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The very popularity of this “science of happiness,” though, suggests that its appeal didn’t lie in the science alone. Pure data sets rarely inspire anyone to grand existential epiphanies. (Does anybody actually read the American Journal of Psychology for fun?) The...

Author: By Jessica A. Sequeira | Title: Squeezing the Lemon | 5/14/2009 | See Source »

What's the big news? The big news is that Trevor Manuel, finance minister since 1996, stays - but in a new role, as head of a new planning commission which will act as watchdog and overseer of all government departments. This is good. Manuel is widely respected inside and outside...

Author: /time Magazine | Title: Zuma's First Moves as South African President | 5/11/2009 | See Source »

Every action movie needs an evil overseer to harness, exploit and misuse the hero's reckless powers. In Wolverine it's a U.S. Army colonel, Stryker (Danny Huston), who recruits the Howlett boys for his top-secret platoon of misfits, each with a special skill. The dirty half-dozen includes...

Author: /time Magazine | Title: Wolverine: There Ain't No Sanity Claws | 4/30/2009 | See Source »

Compounding that problem, from a businessman's point of view, is the way the Obama Administration treats Fannie and Freddie as part of the federal government. James Lockhart, the director of their new overseer, the Federal Housing Finance Agency, has said they are to act as an "arm" of the...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

The International Money Laundering Abatement and Financial Anti-Terrorism Act of 2001 makes it illegal for a bank to accept funds it knows, or has reason to believe, were derived from fraud. In addition, it's obliged to report its suspicions to authorities. A tangle of federal and state agencies...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

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