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...FDIC has the final say on when and how to close a bank, and some believe it has been waiting too long to act, adding to the cost of failures. Regulators labeled Chicago-based Corus Bank critically undercapitalized in March, but it took the FDIC until mid-September to shut it down--a closure that could cost the FDIC $1.7 billion...

Author: /time Magazine | Title: Spotlight: Bank Failures | 10/26/2009 | See Source »

Saakashvili has faced two major challenges to his leadership. In November 2007, his riot police responded to antigovernment demonstrators by beating them, arresting their leaders and shutting down two television stations. In April, the opposition took to the streets again to call for his resignation. But this time, Saakashvili was restrained. He let the protesters shut down the streets of the capital. Georgians grew tired of the inconvenience, and eventually everyone went home. Many opposition figures say they won't try to force him to resign before his term ends in 2013. Even Khidasheli, an ardent critic of the President...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

Defensively, the Crimson will look to shut down junior Princeton quarterback Tommy Wornham, who has developed into a double threat, with 788 passing yards and 224 rushing yards—good for first on the team...

Author: By Scott A. Sherman, CONTRIBUTING WRITER | Title: Crimson Looks To Run over Rival Princeton | 10/23/2009 | See Source »

Since the global financial crisis hit last year, Chinese officials have been firm about the need to maintain about 8% economic growth to ensure stability. Before the last office door swung shut at Lehman Brothers in New York, Beijing was planning how to get there, eventually unleashing a massive $586 billion stimulus package in the spring and freeing up lending to allow billions more to slosh into the economy. With this week's announcement that GDP had expanded by 8.9% in the third quarter, China is well on its way to reaching its target for the year. That will make...

Author: /time Magazine | Title: China's Economy: Not Yet Mission Accomplished | 10/23/2009 | See Source »

...some white Britons, especially those in poorer areas, at least part of the BNP message resonates: that, as Griffin puts it, they are "shut out in their own country." Disenfranchised and alienated, such viewers will have drawn a different lesson from Question Time. They saw Griffin attempting to hold his own as politicians from Britain's mainstream parties, showing a rare unanimity of purpose, attacked and belittled him. Yet politicians in Britain are at best damaged goods, their authority sapped by constant partisan skirmishing and their reputations tarnished by recent revelations of Westminster's venal expenses culture. In that context...

Author: /time Magazine | Title: Why Angry British Voters Are Tuning In to Bigots | 10/23/2009 | See Source »

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