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...those plans, no matter how well-intentioned they may seem, are unnecessary now. Wells Fargo (WFC) indicated that it made about $3 billion in the first quarter of the year and declared its buyout of the deeply troubled Wachovia to be a success. Wells Fargo (WFC) said that the low cost of money from the government combined with a surging demand for mortgages was all the medicine that it required...

Author: /time Magazine | Title: More Quickly Than It Began, The Banking Crisis Is Over | 4/10/2009 | See Source »

...Inspired by the work of artist Shepard Fairey—best known for his “Hope” poster featuring President Obama—the day-long lecture series provided historical, theoretical, and practical insights into the relationship between design and society. The lectures ranged in subject matter, from the ways in which the Obama campaign used design to the controversy surrounding intellectual property that was sparked by Fairey’s use of an Associated Press photograph in his “Hope” poster. Steven Heller, who has acted as an art director...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: ICA Talk on Social Agency and Design | 4/10/2009 | See Source »

...desires—“Fork in the Road” notoriously postponed the much-awaited release of Young’s archival recordings among its other arguable faults. But Neil Young has indeed attracted a fan base that will remain loyal to him no matter what sudden impulses he may follow. While Young’s latest “Fork in the Road” will not affect his career one way or another, it is unlikely to be a timeless benchmark in the Neil Young canon...

Author: By Susie Y. Kim, CONTRIBUTING WRITER | Title: Neil Young | 4/10/2009 | See Source »

...municipal authorities appealed to the Kreditanstalt für Wiederaufbau, or KfW, Germany's Marshall Fund-era state-owned bank for reconstruction and development, to buy out AIG and replace it as their credit insurer. The plan might work, but KfW is reluctant. "We are looking into the matter," a KfW spokeswoman says...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

...bragging rights you'll have to head deep into the Peten jungle, where you'll find the ancient city of El Mirador. Dating back to 300 B.C., it's about a century older and more than twice the size of Tikal. And while getting to Tikal is a simple matter of climbing into an air-conditioned vehicle, to get a glimpse of El Mirador's monumental temples you need to trek your way through the jungle - the nearest road is about 45 miles (75 km) away...

Author: /time Magazine | Title: Jungle Gym: Maya Ruins in Guatemala | 4/8/2009 | See Source »

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