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...began in 2006, before the recession hit. A major reason was the improvement in its menu. A glowing Feb. 2 Goldman Sachs analyst's report on McDonald's is typical of Wall Street sentiments. The report says McDonald's is "stepping up investment when peers cannot" and cites the "strong new product pipeline" as a key factor...

Author: /time Magazine | Title: McDonald's Chef: The Most Influential Cook in America? | 2/22/2010 | See Source »

...took a year. "Don't touch" was the attitude toward the Big Mac when he arrived, says Coudreaut. The fact that the top brass allowed him to remix it is both an expression of the company's faith in him and a signal that McDonald's once again feels strong enough to take risks. (See pictures of what makes you eat more food...

Author: /time Magazine | Title: McDonald's Chef: The Most Influential Cook in America? | 2/22/2010 | See Source »

...during the financial crisis do you remember most? -Carlos Lopez, Tulsa, Okla. I remember Sunday, the 14th of September, 2008, when we realized that despite everything we tried, we didn't have the authority to prevent the failure of Lehman Brothers. It was going to be ... Catastrophic is too strong a word, but it was going to be a big problem...

Author: /time Magazine | Title: 10 Questions for Henry Paulson | 2/22/2010 | See Source »

...asked them to all take capital [voluntarily]. That made it easier for many other banks to do so. In a crisis, we have what some people term the tallest-midget syndrome. Bankers don't want to be perceived as being weak, so they say, "I'm healthy, I'm strong, I don't need it" - right up until they...

Author: /time Magazine | Title: 10 Questions for Henry Paulson | 2/22/2010 | See Source »

What is the best approach, if there is one, for resolving the "too big to fail" issue? -Lawrence Lin, Taipei If I could boil it down to one recommendation, it is that we need strong resolution authority so that any failing institution can be liquidated in a way that does not damage the financial system overall. Then taxpayers will never again have to come in and provide a bailout...

Author: /time Magazine | Title: 10 Questions for Henry Paulson | 2/22/2010 | See Source »

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