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Nonetheless, on Wednesday, in front of the Financial Crisis Inquiry Commission (FCIC), the bank executives tried to paint a picture that the failures that caused the crisis were missteps by management, sometimes even themselves, but not the result of faulty regulation. Lloyd Blankfein, CEO of Goldman Sachs, told the panel...

Author: /time Magazine | Title: Bank CEOs Continue to Fight Financial Reform | 1/14/2010 | See Source »

Big, bad carbon dioxide gets most of the attention when it comes to greenhouse gases, but it's not the only one that's warming the earth. Methane - a gas that is found in everything from landfills to cow stomachs - also plays a big role. Although global methane-emissions levels...

Author: /time Magazine | Title: How Wetlands Worsen Climate Change | 1/14/2010 | See Source »

The tragedy of the earthquake that struck Haiti on Tuesday is easy to measure in the lives lost, homes destroyed and infrastructure wrecked. The paradox of the quake is equally evident: when a natural disaster so devastating hits, oughtn't we have some way of predicting it? Hurricanes, blizzards, even...

Author: /time Magazine | Title: Could the Haiti Earthquake Have Been Predicted? | 1/13/2010 | See Source »

But Kasparov says Carlsen's mastery is rooted in a "deep intuitive sense no computer can teach" and that his pupil "has a natural feel for where to place the pieces." According to Kasparov, Carlsen has a knack for sensing the potential energy in each move, even if its ultimate...

Author: /time Magazine | Title: A Bold Opening for Chess Player Magnus Carlsen | 1/11/2010 | See Source »

"It's a problem," admits Mordecai-Mark Mac Low, an astronomer at New York's American Museum of Natural History. Or, rather, it was a problem - but Mac Low and his collaborators may have solved it. In a paper recently submitted to the Astrophysical Journal, they say that the old...

Author: /time Magazine | Title: A New Theory on Why the Sun Never Swallowed the Earth | 1/10/2010 | See Source »

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