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...mend. In January, CEO Vikram Pandit said his firm had made enormous progress in 2009. And in February, Citi launched a blog to note that among other things, the bank's focus is "Our Clients. Period." But there is one area where the bank says it is no longer exceptional: it's no longer taking U.S. government handouts...

Author: /time Magazine | Title: Citi and the Government: Still a Close Relationship | 3/4/2010 | See Source »

...financial crisis. But because the government owns common stock and not preferred, the Citi deal is unlike any of the hundreds the Treasury has struck with other banks that have participated in the program. Nonetheless, on Dec. 23, Feinberg issued Citi a letter saying the bank would no longer be subject to his executive-pay review...

Author: /time Magazine | Title: Citi and the Government: Still a Close Relationship | 3/4/2010 | See Source »

...front of millions of people - was different from that of most Oscar winners, who have complicated agendas they need to get across in 45 seconds. The only time I accomplished something this difficult in 45 seconds was in high school, and I had intended to make it last much longer. (See pictures of Star Trek's greatest villains...

Author: /time Magazine | Title: My Oscar Thank You Speech (for Sound Mixing) | 3/4/2010 | See Source »

Lloyd used to own racing bikes, and he confesses to hitting speeds of 130 m.p.h. on empty, straight roads. He no longer does it, he says, because he has a family. "I know how I am - I have to go fast, you know, and pop wheelies," he says. "I have family and kids. It's not worth...

Author: /time Magazine | Title: Florida's Fast Motorcyclists Are a Growing Menace | 3/3/2010 | See Source »

Still, Liberti says Sarkozy's overtures may bear fruit in the longer run - especially considering the perceptions in both countries that the Obama Administration has little interest in Europe or Russia. "That's a gap in which Sarkozy could create a special Franco-Russian relationship, which over time could be expanded to establish a wider economic and security arrangement between Europe and Russia," Liberti explains. Such a development would behoove both sides - and mark a rare case of a good collective result arising from individual cynicism...

Author: /time Magazine | Title: Why France Is Selling Warships to Russia | 3/3/2010 | See Source »

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