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Dates: during 2010-2019
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...firms have taken as much of an image hit in the wake of the financial crisis as Goldman Sachs. Once seen as one of the best-run companies in America, in the past year more and more people have come to view Goldman's outsized profits as a product of backdoor dealings and market manipulation. AIG's former CEO Hank Greenberg recently blamed Goldman for bankrupting the insurance company. (Goldman, not surprisingly, does not concur with Greenberg's version of events.) Goldman received $12.9 billion when the government bailed out the insurer. Goldman has also been accused by critics...

Author: /time Magazine | Title: Goldman Tries to Put a Halo on Bonuses | 1/13/2010 | See Source »

...neither of these somewhat scary scenarios for Harry Reid are likely. "We view the race with Coakley comfortably ahead," says a Senate Democratic leadership aide. "In this climate, we take nothing for granted. A win is a win, and we need to make sure she pulls this off." In fact, Democrats are now a little less worried about keeping the seat - if anything, the public policy poll did them a good turn, helping to energize otherwise lethargic Dem voters...

Author: /time Magazine | Title: Could the Democrats Lose Kennedy's Senate Seat? | 1/12/2010 | See Source »

...pictured in tourist brochures. But while overturned cars, shattered shop windows and street battles may be a far cry from the tranquil villages in the Tuscan hillsides, the real contradiction uncovered by the violence has less to do with how Italy is perceived by outsiders than with how Italians view the country themselves...

Author: /time Magazine | Title: In Italy, Racial Tensions Explode into Violence | 1/12/2010 | See Source »

...That view did not go down well at home. Most Germans - 69% in a recent poll - want their troops out of Afghanistan as soon as possible. Merkel is now under growing pressure from Washington and other contributors to the Afghanistan mission to boost the German presence as part of Barack Obama's surge strategy. As a genuine Atlanticist, she will not want to snub the U.S. call for help. But as an arch-pragmatist, she knows that public opinion in Germany will not blithely countenance a significant increase. She refuses to comment on her plans until she attends an international...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

...seemed to grow out of the authentic passions of a particular time (just after the Clarence Thomas hearings), when sexual harassment and political correctness were ripe issues. Race, by contrast, seems like a relic of another era. The advent of Barack Obama may not have invalidated Mamet's cynical view of race relations, but it has made it seem shockingly glib and opportunistic. "This isn't about sex. It's about race," goes the exchange that brings down the curtain in one scene. "What's the difference?" Make sense of that line, and you just might be able to make...

Author: /time Magazine | Title: The Downward Spiral of David Mamet | 1/11/2010 | See Source »

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