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...Norwalk, Conn., that sets accounting rules in the U.S., to look into the matter. FASB spokesman Neal McGarity says his organization is doing that, but the banking industry is skeptical and wants more pressure from the SEC. "SEC is refusing to act further on this issue," says Scott Talbott, a top bank lobbyist. (See the top 10 financial-crisis buzzwords...

Author: /time Magazine | Title: Will a Mark-to-Market Fix Save the Banks? | 3/11/2009 | See Source »

...peers, Summers is a ferocious debater, capable of unpacking four or five contradictory theories at the same time. "To have an argument with Larry Summers is a little like being run over by a tank with a Lotus engine and to find the experience educational," says Strobe Talbott, president of the Brookings Institution. Such pastimes may come naturally to the first son of two noted economists who was born in New Haven, Conn., in the shadow of Yale, and grew up in Philadelphia not far from the University of Pennsylvania. Not only did he become...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...Susan certainly is tough, and she's tough in exactly the right way." - Strobe Talbott, president of the Brookings Institution, New York Times...

Author: /time Magazine | Title: U.N. Ambassador: Susan E. Rice | 12/3/2008 | See Source »

...government guarantees should insure that interbank loan rates retreat to the point where money is moving again. With the first capital injections a few days away, loans should begin flowing easily in a matter of weeks, says Scott Talbott, chief lobbyist for Financial Services Roundtable, representing major U.S. banks. "This will open up credit immediately, and the benefit will begin to flow to small businesses shortly thereafter," he says. Every $1 of equity creates $10 in lending power. Half of the $250 billion set aside for capitalization is targeted at smaller banks. Some banks are wary of the strings attached...

Author: /time Magazine | Title: The Big Bank Bailout: Are You Next? | 10/16/2008 | See Source »

...when humanitarian intervention - that sly little euphemism for war - was justified. But nobody can say they weren't warned about what would happen next. In their new book America Between the Wars,, Derek Chollet and James Goldgeier, two former Clinton Administration officials, recount a conversation about Kosovo between Strobe Talbott, Clinton's Deputy Secretary of State, and Yegor Gaidar, a pro-Western, reformist, former Russian Prime Minister. "Oh, Strobe," said Gaidar, "if only you knew what a disaster this war is for those of us in Russia who want for our country what you want...

Author: /time Magazine | Title: The Cost of NATO's Good Intentions | 9/4/2008 | See Source »

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