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...never seen anything like what's going on. Some of the smartest, savviest people we know - like the folks running the U.S. Treasury and the Federal Reserve Board - find themselves reacting to problems rather than getting ahead of them. It's terra incognita, a place no one expected to visit...

Author: /time Magazine | Title: How Financial Madness Overtook Wall Street | 9/18/2008 | See Source »

...daily sound bites, visit time.com/quotes

Author: /time Magazine | Title: Verbatim | 9/18/2008 | See Source »

...interesting white paper, “The Research Library in the Digital Age.” It was written by Robert Darnton, Carl H. Pforzheimer university professor and director of the Harvard University Library, and was forwarded to me by Frances D. Ferguson, chair of the Overseas Committee to Visit the University Library...

Author: By David A Andelman | Title: Journalists Lose at Harvard | 9/18/2008 | See Source »

...Speaking to Reuters, unnamed local intelligence officials said that the Wednesday strike was the product of improved "U.S.-Pakistani intelligence sharing". But Ahmad Mukhtar, the Pakistani defense minister, says he was taken aback by the attack. "The Mike Mullen visit was very nice and he was very understanding," Mukhtar says. "And now these air strikes have come as a surprise. There is no understanding that the air strikes should happen from the U.S. Whatever is on our side of the border, we will deal with. There is anxiety in the country, and the situation here was meant to be resolved...

Author: /time Magazine | Title: Pakistan vs. US Raids: How Bad a Rift? | 9/18/2008 | See Source »

...Zardari, who returned to Pakistan from a visit to London as news of the incident broke, had also suggested he believed that air strikes would end. Speaking to reporters after a lengthy meeting with Prime Minister Gordon Brown, he said: "I don't think there will be any more [air strikes]." In his meeting with Brown, Zardari had urged the British prime minister to persuade the Americans to refrain from further attacks on Pakistani soil. "The U.K. agrees with us that such moves are counterproductive," says the Zardari aide, who had been present at the meeting...

Author: /time Magazine | Title: Pakistan vs. US Raids: How Bad a Rift? | 9/18/2008 | See Source »

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