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...December, Citi and the feds struck a deal to get the bank out from under the government's most stringent pay rules. Citi paid back $20 billion of the money the government lent the bank, and the Treasury Department agreed to declassify Citi as one of the firms deemed to be receiving "exceptional financial assistance." (See the best business deals...

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

...idea that Citigroup has paid back its [Troubled Asset Relief Program] money is a charade orchestrated by the government to allow an insolvent bank to pay big bonuses," says Christopher Whalen, who follows Citi and other banks at Institutional Risk Analytics. "It's a scandal...

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

When Google first announced that they might pull out of the country, the initial reaction of its employees was a skeptical one, Soo said, as the company was pouring a substantial amount of money into China and receiving noticeably smaller returns...

Author: By Sirui Li, CONTRIBUTING WRITER | Title: Expert Panel Discusses Censorship in China | 3/3/2010 | See Source »

...some ground, scattering Pakistani Taliban in South Waziristan and Swat, but the real challenge lies ahead: how to rebuild a fiercely independent tribal society that has been shredding apart since the 1980s, when the Soviet war in Afghanistan brought in legions of revolutionary preachers and militants - armed with guns, money and the austere Salafist doctrine of Islam - who never departed...

Author: /time Magazine | Title: Pakistan's Taliban War: Bringing Back the Music | 3/3/2010 | See Source »

...fast projects - small dams or marble quarries, for example - and get them built and working under the protection of those tribes that will benefit directly. Only this way, say officials, can the tribes turn away from the militant-run enterprises - banditry and running guns and drugs - that earn them money...

Author: /time Magazine | Title: Pakistan's Taliban War: Bringing Back the Music | 3/3/2010 | See Source »

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