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...some of her opinions as an appellate judge, she sounds like Justice Antonin Scalia in her insistence that judges should avoid policy considerations at all costs. "The duty of a judge is to follow the law, not to question its plain terms," Sotomayor wrote in a 2006 dissent. "I trust that Congress would prefer to make any needed changes itself, rather than have courts...

Author: /time Magazine | Title: What's Wrong with Judges Legislating from the Bench? | 7/16/2009 | See Source »

...foolish, some sinister. The new teacher, Horace Slughorn (Jim Broadbent), runs a salon for his pet students. An incorrigible name-dropper, he "collects" children whose talent or connections might bring him glory. The resentful Snape (Alan Rickman, effortlessly oily), whose motives have been murky but whom Dumbledore continues to trust, becomes Draco's surrogate dad: snake for snake...

Author: /time Magazine | Title: Harry Potter: Darker, Richer and All Grown Up | 7/15/2009 | See Source »

...While the long-term damage to UBS may be difficult to gauge, experts say its reputation as a reliable institution has taken a beating. "Clients worldwide have lost trust in UBS's ability to protect their privacy," says Teodoro Cocca, former professor of asset and wealth management at the Swiss Banking Institute in Zurich. "This will affect UBS's attraction for wealthy clients - the main franchise of the bank...

Author: /time Magazine | Title: U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts | 7/15/2009 | See Source »

...future of Swiss banking secrecy, long a bone of contention among Switzerland, the U.S. and the European Union, also looks to come through this scandal unscathed. In a recent SBA poll, 91% of respondents favored the protection of their privacy in financial matters. "It's an expression of mutual trust between the Swiss state and its citizens," SBA's Nason says. "The government is able to secure its tax revenues without having to trample on privacy by demanding an automatic right of forced entry into bank accounts. The Swiss take great pride in this arrangement and reward it with...

Author: /time Magazine | Title: U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts | 7/15/2009 | See Source »

...hurting badly. The decade-long consumer boom has turned into a slump as unemployment soars. The government has cash to spend after years of sensible budget policies, but the central bank will be forced to keep interest rates high as long as inflation is stuck in double digits and trust in the ruble remains shaky...

Author: /time Magazine | Title: Europe and Russia's Continental Rift | 7/13/2009 | See Source »

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