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...This imbalance has forced small-business owners to avail themselves of unusual lending schemes. In many regions, companies are forced to go around the traditional banking system altogether by borrowing from other businesspeople or even loan sharks. This sort of informal banking, which has a long history in China, has become more popular as the economy slows, says Du Xiaoshan, deputy director of Rural Development Institute at the Chinese Academy of Social Sciences. "It's hard for small and rural businesses to get bank loans, so there's generally more informal lending happening," says Du. (Read "The Argument Over China...

Author: /time Magazine | Title: In China's Lending Boom, Small Businesses Go Begging | 7/15/2009 | See Source »

...stars; they're just not on the same level. Rock stars will always be cooler. They will always get more girls. We'll always be the ugly stepchildren in the entertainment industry. And that's probably as it should be. If comedians were ever supersuccessful or cool, it would sort of destroy our credibility. Our job is to speak for the losers of the world...

Author: /time Magazine | Title: Comedian Michael Ian Black | 7/14/2009 | See Source »

...able to do would be involuntary manslaughter, which is an unintentional killing with criminal negligence," says Jean Rosenbluth, a clinical associate professor at USC Law and former federal prosecutor. "Now, there can be criminally negligent homicide if there is such gross recklessness. Theoretically, I suppose you could file some sort of second-degree murder charge, but it's hard for me to imagine that they will be able to show that kind of recklessness. But none of us know the facts yet of what he died of or what these doctors were doing." Involuntary manslaughter carries a criminal penalty...

Author: /time Magazine | Title: Jackson's Death: How Culpable Are the Doctors? | 7/14/2009 | See Source »

...sure, the idea of a "wise Latina" is a new one to a lot of people. Before the Sotomayor speech was made available, finding the words wise Latina in articles of any sort was exceedingly rare. Latinas are frequently described as "fiery" or "caliente" or "curvy" - but rarely "wise." A cursory Nexis search reveals only a single book review, from 2000, of a sci-fi tome called The Fresco, in which a heroine who communes with aliens is described as the daughter of "a wise Latina lady and her salvage-yard husband." Clearly a page turner. (See Sonya Sotomayor...

Author: /time Magazine | Title: Just What Is a 'Wise Latina,' Anyway? | 7/14/2009 | See Source »

...Solana called for a U.N. Security Council resolution outlining in detail the parameters of a two-state solution, fixing borders, prescribing arrangements for sharing Jerusalem, security and the fate of refugees. Of course, Obama is saying nothing of the sort, still hoping to drag the two sides, however reluctantly, to the negotiating table to hash out an agreement. But Solana - who has been involved in trying to do just that for a decade longer than Obama has - may simply have recognized that the U.S. pressure that has been required to get both sides simply to make confidence-building gestures...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

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