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Like a lot of architects, Piano grimaces when people ask him about his style. "I hate the idea," he says. "It's a dangerous thing, a rubber stamp you put on the world." What he believes in, he says, "is the value of transparency and light. This is not a style. This is just an attitude...

Author: /time Magazine | Title: Chicago's Art Institute Expands, with Elegance | 5/18/2009 | See Source »

...Federal Reserve says the stress tests were a one-time thing and it has no plans to do them again. One problem with regularly repeating the tests is that they are expensive and time-consuming. The current one took 150 bank examiners six weeks to complete. Bert Ely, a bank-industry consultant, says bank executives don't want the stress tests to return. While Ely says he does believe the stress tests have influenced how regulators will view banks in the future, he's not sure he sees the point in them. "This is the government trying to steer business...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

...turn this around, it's exactly the same thing happening with the husband. Around 60% of all car purchases today are decided by the woman in the family. And when a neighbor asks the husband why he bought the car, he cannot say, "My wife loved the pink interior design in my car." That's basically saying, "I'm totally controlled by the woman at home." So what he's going to say is, "Did you know this window can close at 82 m.p.h.? It's the fastest-closing window in the world." And the neighbor will say, "That...

Author: /time Magazine | Title: How Shoppers Make Decisions in a Recession | 5/18/2009 | See Source »

...guilt factor when she's in the store. She now has to come home and justify to her husband why she bought this during a recession. And when you look at the curve of guilt, the biggest spike is maybe seconds after you bought that bag, because the only thing you are thinking about is how to justify the purchase. So what brands are doing now is basically filling a prepackaged justification argument. With women, brands now are basically saying there's one side which is the emotional side, that is, "I love it, I can't live without...

Author: /time Magazine | Title: How Shoppers Make Decisions in a Recession | 5/18/2009 | See Source »

...must say I found your article "Undocumented and Undeterred" about immigration compelling [April 27]. It is true we are living in difficult times and on occasion this might trigger a hunt for scapegoats to blame for the economic crisis. But in the end, the only thing that will get us out of this mess is to pull together - legal and illegal, American and non-American. This is a global problem, and massive deportation will only make things worse. Where do you think these deported immigrants will find jobs? Maybe with the drug gangs south of the border? Or perhaps with...

Author: /time Magazine | Title: Foreign Workers | 5/18/2009 | See Source »

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