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...banks. Hedge funds and other players all want to know the terms of the sale before they even think about stepping up to the plate. So far, Geithner and Treasury have provided little detail. "The question of how to price the asset is still on the table, unresolved," says Scott Talbott, a top lobbyist for the Financial Services Roundtable, an industry association...

Author: /time Magazine | Title: Geithner Faces Questions as He Prepares to Roll Out Toxic-Asset Plan | 3/17/2009 | See Source »

...under increased scrutiny as a result of the global recession, however, the Fed chief saw fit to grant the first television interview since his appointment to 60 Minutes correspondent Scott Pelley. The last time a Fed chair gave a television interview was in 1987 when Alan Greenspan appeared on Meet the Press - an interview that was followed the next week by the largest single-day drop in stock market history. So why Bernanke's change of heart? He responded to that question quite plainly: "It's an extraordinary time. This is a chance for me, I think, to talk...

Author: /time Magazine | Title: Federal Reserve Chairman Ben Bernanke | 3/16/2009 | See Source »

...Unfortunately, some Republicans apologize for the few waves they make. In 1985, HRC president Mark Lagon chided the Crimson for portraying the club as a group of pro-life “extremists.” In 1995, HRC vice president Scott Tribble asserted, “We are not the stereotypical bad-guy Republicans who are rich and hate minorities and women.” And in 2000, HRC vice president Michael Housman agreed that the club had been uninviting to moderates since “[s]ome people would even wear coats and ties to meetings...

Author: By Brian J. Bolduc | Title: Rockefeller Republicans | 3/16/2009 | See Source »

Wandering the streets of Tokyo's Roppongi district on a wet night, you know where film director Ridley Scott got the inspiration for his dystopian Los Angeles in Blade Runner. Multicolored neon; disembodied voices from video screens; a freeway over your head; the smells and sounds of bars and noodle shops; fake fur everywhere. Then, the next morning, you look out a window and see another Japan: a hedge in which each leaf seems to have been clipped by hand; a couple of rocks placed, in some Zen way, just...

Author: /time Magazine | Title: The Lessons From Japan | 3/12/2009 | See Source »

...leading men's friends (The 40-Year-Old Virgin, Knocked Up) and nice guys embraced by leading women after they've come to their senses (Friends, Clueless), Rudd has graduated to playing the lead. He did it in last year's Role Models with Seann William Scott, and he's doing it again in I Love You, Man with Jason Segel, out March 20, in which he plays a guy who has been so focused on his girlfriends that he has no male friends. So his fiance sends him out in search of a best man, which Rudd approaches...

Author: /time Magazine | Title: Paul Rudd: Everybody's Buddy | 3/12/2009 | See Source »

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