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...aren't quite so convinced. Brian Lucey, a professor of finance at Trinity College Dublin, has been one of the most vocal critics of the scheme. "We end up with a situation where we bail out shareholders and bondholders first, then deal with taxpayers, rather than the other way round," he says. "The taxpayers are on the hook anyway. The question is, What do they...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

While the U.S. has threatened Iran with new sanctions over its controversial nuclear program, it has yet to secure the support of its prospective ally. During an Oct. 13 meeting with U.S. Secretary of State Hillary Clinton, Russian Foreign Minister Sergei Lavrov called a fourth round of sanctions "counterproductive" and reaffirmed Moscow's commitment to continuing diplomatic talks with Tehran. Lavrov's statement came just three weeks after Russian President Dmitri Medvedev signaled an openness to sanctions. Russian Prime Minister Vladimir Putin, meanwhile, declared that it was too early to scrap negotiations, telling reporters, "There is no need to scare...

Author: /time Magazine | Title: The World | 10/26/2009 | See Source »

...weekend, and midterms are winding down, so FlyBy thinks it's time for another round of Around the Ivies...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 10/25/2009 | See Source »

...wonderful member of Congress -- I believe this is your district, is that correct, Mike? Mike Capuano. Please give Mike a big round of applause. (Applause...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/24/2009 | See Source »

...business community are standing with leaders in the environmental community to protect the economy and the planet we leave for our children. The House of Representatives has already passed historic legislation, due in large part to the efforts of Massachusetts' own Ed Markey, he deserves a big round of applause. (Applause.) We're now seeing prominent Republicans like Senator Lindsey Graham joining forces with long-time leaders John Kerry on this issue, to swiftly pass a bill through the Senate as well. In fact, the Energy Committee, thanks to the work of its Chair, Senator Jeff Bingaman, has already passed...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/24/2009 | See Source »

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