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...charge of the financial system." There wasn't. In The Big Short, Michael Lewis, who chronicled an earlier era of Wall Street excess in 1989's Liar's Poker, tells the story of investors who asked questions that no one else would (like, What happens if house prices stop rising?) and came to the chilling conclusion that collapse was inevitable. Lewis takes us inside the investment banks and ratings agencies to demonstrate that no one had any idea what they were actually doing. And with the money flowing so easily, no one particularly cared. When the world goes mad, there...

Author: /time Magazine | Title: The Skimmer | 3/29/2010 | See Source »

...adult situations, from I Am Sam to The War of the Worlds, she has sometimes been branded as robotic or under some sort of unnatural control. The truth is, she's like a mini--Meryl Streep, so deft and true that people take the perfection for granted and stop noticing the work. It's obvious here that she's the one in control. A movie like The Runaways, showcasing both her gifts and the pitfalls of young fame, makes you hope she stays that...

Author: /time Magazine | Title: The Runaways: Band of Sisters | 3/29/2010 | See Source »

...agreed to censor query results on controversial terms like Tibet--while reserving the right to alert users that it was doing so. Initially sanguine, Beijing began to add restrictions in 2009. Tensions reached a breaking point in January after a China-based cyberattack on Gmail. Google then vowed to stop self-censoring--a move that, according to a Beijing spokesman on March 12, would have "consequences." Ironically, those consequences might be gravest for China. The $600 million that Google could earn in China this year pales in comparison with the company's $22 billion global annual revenue. The pullout, however...

Author: /time Magazine | Title: The World | 3/29/2010 | See Source »

...Segal's statin ended up preventing her from living a heart-healthy lifestyle. A month after she started taking the drug, she suffered muscle pain so severe, she had to stop all physical activity and was unable to sleep at night. Although her husband, who was worried about her risk of heart attack, pleaded with her to stay on the drug, she discontinued using it. The muscle pain receded. "My husband was scared for me. Doctors scare you. But I was in so much pain, I told him I would have rather died than stay on them," says Segal...

Author: /time Magazine | Title: Do Statins Work Equally for Men and Women? | 3/29/2010 | See Source »

...sent inflammatory faxes to the news media blaming the Oklahoma explosion on the Japanese government. When a Time reporter knocked on Olson's door later that day, Olson appeared in a blue bathrobe. "Why are you bothering me?" he asked. "Can't you see I'm trying to stop World War III?" The next day, both Olson and Southwell, who had helped prepare the fax, resigned under pressure from the militia...

Author: /time Magazine | Title: The Threat from the Patriot Movement | 3/29/2010 | See Source »

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