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...number of players and would probably be good for the banks as well. Most financial firms are trading at very low multiples these days because of their inherent trading and balance-sheet risks. Most investors just can't understand them. They are too much like black boxes. Once you lessen the risk, the value of the strong underlying banking franchises ought to be more visible and appreciated. (See TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...than any other game of athletics." The game has always been a laboratory for traits like teamwork, discipline and perseverance. If it is to remain a metaphor for American exceptionalism, however, we can't let it leave so many victims in its wake. Here's a game plan to lessen the pain...

Author: /time Magazine | Title: The Problem with Football: How to Make It Safer | 1/28/2010 | See Source »

...subsidies—a surcharge on the rich in the House of Representatives, a tax on “Cadillac plans” in the Senate—taxes that could have gone exclusively to reducing the deficit. And the CBO warns that the deficit will lessen only if Congress cuts billions from Medicare. Yeah right...

Author: By Brian J. Bolduc | Title: Kill Obamacare | 1/26/2010 | See Source »

Then again, Lieberman would be wise to remember that the 2010 midterm elections are coming, and some election watchers are predicting the Democrats could pick up one or two more seats. That would be enough to lessen Lieberman's pivotal importance to the party - and his appearances on the Sunday talk shows as well...

Author: /time Magazine | Title: Can the Dems Keep Putting Up with Joe Lieberman? | 11/13/2009 | See Source »

...recently elected Japanese Prime Minister Yukio Hatoyama, in his historic win, pledged to lessen the burden for local Japanese residents caused by the presence of the U.S. military, sparking fears that Japan would no longer be a steadfast ally in the military realm. The American military presence on Okinawa has been a sore spot in U.S.-Japan relations for decades because of its perceived negative social and economic effects on local communities. Okinawa is home to about two-thirds of the total 47,000 U.S. military personnel stationed in Japan. The 2006 agreement was pushed along following a 1996 conviction...

Author: /time Magazine | Title: Japan Protests U.S. Military Ahead of Obama Visit | 11/9/2009 | See Source »

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