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...near cinematic display of favoritism--the top bank regulator chumming it up with someone he is supposed to regulate--reinforced Italy's nearly mythic status as Europe's most rigged economy. The scandal created a major crisis for the government of businessman Silvio Berlusconi, itself no paragon of arm's-length transactions. Yet even Berlusconi finally found enough moral high ground to call on Fazio to resign his lifetime post after Finance Minister Domenico Siniscalco quit in protest when his calls for Fazio to step down had no effect. Siniscalco's replacement, Giulio Tremonti, who clashed with Fazio...

Author: /time Magazine | Title: Can You Bank on Italy? | 10/9/2005 | See Source »

...white goatee and neat brown hair common on billboards and TV screens from Jakarta to Johannesburg. And in August, he returned to host a second series of the blockbuster television game show Kaun Banega Crorepati, the Indian version of Who Wants to be a Millionaire? "He's a mythic figure," says Bend it Like Beckham director Gurinder Chadha. Bachchan's friend, Reliance billionaire Anil Ambani, calls him "the biggest star India has ever known...

Author: /time Magazine | Title: The Big B | 9/26/2005 | See Source »

This tragedy, however, should make us take an account of ourselves. We should not allow the mythic significance of this moment to pass without proper consideration. Let us assess the size of this cataclysm in cultural terms, not in dollars and cents or politics. Americans are far less successful at doing that because we have never understood how our core beliefs are manifest in culture--and how culture should guide political and economic realities. That's what the city of New Orleans can now teach the nation again as we are all forced by circumstance to literally come closer...

Author: /time Magazine | Title: Saving America's Soul Kitchen | 9/11/2005 | See Source »

...their land. De Beers LV, the retail joint venture with LVMH, is operated independently of the parent company but has still drawn the ire of human-rights activists. Undaunted by such controversy, De Beers LV CEO Guy Leymarie says, "Our business here is to seduce the consumer with a mythic name...

Author: /time Magazine | Title: Rough Cut To Retail | 7/18/2005 | See Source »

After covering the past 16 Super Bowls, Sport Writer Tom Callahan qualifies as an expert on America's football classic. To get a unique perspective on these near mythic contests, as well as round out his cover stories on the mighty Chicago Bears as they head into Super Bowl XX against the New England Patriots, Callahan compiled vignettes on 19 former participants, one from each game. For some, Super Sunday has receded in memory as just another day on the job; for others, it has made the rest of life anticlimactic. Taken together, says Callahan, their tales convey "a feeling...

Author: /time Magazine | Title: A Letter from the Publisher: Jan. 27, 1986 | 6/21/2005 | See Source »

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