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When asked whether it was even possible to determine what happened to all the money Congress rushed last fall to financial institutions, she said, "It's a wonderful irony, isn't it? Once Paulson gave this money away on a no-strings basis, it became effectively impossible to trace it." But, she says, it won't happen again: "It's a $300 billion mistake that we will not repeat...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

Though there is little talk of the war in Sarajevo today, religious leaders trace Bosnia's Islamic revival directly to the horrors people witnessed in the 1990s, when they were children. "This generation grew up overnight," says the country's Grand Mufti, Mustafa Efendi Ceric. "We had an entire generation asking, 'Does God exist?' And now we have a generation that is very religious." Husic and her friends bear that out. As young girls, they watched their hometown of Mostar become ripped apart as lifelong neighbors turned against each other in a spiral of ethnic enmity; two of the four...

Author: /time Magazine | Title: Bosnia's Islamic Revival | 6/15/2009 | See Source »

...Everyone knew what happened - there were photos of the Concorde on fire and blowing up - but examination of the remains allowed investigators to trace the entire sequence of events back to the accident's smoking gun," says Jean Guerry, a former pilot and current assistant director of the Bourget Air and Aerospace Museum, outside Paris. "The current Air France investigation will be much harder, since little debris has been recovered, and the material that has - because it floats - will only tell one part of the story at best. Getting the black box is very important...

Author: /time Magazine | Title: Can the Air France Crash Be Solved With No Black Box? | 6/12/2009 | See Source »

...visited a distillery in Kentucky called Buffalo Trace, which takes a rather unique style to making whiskey. Buffalo Trace has what they call an "experimental" line, and what they do is they try a little bit of everything to see what kind of taste variations they can get. They do all sorts of things there, they use rice in their mash, they use different ages, different kinds of barrels. The one I had was aged in a cabernet cask. There are a great many people who love whiskey who take themselves very seriously. And the ironic part of that...

Author: /time Magazine | Title: Whiskey: A Travelogue | 6/9/2009 | See Source »

...Magritte, the subversive surrealist painter. Both created iconic images that are recognizable the world over. And since June 2, both of them, finally, have museums of their own in their native country, dedicated to their respective contributions to the evolution of 20th century art. The museums trace the bold innovations and ideas that show up in the artists' work while also revealing the contrasting outlooks the two men held in their parallel lives...

Author: /time Magazine | Title: Two New Museums for Tintin and Magritte | 6/3/2009 | See Source »

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