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...Still, the outcome will probably not be decided by legal documents alone. Unlike many disputes between two corporations, a portion of this case will be decided by a jury, which will probably put more weight on whether Greenberg is believable...

Author: /time Magazine | Title: Greenberg on the Stand: Is the Ex–AIG Chief Lying? | 6/17/2009 | See Source »

...head is thickly wrapped in bandages, as are two fingers on his left hand. He lifts his shirt to reveal scars on his back. But the hotel staff cooking for the rooftop diners and entertaining them with live music must have suffered a great deal more, Khan says. "That portion of the roof," he recalls, "fell completely." (Read "Why the Car Bomb Is a Terrorist's Best Weapon...

Author: /time Magazine | Title: Peshawar: More and More, A City Under Siege | 6/11/2009 | See Source »

...like any class on presentation day, there will be some sweaty palms. Bank of America and Wells Fargo say they have raised enough money to satisfy regulators, but they only detail a portion of their efforts. The Federal Deposit Insurance Corp., which also gets to weigh in on whether banks' plans are adequate, has been pushing for management changes at some of the banks. Last week, Bank of America was forced to replace its chief risk officer and four of its board members. Reportedly, the FDIC would like Citigroup to dump its chief executive Vikram Pandit. So far, members...

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

African food systems are also highly local. Most food production is consumed on the farm, and the portion marketed does not travel far. This is because of high transport costs linked to a poor road system. Roughly 70 percent of all rural Africans live more than a 30-minute walk from the nearest all-weather road, so when seasonal rains are good, surplus production cannot be moved easily for sale in another district at a higher price. Even worse for these true Locavores, when the crops fail in a drought, food supplies from nearby surplus regions cannot be brought...

Author: By Robert A. Paarlberg | Title: Harvard and Sustainable Food | 6/2/2009 | See Source »

...order to help assuage the damage from these deep cuts. But this raise in revenue still leaves many services closed come the fiscal year 2010. If Massachusetts chooses to think with moral sense and fiscal reason, it will not cut funding to some of its most helpless constituents. A portion of what it would have saved will be buoyed by the federal stimulus package and the new tax, but in the long term such dollars and cents thinking is beside the point. For a moment, policymakers need to put aside their pocketbooks and consider the quality of life...

Author: By Marcel E. Moran | Title: Kicking Those Already Down | 6/2/2009 | See Source »

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