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...obvious solution is to teach risk management integrated with education in macroeconomic issues, corporate culture and human factors, says Mitchell, and to make sure that more of those lessons reach more people within every company. "It used to be that risk management was off in some backwater or some broom closet in the company," Mitchell says. "We all think of ourselves as risk managers...

Author: /time Magazine | Title: Will Business Schools Learn from Wall Street's Crisis? | 9/21/2008 | See Source »

What should we make, if anything, of the Saudi King Abdallah's visit to the Pope, and his sponsorship of an interfaith dialogue in Spain? Are these serious efforts to reach out and arrive at some sort of understanding, or are they merely cosmetic...

Author: /time Magazine | Title: Q&A: Bernard Lewis on Islam's Crisis | 9/20/2008 | See Source »

...vain. May her soul rest in peace." Six weeks later, I find the woman's father sitting outside the tiny family home atop an escarpment that overlooks Freetown. Holding the newborn baby, he says his daughter gave birth at home because "the terrain is too rough to reach the hospital." By the time he carried her, half conscious, down the slope to the hospital, she was too sick to be saved. Even for women who give birth in a hospital, survival is no sure thing. Another woman, 20, was admitted in late July in early labor and began having seizures...

Author: /time Magazine | Title: Death in Birth | 9/18/2008 | See Source »

...Zimbabwe faces a critical moment in a history riddled with political problems. Since Zimbabwean independence in 1980, President Mugabe has led a nation gripped by economic recession and hyperinflation; according to the Kenya Standard, inflation rates now reach up to 20 million percent. Mugabe, as the chief decision-maker in Zimbabwe, has attempted reforms whose failed results he has blamed on indeterminable interference by Western states, such as Zimbabwe’s one-time colonizer, Great Britain. Amidst all this economic trouble, Zimbabwe continues to enforce strict restrictions on distribution of aid across the country. Any improvements for life...

Author: By Alexander R. Konrad | Title: More than Hope in Zimbabwe | 9/18/2008 | See Source »

...company has "a strong, well-positioned business in Singapore." With over four thousand agents and two million policies in force in this city-state of 4.6 million, AIG is one of Singapore's largest insurance operators. Its pervasive presence in the small nation underscores the insurance giant's global reach - and the global consequences of an unfolding failure of confidence by its far-flung customers. That reach was one of the key reasons why the U.S. government appeared to reluctantly agree to an AIG bailout on September 16 and stepped in to save the insurance giant, whose global balance sheet...

Author: /time Magazine | Title: AIG Bailout Spooks Customers Around the World | 9/17/2008 | See Source »

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