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Dates: during 2000-2009
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...bank's 70-year history he de-emphasized investment banking as the driver of Morgan Stanley's profits. In June, he completed the purchase of a majority stake in Salomon Smith Barney's brokerage division, instantly turning Morgan Stanley, once an élite white-shoe institution, into the largest brokerage house in America. (See TIME's special report "The Financial Crisis After One Year...

Author: /time Magazine | Title: How the Financial Crisis Reshaped Morgan Stanley | 9/22/2009 | See Source »

...election, there has been no grand new mission, no ambitious vision of remaking Germany - or Europe, or the world - on view. As the continent's largest economy, Germany could have taken a lead to ensure that the European Union came together to weather the worst economic downturn in 70 years; it did not. Germany, to be sure, has contributed 4,000 troops to the NATO mission in Afghanistan. And yet there is deepening unease in Germany about the nation's involvement in the war there. That is partly because German troops are killing and being killed in greater numbers...

Author: /time Magazine | Title: Germany's Election: Divided They Stand | 9/21/2009 | See Source »

...population of the United States over the next 10 years.' I can be very assured that I can place my bets for the company." Of course, Jackson wasn't betting that Beijing would block Coke's proposed $2.4 billion acquisition of Chinese juicemaker Huiyuan, which would have been the largest sale to a foreign company in China's commercial history. But the Ministry of Commerce blocked the deal on antitrust grounds, saying the merger would give Coke too much control of the country's juice market...

Author: /time Magazine | Title: Coke's Recession Boomlet | 9/21/2009 | See Source »

...then there's that high-def JumboTron - the world's largest - a mammoth, four-sided, Cleopatra's barge of video screens stretching 160 ft. in length. For many fans, especially the ones in the nosebleed seats, what they see on that screen will be their experience of the game. By comparison, the actual teams will be little dots scrambling on a field far below - except in the rare cases when the two worlds collide. In a much discussed incident during a preseason game at the stadium in August, A.J. Trapasso of the Tennessee Titans managed to bonk the JumboTron with...

Author: /time Magazine | Title: Inside the New Dallas Cowboys Stadium | 9/21/2009 | See Source »

...Second, we still buy a whole lot of your Treasury debt, though this is less of a weapon than is often portrayed in your press. (We have to recycle the dollars we earn from trade somewhere, and your Treasury market remains the largest and most liquid in the world. Plus, we, like the Japanese before us, have no real interest in seeing your interest rates rise and growth slow, particularly not now, and that's what would happen if we went on a T-bill buying strike.) But holding your debt does give us leverage, and we have some decisions...

Author: /time Magazine | Title: What China's Hu Would Really Like to Tell Obama | 9/21/2009 | See Source »

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