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...Obama and Geithner have a long list of penalties they can impose if the banks don't do a better job of lending to small businesses or modifying home loans. And Obama's pay czar, Kenneth Feinberg, could target the bank's bonuses with what the senior bank executive calls a "crazy" pay restriction like the one Britain passed last week. But the banks are expert at staying just on the right side of the Administration's guidelines for lending, and they have many friends on the Hill who can help defuse a movement to punish the banks. Which...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...Near Global also earns a commission on all items sold. Advertisements will generate additional income. Little wonder that Near Global is talking to a potential partner about doing virtual versions of major U.S. cities, starting with New York. A virtual Tokyo is also high on the to-do list. Soon you might be able to enjoy a shopping spree that takes in Regent Street, 5th Avenue and Ginza from the comfort and relative peace of your own home...

Author: /time Magazine | Title: London Shopping Stressful? Try Virtual Oxford Street | 12/12/2009 | See Source »

Lee’s book, The Fortune Cookie Chronicles, explores the historical and cultural presence of Chinese food in America and was featured on the New York Times bestseller list as well as many prominent television programs such as The Colbert Report and The Today Show after its March 2008 publication...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Former Crimson Reporter Lee Not Divulging Post-Buyout Plans for Now | 12/12/2009 | See Source »

...case you've been under a rock for the past couple months, "The Social Network" is a movie in progress about Mark E. Zuckerberg '06-'07 and his beloved creation, Facebook. A partial cast list was released mid-October, and scenes were filmed at Harvard for a couple of days around Halloween. The movie premieres...

Author: By Xi Yu | Title: From Harvard to... Well, Fake Harvard | 12/12/2009 | See Source »

...restaurant is housed below the wooden beams of a renovated dockside warehouse and its mildly ramshackle appearance belies two Michelin stars, as well as the fact that it was named third best restaurant in the world on the prestigious annual list put out by Restaurant magazine. (No. 1 is Ferran Adria's El Bulli in Spain and No. 2 is Heston Blumenthal's Fat Duck in Britain.) The animal skin rugs thrown over the back of the chairs and the bleached wood remind you that this is ground zero for the new Nordic cuisine, in which a traditional focus...

Author: /time Magazine | Title: A Break from Global Warming: Copenhagen's Hot Restaurant | 12/12/2009 | See Source »

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