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...conspicuously not the case with health care reform, the Administration has laid out specific changes it wants to see in financial oversight. In June, Geithner released an 88-page paper with proposals to address just about everything that went wrong before the meltdown, from unregulated brokers who peddled toxic subprime mortgages with brutal fine print to in-the-tank ratings agencies that vouched for house-of-cards financial instruments they didn't even understand. He proposed much tougher oversight of derivatives, hedge funds and nonbank financial firms like AIG, as well as so-called resolution authority to help public officials...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...roles in composing and circulating the fake list. "After many years of torment, my innocence has been recognized," a solemn but relieved-looking de Villepin said outside the same courtroom where Marie-Antoinette was sentenced to the guillotine in 1793. "I harbor no rancor. I want to turn the page...

Author: /time Magazine | Title: Sarkozy Foe de Villepin Free of Smear Row | 1/28/2010 | See Source »

...Does the press focus exclusively on process? The media are consumed with a proverbial turning-of-the-page, the tension between the White House and Democrats on Capitol Hill and the perils-of-Barack drama. Obama has to get the postspeech coverage to evaluate the substance of his proposals and his thematic vision of the country, rather than just focus on his droopy poll numbers and the loss of that Massachusetts Senate seat...

Author: /time Magazine | Title: Five Ways to Judge the State of the Union Address | 1/27/2010 | See Source »

Finally, both parties must make a more conscious effort to explain the details and potential impact of their legislative work. No American can be expected to peruse the 2,000-page document to formulate an opinion on the bill. This bill will dramatically affect all Americans and therefore must be made accessible and comprehensible to the public. Elected leaders must take it upon themselves to ensure that their constituents are knowledgeable about the significance of reform, in an accurate, unbiased manner...

Author: By The Crimson Staff | Title: Brown Wins | 1/26/2010 | See Source »

...These two complementary and beautifully produced books belong to Wolf's larger, long-term project of documenting his adopted city. The slimmer volume, Outside, brings together his depictions of Hong Kong's hulking, close-packed apartment complexes, seen as megaliths and reduced to hard graphic planes. In page after page of images framed to reveal neither sky nor street, the viewer perceives not Hong Kong's iconic skyline but only dizzyingly repetitive patterns of verticals, both impressive and oppressive in their tyrannical two-dimensionality...

Author: /time Magazine | Title: Photographer Michael Wolf's Tall Order | 1/25/2010 | See Source »

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