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...money, it's a bit pointless too. Because to some extent, Wall Street's pay and its problems really are misunderstood. (Stop snickering! It's true.) Even though "Wall Street" means the nation's big financial and investing operations, not a geographical location, a disproportionate number of Street people live in Manhattan. Things in the desirable parts of that borough are expensive beyond belief, especially if you have children and feel the need to send them to $40,000-a-year private schools. But these people choose to live in Manhattan...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...ensuing horrors began on Wall Street. However, Main Street is not a totally innocent lamb in all this. Yes, the greedheads tempted us with mortgages and other products we couldn't afford. But you could have said no, as many of us did. And you could have tried to live within your means or, better yet, below them, instead of falling prey to financial fantasies...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...against the genre: It’s always the same old song and dance.Yet first-generation South Asian immigrants, often guilty of penning the most terrifically clichéd novels of all, are also the most powerfully placed to guide the way out. Many Indian writers working in English live in the States or visit often, and they usually have the political freedom and socioeconomic means to innovate. Classmates in Jhumpa Lahiri’s creative-writing workshop at Boston University envied her for never having to cast about for topics, her own Bengali heritage lending her exotic source material...

Author: By Jessica A. Sequeira | Title: The Occidental Tourist | 10/29/2009 | See Source »

...Swat refugee crisis earlier this year, the demands of hospitality can be heavy. In a rural suburb of Dera Ismail Khan, Hayat Khan, 55, gives a tour of a cramped, mud-walled two-room home where he brought 10 members of his family to join the 12 who already live there. A deep hole in the ground serves as a makeshift toilet. Barefoot children run around, their hair streaked red and large brown spots on their faces - both signs of severe malnutrition...

Author: /time Magazine | Title: Fear and Uncertainty for New Wave of Pakistan Refugees | 10/29/2009 | See Source »

...Helping the security effort in Dera Ismail Khan are some of its most unusual residents: the so-called good Taliban. In a small, nondescript house deep inside the town live the successors of the late militant leader, Abdullah Mehsud. Once the object of the army's fury, the group has since rediscovered favor as the enemy's enemy. Baitullah Mehsud, the Pakistani Taliban leader who was killed in a CIA-operated drone strike in August, had murdered two of their leaders, and they want revenge against his successors. (Read "Are the Taliban Leaders Fighting Among Themselves...

Author: /time Magazine | Title: Fear and Uncertainty for New Wave of Pakistan Refugees | 10/29/2009 | See Source »

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