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...Washington's then mayor, Anthony A. Williams, hired Bobb as city manager and deputy mayor; he managed an $8 billion annual budget and some 20,000 employees. Three years later, he was elected president of D.C.'s board of education. After that experience, why would anyone want to take on the task of saving Detroit's public schools? "I wanted to go to an urban school district, the roughest and the toughest. Why? Because I understand the dynamics, the grit, the opportunities that are prevalent in urban America." (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: Can Robert Bobb Fix Detroit's Public Schools? | 1/25/2010 | See Source »

...lessons taught by the financial crisis, the most personal has been that Americans aren't too slick with money. We take out home loans we can't afford. We run up sky-high credit-card debt. We don't save nearly enough for retirement...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

Other initiatives are tackling such real-world issues as the commercial and social pressures that affect purchasing decisions. Why exactly do you want those expensive name-brand sneakers so badly? "It takes confidence to take a stand and to think differently," says Jeroo Billimoria, founder of Aflatoun, a nonprofit whose curriculum, used in more than 30 countries, aims to help kids get a leg up in their financial lives. "This goes beyond money and savings...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

That approach might have helped in the recent housing bubble. Buyers didn't just need to know how different sorts of mortgages worked; they also needed the fortitude to choose a 30-year fixed rate when everyone around them was buying a bigger house with a riskier loan. (Take a financial literacy quiz and see how you do compared to high school seniors...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...Told Him ToThat moment lends Eli the aura of a divinity. Is he God, making a personal inspection of what humanity has done to his earth? Could be: Eli is the Semitic word for a supreme being. He says that after the big flash, a voice told him to take the Bible and go West, so he might be Brigham Young leading the Mormons to Utah, or any number of cult leaders who found acolytes in California. Eli could also be a jihadist, using a holy book as his moral cue to annihilate the infidels. He acknowledges that the Bible...

Author: /time Magazine | Title: American Savior: Denzel Washington in Book of Eli | 1/25/2010 | See Source »

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