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...Century Bank, for example, boosted its net interest earnings, a key measure of profitability for banks, nearly 20%, to $12.6 million, in the second quarter of this year. Yet in early August the government decided to send the bank $50.2 million in TARP funds. U.S. Century executives say they plan to use the money to increase lending and boost profits. "The banks that are getting the TARP money now really don't need it," says Steve Verdier, who heads government affairs for the trade group Independent Community Bankers of America. His organization favors extending TARP funds to banks that...

Author: /time Magazine | Title: As Economy Improves, Bank Bailouts Persist | 9/23/2009 | See Source »

...attacking Joseph Stalin.) "Are there any more questions?" asked David Mitchell, a British comedian and Observer supporter, who was drafted to chair the meeting. "Yes," came a voice. "What do we do next?" "Literally," answered Mitchell, "we all go and have a drink." Nobody present offered up a better plan...

Author: /time Magazine | Title: After 208 Years, Is Britain's Observer Near the End? | 9/22/2009 | See Source »

...prepare for the virus. But people who study risk have advice of a different sort. They recommend seeking out information and not relying on emotion alone. Often, the best information can be found by checking with multiple sources - the kind that don't always agree. Come up with a plan for how you might stay home with your children for a week, if need be. Give your brain something to do. Be careful about relying too much on TV news, a highly emotional medium. The brain can stagnate if it marinates in fear for too long...

Author: /time Magazine | Title: Learning to Live with Fear of the Flu | 9/22/2009 | See Source »

...than out of genuine concern. Nutrition fact placards disappeared when some people complained, for instance, but they later came back—sort of—in the form of printouts available somewhere in each dining hall. (Even The Crimson remains confused by HUDS’s quirky new plan for nutrition info...

Author: By Alexander R. Konrad | Title: Swining and Dining | 9/22/2009 | See Source »

...Sarkozy's plan has largely failed, and the immigrant flow continues. Refugee organizations and locals, who for years have witnessed the flow of immigrants, see little hope of success from Tuesday's crackdown. "They can destroy the Jungle, but in a month's time, it will be rebuilt," says Annick Decrinier, a retired teacher in Calais who has volunteered at a lunch program for illegal immigrants since 2001. "I am certain that the way we are dealing with this is not a solution." (Read "Sparks Over Sarkozy's Afghan Plan...

Author: /time Magazine | Title: Will France's Immigration Crackdown Solve Anything? | 9/22/2009 | See Source »

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