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...over who had the right to impose consumer protection rules. And in a struggle that has taken on special resonance this week, Commodity Futures Trading Commission chief Brooksley Born - a Clinton appointee - tried after the collapse of the hedge fund Long-Term Capital Management in 1998 to impose some kind of federal oversight on the over-the-counter derivatives market, and was thwarted by a less-than-holy alliance of anti-regulation types in Congress and colleagues in the Clinton administration who didn't want to see the CFTC get authority over a business then dominated by banks...

Author: /time Magazine | Title: While the Regulators Fiddled ... | 9/17/2008 | See Source »

What Becomes a Leader Most? Obama as a candidate for the White House is a perfect embodiment of "all things to all men" [Sept. 1]. For an election to the post of what could arguably be termed President of the World, that is the kind of man that we need - an Obama with a demonstrable history of crossing boundaries, creating possibilities and redefining perspectives, not a McCain whose greatest talent seems to lie in brandishing a "bloody" past in our faces, and who never fails to make me think of a Walkman missing all buttons save rewind. Tolu Ogunlesi, ABEOKUTA...

Author: /time Magazine | Title: McCain: Temper of the Times | 9/17/2008 | See Source »

...America's most famous political family and a wealthy investor in his day, told of selling his holdings before the 1929 market crash because a shoeshine boy had offered him stock tips. The story may well be apocryphal, but in the decades since, shoeshine boys have become a kind of insider's measure of how a market's doing. In the main shopping center in London's Canary Wharf financial district David Peralta is one such oracle, though not because he hands out investment tips...

Author: /time Magazine | Title: Wall Street Meltdown: Global Fallout | 9/17/2008 | See Source »

...Joffe ’10. She wrote an article—I participated in it­—about the manufactured controversy between creationism and evolution. The article was with .Dr. Kenneth R. Miller, and I came to Harvard and spent a couple of days here. I was kind of interested in studying at the time, and I just fell in love with the place when I got here. I made some really amazing connections with professors in the music department, and they encouraged me to apply...

Author: By Frances Jin, CRIMSON STAFF WRITER | Title: 15 Q’s with Mike Einziger | 9/17/2008 | See Source »

...real time going to college. And to be perfectly honest, at the time, I wasn’t really interested. I was playing in the band, we were on the verge of getting a record deal, and I was working for a record label. I was really kind of immersed in the world that I wanted to be immersed in, and school was something I was doing to appease my parents, to be perfectly honest. It’s amazing being in the position that I’m in now, to be able to come back and have...

Author: By Frances Jin, CRIMSON STAFF WRITER | Title: 15 Q’s with Mike Einziger | 9/17/2008 | See Source »

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