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...could investigate such potential banking duplicity, but for national banks like JPMorgan Chase the first overseer is the Department of the Treasury's Office of the Comptroller of Currency. OCC examiners conduct on-site reviews of national banks and provide supervision of bank operations. For OCC to investigate, it must first get a Suspicious Activity Report (SAR) from the Financial Crimes Enforcement Network (FinCEN), also part of Treasury. But for FinCEN to act, it must receive a confidential SAR from a bank. No report, no investigation. In the case of JPMorgan Chase, SARs are issued by the director of global...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

...Despite the public's justifiably poor opinion of many of the actors that inhabit the financial sector, spreading the blame will only hasten the economy's decline. In order for the economy to recover, the market must recover. And in order for the market to recover, America's antipathy toward the financial system must pass. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Why the People Who Broke the Financial System Will Profit | 3/25/2009 | See Source »

...supposed to do?' " Similarly, a parent might tell a kid, "Take my keys, go to the car, get your sister's toy, and before you go, take the trash with you." The ADHD kid will get to the car without remembering what else to do. Their instructions must be broken down carefully because their working memory is weak...

Author: /time Magazine | Title: Kids with ADHD May Learn Better by Fidgeting | 3/25/2009 | See Source »

...country. Streamlining the industry by eliminating medical errors, labor costs and general clunkiness caused by paperwork alone could save an estimated $300 billion each year, according to the national coordinator for health information technology under former President George W. Bush. The consensus, of course, is that we must go paperless: link hospitals, doctors' offices and clinics via an interactive digital grid that allows patient histories, test results and other data to be called up at a keystroke and transmitted anywhere. Hospitals have been slowly converting to electronic health records (EHR) for several years, but with health-care reform, at last...

Author: /time Magazine | Title: Electronic Health Records: What's Taking So Long? | 3/25/2009 | See Source »

...message was delivered - though it was, one must say, a big shift from the last time Obama messed up the prime-time television schedule for a press conference. Six weeks ago, he had a different message: The nation was facing a financial abyss, he explained, and lots had to be done, and fast, to prevent a prolonged economic catastrophe. Now he had returned to the same format to say that that the ship was slowly turning and the problems would be solved. Teachers and police officers were keeping their jobs, he said in his introduction, reading from a large...

Author: /time Magazine | Title: Obama's 'Persistent' Presser: Message Accomplished | 3/25/2009 | See Source »

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