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So much for change. In the wake of the mortgage-market fiasco, in which get-rich-quick schemes alchemized in the cubicles and conference rooms of Broad Street translated into a meltdown of the international financial system, bankers have been looking for new markets to tap. But despite all talk...

Author: By Ashin D. Shah | Title: The Future of Finance? | 9/8/2009 | See Source »

Moore's admirers and detractors alike will recognize his methods in the new film: brisk, pointed synopses of complicated issues (though even a Harvard professor has trouble describing what a derivative is); sad tales of working-class families evicted from their homes because their mortgage rates ballooned; a snowbank of...

Author: /time Magazine | Title: Michael Moore's Capitalism Goes for Broke | 9/6/2009 | See Source »

If language acts as a barometer of society's changing mores and preoccupations, then in the past two years scores of people have developed an interest in gourmet sex (lovemaking that is particularly passionate and enjoyable), the mankini (a man's swimming costume consisting of a narrow V-shaped piece...

Author: /time Magazine | Title: Twitter and Gourmet Sex: They're in the Dictionary Now | 9/3/2009 | See Source »

But to be an outsider in any home is fraught, and life in the Halaby household mirrors their larger American experience. Technically, they've been welcomed, but Muna overhears Nabeel and Raghda murmuring about money woes and extra mouths to feed; he's been losing patients because he's an...

Author: /time Magazine | Title: Amreeka: A Palestinian Innocent Abroad | 9/3/2009 | See Source »

In an era of derivative-driven innovations and massive leverage, Blankfein is the firm's chief advocate for taking risks but also its chief risk watchdog. He has a far different perspective from that of most of the previous Goldman bosses. In December 2006, Viniar led a meeting of senior...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

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