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...been to any lately? No, the only thing I've ever been to - and it's not quite the same thing - is years ago, I went to a sort of charity event for the New Yorker at a supper club in Chelsea or something. There were some actresses, authors, various people. If you were to make a lazy stereotype of a New Yorker reader, it was that kind of crowd...

Author: /time Magazine | Title: Arrested Development's David Cross | 8/31/2009 | See Source »

...revolution (another French tradition) as a small group of social activists uses creativity, humor and media savvy to draw the kind of attention it once took millions of marchers to muster. And here's the really radical thing: France's youthful demonstrators aren't just winning support for their various causes - they're challenging the very social and economic pact that has defined the country for the past 60 years...

Author: /time Magazine | Title: France's New Strike Force | 8/31/2009 | See Source »

...sold billions of dollars' worth of mortgage-backed securities, much of it labeled investment grade by ratings agencies. It was, in fact, junk. But Goldman realized earlier than most that rot was setting in and famously decided to pull back from the mortgage market. The firm then shorted various mortgage-securities indexes - betting that prices would fall - at the very moment that other firms were still making big long bets on the securities. Goldman avoided losses while other firms infected themselves with the cancerous securities...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...While McChrystal's redeployed and reinforced troops appear to be making progress in various parts of Afghanistan, there remain staggering challenges. The key southern city of Kandahar - long the capital of Taliban might - appears increasingly under the sway of the insurgency. There are widespread reports of vote fraud in the Aug. 20 presidential election in which incumbent Hamid Karzai claims to be leading. What's more, military and foreign-policy experts - some of whom have been advising McChrystal - say both the U.S. military and civilian presence is inadequate. (See pictures of the new offensive in Afghanistan...

Author: /time Magazine | Title: Turning Point Looms for the U.S. in Afghanistan | 8/31/2009 | See Source »

...runs near the Kokang region. That project is slated to become the biggest-ever foreign-investment commitment in Burma. As Beijing sends People's Liberation Army reinforcements to its land across from the conflict zone, it can only hope that the Burmese regime keeps a fragile peace with the various ethnic groups in other border areas. "This area has always been like a bomb waiting to go off," says the Kachin Independence Army's Gun Maw. "Everyone, from all sides, has to be very careful...

Author: /time Magazine | Title: Why Violence Erupted on the China-Burma Border | 8/31/2009 | See Source »

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