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...like any class on presentation day, there will be some sweaty palms. Bank of America and Wells Fargo say they have raised enough money to satisfy regulators, but they only detail a portion of their efforts. The Federal Deposit Insurance Corp., which also gets to weigh in on whether banks' plans are adequate, has been pushing for management changes at some of the banks. Last week, Bank of America was forced to replace its chief risk officer and four of its board members. Reportedly, the FDIC would like Citigroup to dump its chief executive Vikram Pandit. So far, members...

Author: /time Magazine | Title: Banks Hand in Their Stress-Test Plans Today | 6/8/2009 | See Source »

...online. And moving around is more seamless in this version. Walk your character from your home to a neighbor's and go inside - the computer can now process it all without interruption. Pick a job, make money, buy things. The Sims 3 even lets you pick a lifetime goal, say, of leading an evil empire...

Author: /time Magazine | Title: The Sims 3: Getting Real | 6/8/2009 | See Source »

That's the trick of ventriloquism: it puts the taboos in someone else's mouth. The humans in the room are innocent, including the one with a hand up the doll's shirt. "Peanut and Walter get away with stuff we'd all like to say but we can't because we have sort of a valve," says Dunham. "Sometimes I shut that valve...

Author: /time Magazine | Title: The Puppet Master | 6/8/2009 | See Source »

...debate over the CIA's interrogation techniques and their effectiveness has intensified since President Barack Obama's decision to release Bush Administration memos authorizing the use of waterboarding and other harsh methods. Defenders of the Bush program, most notably Cheney, say the use of waterboarding produced actionable intelligence that helped the U.S. disrupt terrorist plots. But the experiences of officials like Soufan suggest that the utility of torture is limited at best and counterproductive at worst. Put simply, there's no definitive evidence that torture works...

Author: /time Magazine | Title: After Waterboarding: How to Make Terrorists Talk? | 6/8/2009 | See Source »

...countries that have experienced insurgencies and terrorism have evolved rules too. From Britain, with its Irish separatists, to Israel, with its Palestinian militants, most such countries have tended to move away from harsh techniques. But institutional relapses can occur: human-rights lawyers and Palestinians with experience in Israeli prisons say some violent interrogation techniques have returned in recent years...

Author: /time Magazine | Title: After Waterboarding: How to Make Terrorists Talk? | 6/8/2009 | See Source »

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