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...Vladimir Gusinsky) ruled Russia. Their power reached its height at Yeltsin's re-election as President in 1996 - the same oligarchs who financed Yeltsin's campaign went on to buy lucrative state assets at knock-down prices. When he took power in 2000, Putin immediately set out to rein in the oligarchs, offering them a straightforward deal: Keep your money, but stay out of politics. Khodorkovsky, now confined in a prison five time zones east of Moscow, is testament to what happens to oligarchs who don't play by the rules. The former head of Yukos was on the verge...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...1970s, Congress and the Ford Administration sought to rein in the CIA by creating oversight committees and instituting a ban on assassinations. Some restrictions were eased in the '80s, when the agency backed Afghan mujahedin fighting against the Soviets and meddled in Central America. And since 9/11, the agency has attracted a new load of critics, this time for matters such as "extraordinary renditions" and the harsh interrogation of suspected terrorists in secret overseas prisons known as black sites. Poor Langley--praise is a scarce commodity for an agency whose missions, as President George W. Bush put it, remain "secret...

Author: /time Magazine | Title: Brief History: Secret CIA Missions | 7/27/2009 | See Source »

...once Harvard found itself in financial straits, the Medical School had to rein in its efforts and focus instead on "things that are not very expensive but improve faculty morale," Tarbell said. Tarbell declined to discuss details, as the initiatives have yet to be officially announced...

Author: By June Q. Wu and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Yale Poaches Harvard Prof in Medical School Expansion | 7/27/2009 | See Source »

...economic conditions deteriorating, it became clear to us that we were going to really have to pull in the rein on our expenses," says Ulsh. OBT reluctantly scrapped its live orchestra and a few of its dancers - remaining ballerinas will now pirouette to recorded tunes. "We want to preserve the artistic integrity," says Ulsh. "At the end of the day, what we're putting on the stage defines...

Author: /time Magazine | Title: Arts Groups in Tough Times Think Locally | 7/24/2009 | See Source »

...many economists believe that policymakers will not aggressively rein in monetary policy and stimulus measures, out of fear of squashing Asia's fragile recovery while the global economy remains weak. "There is close to a zero possibility that the Chinese government will do anything this year that constitutes tightening," says Andy Rothman, a Shanghai-based economist for the brokerage CLSA. "The recovery is only in its early stages." And without a major shift in thinking, the easy-money conditions will stay in place - so even if there's no bubble now, there's a good chance one may be forming...

Author: /time Magazine | Title: Asia's Easy-Money Policies: Fueling New Bubbles? | 7/23/2009 | See Source »

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