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...this conspiracy, today's viewer feels almost nostalgic, since it's a nightmare scenario from the first years of the U.S. occupation of Iraq. Who knew, back in the recent, relatively soothing past, that the bankers could deliver a more lethal blow to the world economy without a shot being fired - just by bundling toxic mortgages...

Author: /time Magazine | Title: The International: The Banker As Bad Guy | 2/12/2009 | See Source »

...either a gangster or his potential victim, kids learn early to choose sides. What's exciting and, briefly, enriching for the boys, the Mob sees as labor that's cheap, malleable, expendable. In this sense, the film is Slumdog Millionaire without the girl, the songs or even a long shot at redemption...

Author: /time Magazine | Title: Gomorrah: Scarface for Real | 2/12/2009 | See Source »

...panorama of malefactors includes a 13-year-old boy who is shot point-blank while wearing a bulletproof vest during an initiation rite that is like a Mafia bar mitzvah ("Now you are a man"); a middle-management toughie who, like Tony Soprano, is in the waste-disposal business (the Camorra holds a monopoly in this industry); and two punks who quote the Pacino Scarface and think they've hit the jackpot when they stumble on a weapons stash. ("Let's rack up corpses," one says. "No use feeling depressed.") Above these scarred, drugged-out creatures are their bosses, wealthy...

Author: /time Magazine | Title: Gomorrah: Scarface for Real | 2/12/2009 | See Source »

...what does have a shot at working? Most proposals on the table are designed to boost demand without distorting the market and at the same time restrain supply by keeping people in their homes. But the harsh reality is that fixing the crisis will require some acknowledgment that there are a number of people out there who shouldn't be homeowners. Here's a guide to the latest ideas about what...

Author: /time Magazine | Title: How to Fix the Housing Market | 2/12/2009 | See Source »

...crowd, hundreds of MDC supporters remain in detention. "It hurts that as we celebrate here today, there are some who are in prison," he said. Those supporters would be freed, he said, adding that the "culture of impunity" and the "looting of state resources because you are a big shot" were over...

Author: /time Magazine | Title: Does Zimbabwe's Unity Government Stand a Chance? | 2/11/2009 | See Source »

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