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...housing crisis, too, is a political sore point. Last week Treasury announced the initial results of its program to rewrite troubled residential loans. So far, of the more than 3 million past due loans at banks participating in the government's $75 billion loan-modification program, just slightly more than 30,000 have been permanently adjusted so the mortgage holders can make lower, government-subsidized payments. That means millions of troubled homeowners and millions of potential bad loans still on banks' books, perpetuating the uncertainties and fears that can undermine any economic recovery. Obama wants the banks to move faster...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...second reason ratings might not totally tank: fans will want to know what a tour without Tiger feels like. When Woods was hurt, people wouldn't watch, because they knew he'd be back eventually. What was the point? Now, what if he never comes back? That's the longest of long shots, of course. But at this point, would anything in this story surprise...

Author: /time Magazine | Title: Can Golf Survive Without Tiger Woods? | 12/12/2009 | See Source »

Bachelet had promised before taking office in 2006 that she would not use the law in Mapuche cases. She and her government, however, insist they have no choice at this point. "We've decided to invoke the antiterror law to go after these groups of people who are set on perpetrating crimes, disorder and unrest in a region seeking peace and harmony," Chile's Deputy Interior Secretary, Patricio Rosend, said recently. (See why Chile's Atacama Desert has become a tourist destination...

Author: /time Magazine | Title: Prosperous Chile's Troubling Indigenous Uprising | 12/12/2009 | See Source »

...founders’ close friendship and dedication to their project is evident from their enthusiasm. Bick describes Winston as a director who leads by example. “At every point, Winston’s always trying to come up with a bigger and grander vision,” he says...

Author: By SOFIE C. BROOKS, CRIMSON STAFF WRITER | Title: 15 Most Interesting Seniors: Winston X. Yan | 12/11/2009 | See Source »

...that point, the other alleged participants in the plot had not yet been activated. Mohammed Ajmal Amir Qasab, the surviving gunman from the Mumbai attacks, was still struggling as a day laborer for a catering business in Lahore, according to his statement to Mumbai police. Fahim Ansari, who is on trial in Mumbai for providing maps and logistical help to the attackers, was working at a printing press in Dubai, waiting to be called up for his first session at an LeT training camp, according to a dossier on Ansari prepared by Indian authorities. Sabahuddin Ahmed, the other co-accused...

Author: /time Magazine | Title: Alleged Chicago Jihadi: Key Role in the Mumbai Attacks? | 12/11/2009 | See Source »

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