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...warming to the idea of making the stress tests permanent. They like the fact that the stress tests have restored confidence in most of the nation's largest banks. What's more, they argue that even in good times the public bank exams make sense because they could sound the early-warning sign that was missing two years ago. A regular public vetting of the big banks' laundry might also cause some financial firms to be more cautious in the future about the types of loans they make...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

That assessment may sound admirably prudent. But Germany is in bad shape. In Halle, they're feeling the pinch, again - even if the situation is (remarkably) not quite as bad as it is in west German regions such as the environs of Stuttgart, where almost half a million people have been put on short-term work since last October as auto and machinery factories have slowed production. The east has been somewhat protected because its firms don't export as much as their west German opposite numbers. An unmistakable streak of eastern stoicism helps, too. "I notice that when...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...makes Glee more than sketch comedy, and what may save its commercial appeal, is that it is also an underdog story (not just about the kids but also idealistic music-lover Will) with heart. Like Ugly Betty's, its spoofing is bright, not dark. And with a well-chosen sound track and arch comedy, the pilot is just a giant basket of happy. If Murphy can flesh out the overly broad characters, this series could be a rare, sophisticated, joyous hybrid that gets to have its pop candy and satirize it too. As Randy Jackson might say, Glee's early...

Author: /time Magazine | Title: Glee: A Chorus of Laughter | 5/18/2009 | See Source »

...daily sound bites, visit time.com/quotes

Author: /time Magazine | Title: Verbatim | 5/18/2009 | See Source »

...lattes--and the DVDs and trips to the salon--do add up. That's why there's no shortage of talking heads telling you how to pinch pennies. Having manicure nights at home with friends, borrowing DVDs from the library, sipping water alongside your pricey cocktail--these may sound like neat ideas to you. Or complete mood killers...

Author: /time Magazine | Title: Here's the Best Way to Save Even More | 5/18/2009 | See Source »

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