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...happy and relieved East Peoria, Ill., widow who in 1934 was the first American to get her little pile of savings back from the feds after a terrifying run on her local Fon du Lac State Bank. Now, almost 75 years later, the FDIC has been busy projecting a newer face, and it belongs to Sheila Bair, a 54-year-old lawyer from Kansas...

Author: /time Magazine | Title: The FDIC's Boss: Sheila Bair, America's Passbook Protector | 10/16/2008 | See Source »

...save on therapy. Previous Neorests have come with a device that imitates the sound of water flushing - presumably to disguise any other sounds emanating from the bathroom. But the newer model has a sound system that accommodates an SD memory card, and comes preprogrammed with 18 soundscapes. Some of them - the pounding of the ocean, the Lite FM jazz - appear to be designed to promote meditation. Others - classical music, running water, classical music played over running water - appear to be inspirational. Still others - there's a sort of marching tune in there - are more of the get-on-with...

Author: /time Magazine | Title: Just What the Economy Needs: A $5,000 Toilet | 10/10/2008 | See Source »

...said, when art is supported by non-neutral institutions, such as governments, which may seek to conform art to their own expectations or beliefs. Garber also noted the tension between the commercial and the exploratory sides of art, stating that while “older art is deeply valued, newer art is sometimes suspect.” Patrons are wary of supporting risky, edgy and unsanctioned art, which may be less commercially successful than art that is traditional and accepted, she said. Audience members who were involved in the arts said they agreed with many of Garber?...

Author: By Liyun Jin, CONTRIBUTING WRITER | Title: Professor Urges End To Supression of Arts | 10/8/2008 | See Source »

...other leading House Republicans have had no time to lick their wounds. With the Senate passing a newer version of the financial stabilization bill Wednesday night - bailout is all but a banned word on Capitol Hill now - the uncomfortable spotlight is once again focused on Boehner's ability to deliver enough Republicans. The sweeteners added to the basic plan - including an extension of popular energy and business tax cuts and an increase to $250,000 in the amount in individual bank accounts that the FDIC will insure - should help. But if Boehner is once again unable to deliver the necessary...

Author: /time Magazine | Title: The Bailout Spotlight Returns to the House — and John Boehner | 10/2/2008 | See Source »

...values like loyalty to employers and affiliation to employees are still meaningful," says Barjatya. "For example, an established production house like Rajshri pays old employees' medical bills even though we're not legally obligated to. And workers remain loyal to us in view of that." But as newer production houses come in and existing ones get more professionally managed, it's clear that a system of legally enforceable rules that will apply equally to everyone is needed...

Author: /time Magazine | Title: The Bollywood Strike Hits Festival Season | 10/2/2008 | See Source »

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