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Still, there are some major differences between the FCIC and the 9/11 commission. The FCIC does not have to deal with a President and an Administration that was in power when the event happened, though the Obama team will probably try to deter any criticism of how the current President responded to the crisis. Another major difference is that most of the major actors in the financial crisis are U.S. citizens, making it easier for the FCIC to subpoena, which Angelides has said he will do, to question the people at the heart of the crisis...
...adapt, Indian companies are establishing major local operations around the world, in the process hiring thousands of Brazilians, Chinese, Eastern Europeans and others. The need to train new recruits in multiple countries is a major test for Indian management, and has sparked a few cultural conflicts as well. Cesar Castelli, the São Paulo - based president of TCS in Brazil, says that the company has had difficulties squeezing more free-spirited Brazilians into an Indian corporate environment run on strict hierarchy and a devotion to internal rules. "Indians say 'Yes' and Latins say 'Why?,'" he quips...
...millennium 4,709 times.) In TIME's pages, writers predicted cures for the common cold and baldness (sadly, no). We would give up meat. Religion would replace politics as the prime shaper of American society (sure feels that way sometimes). Retirement would disappear (sadly, yes), along with much of major league baseball. Teeth would become a fashion accessory, like fake nails, and the only thing we wouldn't be doing online is brushing them. (See the top 10 everything...
...least eight people were killed and hundreds more arrested in the most violent antigovernment protests in Iran since those that followed June's disputed presidential election. Authorities accused foreign governments of backing the demonstrations, which were held as Iran marked the major Shi'ite holiday of Ashura. Among those killed was 43-year-old Ali Mousavi Khamane, nephew of opposition leader Mir-Hossein Mousavi...
...Mamet's reputation as a major playwright rests on a surprisingly slim body of work, rapidly receding into the distance. Only two or three of his plays--American Buffalo (1975), Glengarry Glen Ross (1983) and perhaps his scalding one-act Edmond (1982)--can fairly be called masterpieces. What's more, Mamet, 62, has been on a steady downhill slide for nearly two decades, bottoming out with his labored period piece Boston Marriage, in 1999, and his brutally unfunny political farce November, which landed on Broadway two years...