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...question of the week. Just a few months after the near meltdown of the financial system, Citi, JPMorgan Chase and Goldman Sachs all reported billion-dollar-plus profits for the quarter ending March 31. Wells Fargo, which won't be releasing its earnings numbers until next week, preannounced on April 9 that it made about $3 billion - a record for the firm. (See pictures of the dangers of printing money...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

...never seen anyone as quiet as he was. Shyness didn't even seem to do it justice, because it would take him 10 to 20 seconds to respond to a question. He wore dark sunglasses so you could just see your own reflection in them. And he had a hat pulled down over his face, so it was difficult to see who he was. When he did answer, it was in a whisper ... It did seem to both Cheryl Ruggiero and to me that he was depressed. But of course I'm not a psychiatrist...

Author: /time Magazine | Title: Virginia Tech, Remembered | 4/16/2009 | See Source »

Clark says the real power of the cartels is corruption, a problem the U.S. President can do little to stop. "Obama cannot offer very much," says Clark. "This is not a question of hardware. We can have hundreds of Black Hawk helicopters, but this will not stop the cartels as long as they keep bribing large amounts of police and soldiers. We have to deal with the issue of corruption by a major change in our political culture. This is our problem...

Author: /time Magazine | Title: For Mexico's Drug Wars, Obama's Visit Promises Help | 4/16/2009 | See Source »

...question of Kazmi's fee was then the subject of a heated exchange. Kazmi had made a request for a special undisclosed fee, different from what would normally be granted to a court-appointed lawyer in Mumbai - Rs. 900 (about $18) for the entire case. The fee is shockingly small even by the standards of India's poorly paid junior lawyers, but the prosecutor in the case, Ujwal Nikam, objected vehemently to Kazmi's request. He argued that making an exception would encourage other court-appointed lawyers to demand special fees in future cases. Qasab's lawyer was supposed...

Author: /time Magazine | Title: Mumbai Terrorist Trial Begins in India | 4/16/2009 | See Source »

Protesting fishermen who had shut down traffic in several large ports on France's northern coast ended their two-day blockade Thursday - but promised to be back if their grievances weren't addressed. Few in France question the readiness to deliver on those and other threats of uprising by workers around the nation whose jobs are imperiled as recession bites deeper. Indeed, that kind of action is only an updated echo of France's historical penchant for insurgency in response to adversity - a tradition now making a comeback with the global economic crisis...

Author: /time Magazine | Title: Why the French Love to Strike | 4/16/2009 | See Source »

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