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...critics were mostly wrong. The financial sector is in much better shape than it was then. TARP money is being repaid, and the debate now is what to do with the billions that were never needed... Geithner's path was a middling one, but it helped the country muddle toward recovery...

Author: /time Magazine | Title: Verbatim | 12/7/2009 | See Source »

...love it enough to know when it's time to say goodbye," she said on her show, a tear brimming from each eye. "Twenty-five years feels right in my bones." Those might be her business bones she's feeling. As network-TV profits, power and growth drain toward the cable channels, Winfrey is shifting her attention to the Oprah Winfrey Network, OWN, which she plans to launch with Discovery Communications in 2011. The question is, Who is Oprah without Oprah? The show was monolithic in a way that's no longer possible, even for a mogul like Winfrey...

Author: /time Magazine | Title: The Moment | 12/7/2009 | See Source »

...Some countries, however, are no longer as willing to extend a red carpet toward the globetrotting Chinese. Although political strings might not come with Beijing's cash, there are economic catches. The roads, mines and other infrastructure on offer are most often built by armies of imported Chinese labor, cutting down on the net financial benefit to recipient nations. Chinese companies investing abroad also tend to ship in nearly everything used on building sites, from packs of dehydrated noodles to the telltale pink-hued Chinese toilet paper. It's not only the contracted Chinese workers who show up, either. Within...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...Graduated from Seattle Preparatory High School in the spring of 2005, and began attending the University of Washington that fall, working toward a degree in linguistics. Was named in the spring of 2007 to the University of Washington's dean's list...

Author: /time Magazine | Title: Amanda Knox, Convicted of Murder in Italy | 12/4/2009 | See Source »

...approach of Amanda toward life is exactly the same of Amélie - spontaneous, immediate and imprudent." - Giulia Bongiorno, lawyer for Knox's ex-boyfriend Sollecito, likening Knox to the ingenue in the 2001 French movie Amélie - the movie Knox and Sollecito say they were watching the night of the murder (Associated Press...

Author: /time Magazine | Title: Amanda Knox, Convicted of Murder in Italy | 12/4/2009 | See Source »

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