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Some argue that Panetta's tendency to look through a political lens is a weakness. "He's a decent guy, but I think he doesn't fully understand the intelligence business, and that hurts," says a former high-ranking operations official. An intel veteran, he argues, would have recognized the program for what it was - little more than an idea - and not rushed to inform Congress. But others, like Zegart, say Panetta's political chops may have saved the agency from even greater criticism. In any case, she says, "we don't know the counterfactual: How much worse would...

Author: /time Magazine | Title: Should Panetta Have Disclosed the CIA Secret Program? | 7/15/2009 | See Source »

...member companies, such as the type of Web traffic they generate, it can provide banks with additional data to determine a company's creditworthiness. "We are definitely not trying to take the place of the major banks," says Spelich. "What we are trying to do is help them understand a class of entrepreneur they typically don't do business with...

Author: /time Magazine | Title: In China's Lending Boom, Small Businesses Go Begging | 7/15/2009 | See Source »

...chief reason that small, private enterprises have such difficulty is that China does not have a well-established system of credit ratings. "Banks are geared to lending to very big companies that are very easy to understand," says Spelich. "Lending to a company that has maybe five employees is not an intuitive thing." Banks consider small businesses poor loan candidates because they have shorter life cycles, often keep spotty financial records and lack significant property or other forms of collateral, says Du, the Chinese Academy of Social Sciences deputy director. Lending to a state-owned enterprise comes with at least...

Author: /time Magazine | Title: In China's Lending Boom, Small Businesses Go Begging | 7/15/2009 | See Source »

...gratifying it is for a doctor who can make somebody feel better - that's the reason you go into medicine," says Pinsky. "And then a really important person says, 'Oh, you've done such a good job. You've made me feel so good.' What that doctor may not understand is that what that patient needs is to get off the drugs, which doesn't make them feel good and they get very angry and dismiss the doctor. Because they have unlimited access and there's always someone available to give them what they want...

Author: /time Magazine | Title: Jackson's Death: How Culpable Are the Doctors? | 7/14/2009 | See Source »

...Good for the South Side, It's Good for the World Nothing has been more central to the President's foreign policy approach than the theoretical lessons he learned as a community organizer in Chicago: listen to different views, understand the various motivations and then focus on the commonalities, not the differences. He repeats these refrains everywhere he goes. "The United States and Russia have more in common than they have differences," Obama said last week, shortly after meeting with Russian President Dmitri Medvedev in the Kremlin. At an April press conference in Trinidad, the President elaborated on his thinking...

Author: /time Magazine | Title: The Five Pillars of Obama's Foreign Policy | 7/13/2009 | See Source »

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