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...urgently need a Kyoto protocol to address financial climate change, fight the greed-house effect and reverse the decline of ethics. We must curtail the emissions of toxic investment funds and promote and reward the development of sound financial products for the sake of global economic health. Ray Moser, Lausanne, Switzerland...

Author: /time Magazine | Title: Inbox | 10/9/2008 | See Source »

...urgently need a Kyoto Protocol for financial climate change with clear objectives: elaborate policies to reduce the greed-house effect and reverse the decline of ethical values. Take measures to stop and fine the emission of toxic investment funds. Promote and reward the development of sound long-term financial products. Ray Moser, LAUSANNE, SWITZERLAND...

Author: /time Magazine | Title: Recession Redux | 10/7/2008 | See Source »

...union representatives complained that the rescue package seemed like a reward for failed bankers. "It's time to think now of the man and woman on the street rather than the banks," said Philippe Vandenabeele, a local leader of the liberal CGSLB/ACLVB union. "We are calling for better purchasing power for workers...

Author: /time Magazine | Title: Amid Financial Crisis, Belgians Go on Strike | 10/6/2008 | See Source »

...Before the recent financial collapse changed the paradigm, banking was, above all other things, safe. It presented an almost guaranteed path to respectability. While many professions such as acting, journalism, or academia offer considerable prizes at the top but little along the rest of the spectrum, banking promises to reward even the mediocre with top-flight compensation. More than anything it else, it can provide a refuge from the vicissitudes of fate or personal inadequacy...

Author: By Daniel E. Herz-roiphe | Title: Now What? | 9/26/2008 | See Source »

...McCain's solution is pretty basic: Cut the corporate tax. The trouble is that his corporate tax cut isn't part of a larger overhaul of the tax code that would reward savings and investment while curbing deficit spending - whether by individuals, private institutions or the government. The cut is only one among many in a budget that is wildly out of balance. How would President McCain convince people that they can't have a bigger flat-screen than they can afford while he's running a government that promises more services than it has money for? Neither McCain...

Author: /time Magazine | Title: Who Can Lead Us Out of This Mess? | 9/25/2008 | See Source »

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