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...When the stress tests were completed last month, the Treasury Department and regulators gave banks deemed to need capital a month to detail how they would raise it. For the banks that passed the stress test, they were told to report back on how they plan to repay taxpayers. Monday, June 8, was set as the deadline for turning in those plans to regulators. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...selling new shares of stock. The result: Morgan says those stock sales and other moves will allow the bank to repay all of its TARP funds by the end of June. And Morgan won't be alone. All told, eight of the 19 banks will tell regulators that they plan to pay back their TARP funds in the near future. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

Researchers could substantially broaden their data pool by piggybacking on the NIH-funded National Children's Study, which is enrolling 100,000 women who are or plan to become pregnant, with the goal of tracking the development of children from before birth to adulthood. Tack on some questions and blood draws and suddenly you've captured a huge number of potential subjects. But expanding the study costs money. Second Wavers like Georgetown bioethicist Maggie Little have begun searching for members of Congress who are willing to take up their cause. "This issue could make somebody on the Hill a hero...

Author: /time Magazine | Title: The Risks (and Rewards) of Pills and Pregnancy | 6/8/2009 | See Source »

Wunderman had totally convinced me of his plan's merit until he told me the new constitution wasn't really going to get rid of initiatives. "If you tried to eliminate the initiative process, it would be DOA. We suggest you require that initiatives have to identify their funding source." I had never wanted Dick Cheney to take over an organization before...

Author: /time Magazine | Title: Joel Stein on California's State of Insanity | 6/8/2009 | See Source »

...want the people of Lahore, Rawalpindi, Islamabad and Multan to leave those cities as we plan major attacks against government facilities in coming days and weeks," Mehsud told the Reuters news agency...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

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