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Team president Thomas Keller, chef at the French Laundry, signed on when he was approached by none other than Bocuse himself. "When Monsieur Bocuse asks you, you say 'Yes, Chef,' " he explains. Keller transformed his father's old house, located next door to the Napa Valley restaurant, into a training center for Hollingsworth and Guest, and together with New York City?based four-star chef and honorary Bocuse president Daniel Boulud, raised $500,000 for the team. Their aim, Boulud says, was "to show what amazing food we cook...

Author: /time Magazine | Title: Food Fight at the Bocuse d'Or | 1/29/2009 | See Source »

...next to stabilize the banks and the housing market. The Administration is weighing approaches that range from buying up banks' bad assets or guaranteeing the solvency of banks that hold them to taking an even larger ownership stake in the institutions and then pouring more cash directly into them. None of the options, Obama Administration officials admit, are ideal...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...Clinton's last Treasury Secretary, Summers championed regulatory reforms that relaxed New Deal-era restrictions on banks - a shift that some economists have blamed for the current financial crisis and that Obama criticized during the campaign. None of these controversies gave the candidate pause last summer when he invited Summers into his inner circle for briefings on the deteriorating economy. As both a campaign and a White House adviser, Summers helped guide Obama's conviction that the economic crisis was an opportunity as well as a curse, a chance to accelerate many of his campaign pledges. In a column about...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

Realizing that none of its proposals are likely to be adopted in the current economic climate, the Task Force on the Arts will revise its report to include faculty snack time, story time (“childhood literature”), and play time (“dramatic arts”). In its frustration it will also throw paint Picasso-style at University Hall and title it “Greensplat...

Author: By Maxwell L. Child, Emmeline D. Francis, Daniel E. Herz-roiphe, Emma M. Lind, Marcel E. Moran, Alix M. Olian, Ramya Parthasarathy, Jessica A. Sequeira, and James M. Wilsterman | Title: Predictions | 1/28/2009 | See Source »

...None of that is to say, however, that the Administration is going to buy India's line that the U.S. should butt out of Kashmir. The President himself plainly believes there's a role for the U.S. to play. In an interview with TIME's Joe Klein in October, Obama said that "working with Pakistan and India to try to resolve the Kashmir crisis in a serious way" would be a critical task. The key, he said, was to "make the argument to the Indians, 'You guys are on the brink of being an economic superpower, why do you want...

Author: /time Magazine | Title: Will Kashmir Be an Obama Foreign Policy Focus? | 1/28/2009 | See Source »

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