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...most exciting day of the financial year should have been today because the government releases the results of its multi-month bank "stress test" program which includes thorough vetting of the health of America's 19 largest banks. That part of the drama is over. Someone leaked almost all of the information on the banks that failed the tests and how much money they will be asked to bring in as new capital. Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) are troubled, as the government sees it, and will have to improve their balance sheets...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

...weeks of the investigation other than the fact that the people who gave him money were not intelligent at all. Madoff was such an improbable monster that the public followed the story with untiring fascination week-after-week. Once Madoff went to prison, the magic wore off. The stress tests became a perfect replacement...

Author: /time Magazine | Title: The Curtain Comes Down on Bank Stress Tests | 5/7/2009 | See Source »

...husband, the lawyer Hans-Peter Kunz-Hallstein. Thalheim's lawyer argued that Thalheim and her husband did not want to lose the good professional reputations associated with their old names, for fear it could be harmful to their careers. Thalheim also wanted to keep her old name to stress her connection with her children from her first marriage, while at the same time demonstrating unity with her second husband. (See pictures of money being printed in Germany...

Author: /time Magazine | Title: German Court Upholds Ban on Extra-Long Names | 5/6/2009 | See Source »

Despite a recent spate of bombings in Baghdad, Iraqi and U.S. officials continue to stress that the city is safer now than it has been in years. But what does safe mean in a country torn by more than half a decade of violence? A look at available data on killings in Baghdad and other world metropolises reveals some surprises...

Author: /time Magazine | Title: Is Baghdad Now Safer Than New Orleans? | 5/1/2009 | See Source »

...It’s just about keeping every piece moving, you can’t ignore any of it because then you are in deep trouble.”“I’ve been here long enough that I’ve gotten used to the stress. When you see a lot of things getting done at once, its very fulfilling,” he adds. STUDENTS HELPING STUDENTSAnderson hires about 40 Harvard college students every school year to help in the file room. Students alphabetize, file, and “scrutinize” about once...

Author: By Huma N. Shah, CONTRIBUTING WRITER | Title: Don't Touch That File | 4/30/2009 | See Source »

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