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...Still, the producers of the musical, the Michigan-born Hutchins and Italian-German director Roberto Emmanuele, say they didn't want to create a tribute to Obama or pander to the crowd by playing up his star appeal. Instead, they aimed to tell the story of the people who were inspired by his message of change - themselves included. "This musical is not about politics but about the effect Obama has on people," Hutchins says. "Making the musical resembled Obama's story in a way. We had very little in the beginning, meager means, a meager budget ... Obama inspired...

Author: /time Magazine | Title: Obama, the Musical: Germany's Stage Love Letter | 1/20/2010 | See Source »

...Seeing an improvement is not the same as things being completely copasetic," says Anthony Chan, an economist at JPMorgan's private bank. "The credit crunch is still alive...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...worry is that problems at the banks will restrict credit and make it harder for businesses to grow and individuals to spend. That could put the brakes on the economic rebound. What's more, the continued loan losses at the banks show that individuals and companies are still having trouble paying their bills and meeting their debt obligations. Lastly, the losses at the banks, at a time when the government is offering significant stimulus to the financial sector, suggest that the firms remain far from fixed...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...Federal Reserve has pressed the cost of the capital for the banks down to zero, and they still can't earn a large profit," says top Wall Street strategist Robert Arnott of Research Affiliates. "That's a problem...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

...course, some say it is normal that banks would be hurting at this part of the recovery cycle. People and companies continue to fall behind on their debt obligations long after the economy turns. While the banks' lending operations still look weak, the volume of bad loans at many of the banks, including Citigroup and JPMorgan, are piling up slower than in the past...

Author: /time Magazine | Title: Bank Earnings: Economic Woes Persist | 1/20/2010 | See Source »

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