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...What does that mean for regulation? You can set up certain decision rules that try to keep people on the straight and narrow, but too much regulation about the details is going to get you in trouble. The big banks should probably be fairly boring and reasonably well regulated. And their core businesses are - but they were able to get away from their core activities and move further out on the risk spectrum and jeopardize the whole operation. So much more stringent capital requirements for banks as they get larger, to make sure that as they get larger they...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...nation-building, and a more limited counterterrorism approach against the Taliban and al-Qaeda, Obama will now hold five more meetings of the National Security Council on the issue before making up his mind, National Security Adviser James Jones told the Washington Post. Jones emphasized there's no set deadline and that the President will "encourage freewheeling discussion" and "nothing is off the table." (See pictures of the U.S. Marines new offensive in Afghanistan...

Author: /time Magazine | Title: Congress Tackles Afghanistan Strategy | 9/29/2009 | See Source »

Along those lines, Republicans are expected to introduce a spate of amendments to this week's fiscal 2010 Defense Appropriations Act in the Senate. One will probably be a demand to have McChrystal testify before Congress - a move the Defense Department has so far resisted until after the Administration sets its policy. Other potential amendments include one to increase funding for troop training, an amendment expressing the sense of the Senate in support of troop increases and maybe even one expressly supporting McChrystal's recommendations. On the Democratic side, an amendment is expected, perhaps from Wisconsin Democrat Russ Feingold, that...

Author: /time Magazine | Title: Congress Tackles Afghanistan Strategy | 9/29/2009 | See Source »

...regime. It has cast the street demonstrations as a supposedly Western-led, secular velvet revolution. But Shi'ites, who are the overwhelming majority of Iranian Muslims, believe that only an Imam's surviving lineage can accurately interpret his ideology. So to have so many Khomeinis jump ship set off alarms for the ruling hard-liners...

Author: /time Magazine | Title: Has the Iranian Regime Forsaken Khomeini? | 9/29/2009 | See Source »

...Instead, government planners are banking on GEM to help SMEs get access to capital, augmenting previous initiatives such as the Small and Medium Enterprises Board that the Shenzhen bourse set up in 2004 and state funding for the domestic private equity sector to supply SMEs with venture capital and other funding. GEM, in particular, is regarded as a platform to jumpstart ventures that could dominate China's post-crisis economic environment, in which heavy industry and manufacturing is supposed to take a back seat to higher "value-added" and consumer-focused businesses. It is no coincidence that some in local...

Author: /time Magazine | Title: Why China's Nasdaq Is No GEM | 9/28/2009 | See Source »

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