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...Nell Minow, who is the co-founder of the Corporate Library, a research firm that tracks corporate-governance issues. "We need to launch substantive financial reform rather than weighing the faults of one firm versus another." Minow's point is this: spend too much time on Goldman and you miss the fact of how broadly the financial system and the regulations that are supposed to keep profiteers in check failed us. And she's right...

Author: /time Magazine | Title: Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown | 7/3/2009 | See Source »

...tempting for companies to miss having a foothold in Iraq," says Tariq Shafiq, director of the London oil consultancy PetroLog & Associates, and a previous executive director of Iraq's National Oil Company who helped to draft Iraq's new national oil law after the US invasion in 2003. "Where else would any company go today to have access to a field that produces two million barrels per day? There is none...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...playoffs, but he returned to play for his country in the Beijing Olympics. He carried China's flag into the Olympic stadium and led the Chinese men to the quarterfinals, where they lost to Lithuania. This past NBA season was the first since 2004-05 that he didn't miss a significant number of games due to injury...

Author: /time Magazine | Title: China Fears Yao Ming Injury Could End His Career | 7/1/2009 | See Source »

...National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal economic growth." Mohamed El-Erian, chief executive officer of bond-investing giant Pimco, has popularized a catchier...

Author: /time Magazine | Title: A Fun-Free Recovery | 6/29/2009 | See Source »

...could count Bullock's above-average pictures on one hand and not use the thumb. Her two early hits, plus A Time to Kill and the sinfully enjoyable Miss Congeniality, would just about exhaust the list. Even adding the very debatable large-ensemble Crash wouldn't give her a high batting average, considering her subpar romantic comedies (Two Weeks Notice), dramas (The Lake House) and female-bonding weepies (Divine Secrets of the Ya-Ya Sisterhood). Yet every year or so, Bullock goes back in front of the camera, trying to prove there's a place in movies for a star...

Author: /time Magazine | Title: Sandra Bullock Should Have Said No to The Proposal | 6/29/2009 | See Source »

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