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...order to dodge the press. These were the men who - in the wake of WW I and the economic destruction it wrought - returned the world to the gold standard, used interest rates to bolster the value of currencies and let stock speculation run rampant. In short, they helped lay the groundwork for the Great Depression. In Lords of Finance: The Bankers Who Broke the World, investment manager Liaquat Ahamed tells the story of these men - a tale with plenty to resonate with today's economic malaise. TIME's Barbara Kiviat spoke with...

Author: /time Magazine | Title: Q&A: Lessons from the Great Depression | 1/6/2009 | See Source »

...noticed that Tim Weiner's book Legacy of Ashes has become a report card for the CIA, a final and damning indictment. But what the lay reader might miss is that, while Legacy of Ashes catalogs the failed covert operations and finished intelligence manipulated by the White House - in other words, the politicization of the CIA - it fails to acknowledge the agency's successes. There's more than enough truth in Weiner's book, but what it misses is the point that when the CIA is left to the basics, it does just fine, thank...

Author: /time Magazine | Title: Leon Panetta: An Intel Outsider the CIA Needs | 1/6/2009 | See Source »

...focus shifted to defense, our offense followed, and that is what allowed us to get out in front in overtime.” The Crimson entered overtime play with grim determination. It scored the first seven points of the stanza to pull ahead, 76-74. The Huskies refused to lay down without a fight, and promptly dropped a three-pointer with only three minutes left on the clock to bring them within two possessions of a win, 74-70. Then with less than 50 seconds left, freshman Brogan Berry hit two critical free-throws for Harvard to push the Crimson...

Author: By Stephanie Krysiak, CRIMSON STAFF WRITER | Title: Harvard Avoids Northeastern Upset in OT Victory | 1/4/2009 | See Source »

...great teacher and investor with a gentle and loving disposition, Sir John Templeton, who died on July 8 at 95, pioneered value investing beyond U.S. shores long before global investing became commonplace, and that made him a financial legend. His success lay in patiently waiting for prices to reach "points of maximum pessimism." In addition to leading me into global emerging markets by asking me to manage the first Templeton emerging-markets fund, he taught me and others how to become investors by pursuing long-term goals and undervalued securities. He taught us that in order to find the best...

Author: /time Magazine | Title: Sir John Templeton | 12/29/2008 | See Source »

...Reilly said on Nov. 18, 2005. "Because if you look at what happened in Western Europe and Canada, if you can get religion out, then you can pass secular progressive programs like legalization of narcotics, euthanasia, abortion at will, gay marriage." In an interview with National Review, Gibson lay blame for the phenomenon at the feet of the American Civil Liberties Union: "Generally there is an ACLU component to the Christmas controversy...

Author: /time Magazine | Title: The War on Christmas | 12/24/2008 | See Source »

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