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...Empire - and the shadows they have cast over Britain - have been very good to Kureishi, providing him with two rich seams of material for his fiction. "When I was a kid, people were always talking about the death of the novel," he says, sitting in a café near his home in London's Shepherd's Bush. "But ever since [Salman Rushdie's 1981 novel] Midnight's Children, it's been terrifically lively. There's been a revolution in writing in the West. And that's thanks to colonialism." Read "God for the Godless: Salman Rushdie's Secular Sermon...

Author: /time Magazine | Title: Hanif Kureishi: Rebel With a Medal | 8/31/2009 | See Source »

...nation's economy: it's growing. Japan posted annualized second-quarter GDP growth of 3.7%, marking its first expansion in more than a year and indicating a possible end to its recession. Along with positive news from Europe, the results fueled hope that a global recovery may be near (though the U.S. continues to lag). They may also cushion the thumping expected for Japan's ruling Liberal Democratic Party in Aug. 30 elections...

Author: /time Magazine | Title: The World | 8/31/2009 | See Source »

JULY 29 The Arctic Sea's signals are detected near Portugal and France...

Author: /time Magazine | Title: The World | 8/31/2009 | See Source »

...predominantly black Thomas Jefferson High School. At 16, he applied to Harvard, solely because Harvard had gone to the school to recruit. Using a combination of financial aid and scholarships, he graduated in 1975. Ben Bernanke was in his class. In the class-of-'75 yearbook, Bernanke was pictured near Blankfein, who was wearing a fashionable houndstooth blazer with groovy wide lapels. Blankfein then enrolled at Harvard Law School, from which he graduated in 1978. "At some point, I can't say that I had a disadvantaged background," he says. "After a while, I kind of evolved into having...

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

...shares of Goldman are worth about $540 million. He bought a tony $27 million Manhattan apartment at "Wall Street's new power address," as the New York Times called it, 15 Central Park West. He also owns a 6,500-sq.-ft. (600 sq m) home in Sagaponack, N.Y., near the ocean. (See pictures of expensive things that money...

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

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