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The run on FDIC funds is raising questions about how well the agency has contained the costs of the credit crisis. Bank failures are not of the FDIC's making: the Federal Reserve failed to rein in mortgage-lending, while regulatory agencies like the Office of Thrift Supervision allowed banks...

Author: /time Magazine | Title: Spotlight: Bank Failures | 10/26/2009 | See Source »

Saakashvili still has the immense talent for communication that made him an international celebrity when he took power after 2003's bloodless Rose Revolution. He's an imposing man - at 6 ft. 4 in. (193 cm), he is the tallest Georgian I saw until we watched the national basketball team...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

"The Next Dubai" Saakashvili, 41, is the son of intellectuals, his father a doctor, his mother a professor. In 1993 he got his first prolonged taste of the U.S. when he won a fellowship to study law at Columbia. He lived in New York City and Washington for several years...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

Troubles at Home Saakashvili's grand plans don't impress his opponents. They think that he - like most other leaders in this part of the world - is power-mad. The media and judiciary still aren't nearly independent enough. The opposition, whom Vice Prime Minister Temuri Yakobashvili dismissed as "losers...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

Closer scrutiny of last month's report of the first successfully tested AIDS vaccine suggests scientists spoke too soon. Analysis of a subset of data found that the vaccine's benefit may not be statistically significant; odds of being protected from infection could be no better than chance. Critics say...

Author: /time Magazine | Title: The World | 10/26/2009 | See Source »

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