number of people lacking health insurance rose in 2006 for the sixth year in...

Author: By The Crimson Staff | Title: Victims of a Veto | 10/8/2007 | See Source »

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