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...Program, many smaller banks remain in crisis. So far this year the Federal Deposit Insurance Corporation has shut down 133 banks that succumbed to a tidal wave of loan defaults. "Given the state of the markets there's only so much we can do," to increase lending while limiting risk says one industry official...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...Obama will also criticize the banks for trying to derail financial-regulation reform, which passed the House last week but faces multiple battles after Christmas in the Senate. And he'll scold them for continuing to distribute high bonuses, especially when they reward excessive risk-taking. The senior bank executive at one of the banks meeting with the President Monday describes the process as a "public spanking" and says other than the public humiliation the Administration has little leverage. (See the top 10 crooked CEOs...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

That's why the Catholics could learn a thing or two from the Convicts right now. By once more making such a hysterical search for the reincarnation of Knute Rockne - and by paying Weis an obscene $15 million or more to go away - Notre Dame loyalists risk looking like the petty boosters of a football factory instead of the thoughtful backers of an elite university that regularly cracks the academic top 20 today. And the country today needs Notre Dame the university far more than it needs Notre Dame the football team. That fact shone like the school's Golden...

Author: /time Magazine | Title: Notre Dame: What Convicts Can Teach Catholics | 12/12/2009 | See Source »

Surprisingly, the study - unlike other research that has linked little girls' concern about their body image to an increased risk of eating disorders down the road - did not observe the young participants' self-esteem taking a hit after watching animated princess movies. Nevertheless, the Florida researchers recommend using these mini-chick flicks to lead into conversations with kids about what beauty is all about. Some talking points: Pencil-thin princess waists are not real. And it's possible to look good without butt-length, straight hair. I'm having a hard time selling my daughter on that last...

Author: /time Magazine | Title: Disney's Princess: A Breakthrough for Curly Hair | 12/11/2009 | See Source »

...Emergency Plan for AIDS Relief, known as PEPFAR, gave $285 million for HIV and AIDS programs in Uganda - just one program targeting "men who have sex with men" has been allowed to register with the government, a prerequisite for access to international funding. The program, the Most at Risk Populations Network, received just $5,000. "We used to print educational materials, but it was very expensive," Peter Yiga, of the Gay and Lesbian Alliance of Uganda, tells TIME. "We are lacking funding because we can't register. As an LGBT organization, it is very tricky to register in Uganda without...

Author: /time Magazine | Title: Uganda's Anti-Gay Bill: Inspired by the U.S. | 12/10/2009 | See Source »

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