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Dates: during 2000-2009
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Kenneth Lewis' days as chief executive of Bank of America may finally be numbered. Observers and investors say a settlement with the Securities and Exchange Commission may ultimately cost Lewis the top job at the nation's largest bank...

Author: /time Magazine | Title: SEC Settlement May Threaten BofA CEO | 8/4/2009 | See Source »

...tide of tattoos, leather and thousands of thundering Harleys will surge into South Dakota this week for the Sturgis Motorcycle Rally, one of the largest biker gatherings in the world. The small town's population will grow more than sixtyfold as crowds of iron-horse lovers take in a week of open roads, flowing booze and hard living. The rally attracts more than its share of weekend warriors eager for a brief interlude of escapist revelry. But for thousands of members of the Hells Angels, the nation's most notorious motorcycle gang, it's not vacation...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

...while there, it looked like the doomsayers would be proved right. On July 29, the Shanghai Composite Index lost as much as 7.7% of its value before ending the day down 5% on record-breaking trading volume of $43.3 billion. The sell-off was the largest one-day decline in Chinese stocks in eight months, and set off panic purging in Hong Kong, where the Hang Seng Index lost 2.4%. Even the U.S. got dinged, with the Dow Jones Industrial Average ending the day off by 26 points...

Author: /time Magazine | Title: China's Soaring Stocks Pose Risk to Global Markets | 8/3/2009 | See Source »

...from imposing loan quotas to control bank lending. The next day, the Chinese banks that were said to be cutting back on credit denied they would do so. On July 31, the Shanghai index rebounded 2.7%, the biggest rise in two months; China stocks in July rose 15%, the largest monthly gain since 2007. (See pictures of China's infrastructure boom...

Author: /time Magazine | Title: China's Soaring Stocks Pose Risk to Global Markets | 8/3/2009 | See Source »

...networks of bazaaris as well as their business networks were so intertwined with the Shi'a clergy that Iran experts spoke of the "bazaar-mosque" alliance as the main reason for the toppling of the Pahlavi monarchy. But is that alliance still holding strong in the wake of the largest protests in Iran since 1979? Could opposition leader Mir-Hossein Mousavi persuade the bazaaris to strike in support of him? (See pictures of the turbulent aftermath of Iran's presidential election...

Author: /time Magazine | Title: Iran's Wall Street: Whom Does the Bazaar Back? | 8/3/2009 | See Source »

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