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...part, Citigroup says its turnaround plan - which has effectively split the company in two - is working. And while Citi Holdings, in which Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...provide healthcare, we must consider the people beyond those wearing white coats. Whether we move towards a single payer system, more socialized physician groups, or a different iteration of systems already in practice across other developed nations, we cannot leave citizens of the lower class with pills and no plan. We must provide ample support to human and social services, and non-profits and local clinics. I have seen adults, children, and infants experience their quality of life improve because professionals of all kinds worked together on their behalf. To care for the whole person, you need the whole team...

Author: By Marcel E. Moran | Title: Teamwork Healthcare | 7/23/2009 | See Source »

Obama has directed his staff to develop their own plan for tackling abortion reduction, and he is reportedly aiming to make an announcement about those efforts in August. The White House has conducted meetings with a broad array of pro-life and pro-choice advocates. But getting opponents to sit down and talk about abortion is only the first step. So instead of reinventing the wheel, Obama should use the newly introduced House bill as the model, DeLauro says, adding, "We've already done all the work here...

Author: /time Magazine | Title: Finding Common Ground on an Abortion Bill | 7/23/2009 | See Source »

...proposals? Why hasn't the White House been more transparent about the policymaking process, as then candidate Obama promised? Would he insist that members of Congress face the same limits on choice and access to care as the people getting their insurance from the new public health-care plan he advocates? Those were among the excellent questions hurled at the President, and he countered only with partial responses and vague rhetoric...

Author: /time Magazine | Title: Obama's Health Push: Too Few Details, Too Many Questions | 7/23/2009 | See Source »

...wants to get some sort of plan through Congress, Obama has no choice but to continue his full-court press of public advocacy for the rest of the summer and into the fall. It is true, as he points out, that much legislative progress - almost exclusively managed by his own party - already has been made. And he is correct that the current health-care system is both fiscally and morally unsustainable. But his high-profile prime-time performance, with insufficient specificity, scant new data and too many unanswered questions, likely did little to help his cause...

Author: /time Magazine | Title: Obama's Health Push: Too Few Details, Too Many Questions | 7/23/2009 | See Source »

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