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When politicians began discussing similar restrictions at the federal level, nervous investors sold off the pawnshop stocks. When the most restrictive proposal - a 36% cap proposed by Senator Richard Durbin, a Democrat from Illinois - failed to win support, the shares rebounded. However, the Senator has reintroduced the bill in the current session of Congress, and it could ultimately find its way into financial-industry reform. More worrisome to investors is the potential power of a Consumer Financial Protection Agency, part of the financial-reform bill recently passed by the House and under consideration in the Senate. Under the current versions...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...case. Still, even $700 million would be far less than the $12.9 billion Goldman received when AIG was bailed out by the Federal Government. And it's a fraction of what Goldman has been making in the market at a time when the government is spending trillions to support asset prices. In the third quarter alone, Goldman raked in nearly $100 million a day in trading profits. In all, the firm is expected to have earned $12 billion...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

While online support has congealed around Lewis’ crusade for governance reform—an anonymous Harvard professor suggests that Lewis should be appointed to the Corporation, and Harvard blogger Richard Bradley writes that “some other folks need to start stepping up to the plate”—don’t expect Lewis to lead a rally outside Mass. Hall anytime soon...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Professor Challenges Harvard's Governance Structure in the Huff Post | 1/13/2010 | See Source »

...game, What Does Sarah Want?, was in full swing. Is Palin's television gig a sign that she is abandoning her political career and all 2012 aspirations? Or is Fox News meant to serve as the ideal launching pad for an eventual presidential bid fueled by massive grass-roots support...

Author: /time Magazine | Title: The Uncertain Future of Sarah Palin | 1/13/2010 | See Source »

...breathe a little fire." Much of the brimstone can be found in his blog posts, in which al-Awlaki states baldly that Islam and the West are in conflict and argues that all Muslims should join the holy war. In a how-to guide titled "44 Ways to Support Jihad," he says, "Jihad today is obligatory on every capable Muslim. So as a Muslim who wants to please Allah it is your duty to find ways to practice it and support...

Author: /time Magazine | Title: How Dangerous Is the Cleric Anwar al-Awlaki? | 1/13/2010 | See Source »

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